[Form 4] BuzzFeed, Inc. Warrant Insider Trading Activity

Rhea-AI Filing Summary

David Arroyo, Chief Legal Officer of BuzzFeed, Inc., reported settlement of restricted stock units into Class A common stock on August 12, 2025. On that date 329 RSUs and 25,144 RSUs vested and converted 1-for-1 into Class A shares. To satisfy taxes on the vesting, 10,268 shares were withheld and disposed of at $2.05 per share. Following the reported transactions, the filing shows beneficial ownership figures of 117,440, 142,584 and 132,316 shares on the respective reported lines. The award originally totaled 301,724 RSUs, with 100,580 RSUs remaining unvested and scheduled to vest in eight equal quarterly installments on the 19th of August, November, February and May thereafter.

Positive

• Clear disclosure of RSU settlement numbers and the remaining vesting schedule
• Tax-withholding disposition and price are reported, improving transparency
• Form 4 is properly signed by attorney-in-fact, indicating procedural compliance

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine executive RSU vesting and tax-withholding sale; modest share disposal at $2.05, no new purchases reported.

The report documents standard compensation mechanics: RSU settlements converted to Class A shares and a share-withholding to cover taxes. A sale of 10,268 shares at $2.05 is disclosed as part of tax-related disposition. The filing lists remaining unvested RSUs (100,580) and the scheduled quarterly vesting cadence, which clarifies future potential share issuance timing but does not indicate additional market activity or material change to ownership control.

Corporate Governance Expert

TL;DR: Disclosure aligns with Section 16 reporting: vested equity, tax withholding, and vesting schedule clearly stated.

The Form 4 provides the required detail on conversion of RSUs to shares, the amount withheld for taxes, and the remaining unvested portion with explicit vesting schedule and non-expiration terms. Signatures and attorney-in-fact filing are present. This is a routine insider compensation disclosure that meets reporting obligations without indicating governance issues or extraordinary transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Arroyo David

(Last) (First) (Middle)

50 W. 23RD STREET, 6TH FLOOR

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CLO

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/12/2025		M		329(1)	A	$0	117,440	D
Class A Common Stock	08/12/2025		M		25,144(1)	A	$0	142,584	D
Class A Common Stock	08/12/2025		F		10,268(2)	D	$2.05	132,316	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	08/12/2025		M			329	(4)	(5)	Class A Common Stock	329	$0	0	D
Restricted Stock Units	(3)	08/12/2025		M			25,144	(6)	(7)	Class A Common Stock	25,144	$0	100,580	D

Explanation of Responses:

1. These shares of Class A common stock reflect the settlement, on August 12, 2025, of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of the Issuer's Class A common stock on a 1-for-1 basis.

2. Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers.

3. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.

4. All remaining 329 RSUs settled on the transaction date.

5. Not applicable.

6. 25,144 RSUs settled on the transaction date. The remaining 100,580 RSUs vests as to 1/12th of the total award of 301,724 RSUs quarterly in eight equal installments on the 19th of each August, November, February and May thereafter.

7. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

	/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What RSUs vested for David Arroyo on August 12, 2025 (BZFD)?

On August 12, 2025, 329 RSUs and 25,144 RSUs settled and converted 1-for-1 into Class A common stock.

How many shares were withheld or sold to pay taxes in this Form 4?

A total of 10,268 shares were withheld/disposed of to cover taxes, sold at $2.05 per share.

How many RSUs remain unvested after this transaction?

The filing states 100,580 RSUs remain unvested and will vest in eight equal quarterly installments.

Does this Form 4 show any new purchases by the reporting person?

No purchases are reported; the transactions reflect RSU settlements and tax-related dispositions only.

What is the original size of the RSU award referenced?

The original award referenced totals 301,724 RSUs.