Angela Acharia converts 11,897 RSUs to BuzzFeed (BZFD) Class A shares
Rhea-AI Filing Summary
Angela Acharia, a director of BuzzFeed, Inc. (ticker shown as BZFD on this filing), reported that 11,897 restricted stock units (RSUs) fully vested on September 1, 2025 and were settled into shares of the issuer's Class A common stock. After the settlement the filing shows 162,618 shares beneficially owned by the reporting person. The filing also notes 563 shares are held of record by A Series Investments, LLC, of which Ms. Acharia is founder and CEO, and she disclaims beneficial ownership except to the extent of her pecuniary interest. The RSU award schedule states one quarter vested on the transaction date and the remaining RSUs vest ratably with a 1/4 tranche on December 1; the RSUs do not expire. The Form 4 was signed by an attorney-in-fact on behalf of Ms. Acharia on September 3, 2025.
Positive
- 11,897 RSUs fully vested and were settled into shares, converting deferred compensation into direct equity
- Post-transaction beneficial ownership of 162,618 shares increases the director's reported direct stake
Negative
- None.
Insights
TL;DR Insider conversion of vested RSUs into shares is routine and signals executive compensation realization, not a change in control or major disposition.
The reported transaction documents the vesting and settlement of 11,897 RSUs into Class A common stock by a company director. This is a standard equity compensation event reflecting previously granted awards becoming vested. The filing discloses a small record ownership via A Series Investments, LLC, with a disclaimer of beneficial ownership beyond pecuniary interest, which aligns with common governance practices to separate personal and managed assets. No derivative exercises, sales, or transfers are reported, so there is no immediate change to liquidity or insider selling behavior to flag.
TL;DR Vesting and settlement of RSUs increased the director's direct share count; the event appears administrative and non-disruptive.
The filing states 11,897 RSUs vested and were settled into shares at a $0 price, consistent with RSU settlement mechanics where no exercise price applies. Post-transaction beneficial ownership is 162,618 shares, indicating the converted RSUs are now direct holdings. The award structure described—1/4 vested upon the transaction date with remaining vesting ratably including a 1/4 tranche on December 1—is specific and useful for tracking future potential insider holdings becoming unrestricted. There is no indication of sales or hedging tied to these shares in this Form 4.