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Form 4: BuzzFeed Director Angela Acharia Disposes of Class A Shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Angela Acharia, a director of BuzzFeed, Inc. (symbol BZFD/BZFDW), reported sales of Class A common stock on September 3-4, 2025. She sold 67,985 shares on September 3 in multiple trades at a weighted average price of $1.88 (range $1.88–$1.8802) and sold 100 shares on September 4 at $1.88. After the reported transactions she beneficially owned 94,633 and then 94,533 shares directly. An additional 563 shares are held of record by A Series Investments, LLC, for which she is Founder and CEO and may be deemed to have indirect ownership, subject to her disclaimer of beneficial ownership except to her pecuniary interest.

Positive

  • None.

Negative

  • Director sold 67,985 shares on 09/03/2025 and an additional 100 shares on 09/04/2025, reducing direct ownership.
  • Sales executed at ~ $1.88 per share, indicating insider dispositions at a low, consistent price range.

Insights

TL;DR Director sold ~68,085 Class A shares at ~$1.88, modestly reducing her direct stake; transactions are routine insider sales.

The reporting shows a material insider sale in absolute share count but not enough context here to assess impact on company valuation. The sales occurred over two days at essentially the same price, suggesting execution rather than a strategic exit. The disclosure of indirect holdings via A Series Investments, LLC, is standard; the filer disclaims beneficial ownership beyond pecuniary interest. No derivative transactions or additional changes to compensation or option holdings are reported.

TL;DR Insider director sold a meaningful block of Class A shares and disclosed indirect holdings through an affiliated LLC with a standard disclaimer.

From a governance perspective, the filing is properly executed and signed by an attorney-in-fact, and the explanatory footnotes provide the required detail on prices and the reporting structure. The filing does not show any related-party transfers, option exercises, or planned-sale box checked; it therefore reads as a straightforward open-market disposition. The limited remaining direct and indirect holdings are disclosed transparently.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Acharia Angela

(Last) (First) (Middle)
C/O BUZZFEED, INC.
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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025
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 09/03/2025 S 67,985(1) D $1.88 94,633 D
Class A Common Stock 09/04/2025 S 100(2) D $1.88 94,533 D
Class A Common Stock 563 I By A Series Investments, LLC(3)
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
Explanation of Responses:
1. On September 3, 2025, the Reporting Person sold these shares in multiple trades at prices ranging from $1.88 to $1.8802. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.
2. On September 4, 2025, the Reporting Person sold these shares in a single trade at a price of $1.88. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the transaction.
3. Held of record by A Series Investments, LLC. Ms. Acharia is the Founder and Chief Executive Officer of A Series Investments, LLC and therefore may be deemed to beneficially own all of the shares held of record thereby; however, Ms. Acharia disclaims beneficial ownership except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Remarks:
/s/ Heather Flores-Ricks as Attorney-in-Fact for Angela Acharia 09/05/2025
** 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 did Angela Acharia report on Form 4 for BZFD?

The Form 4 discloses that Angela Acharia sold 67,985 shares on 09/03/2025 and 100 shares on 09/04/2025 of Class A common stock at approximately $1.88 per share.

How many shares does Angela Acharia beneficially own after the reported transactions?

After the transactions the report shows 94,533 shares directly beneficially owned and an additional 563 shares held of record by A Series Investments, LLC (indirect).

Were the transactions part of a 10b5-1 plan or similar?

The Form 4 does not indicate that the sales were made pursuant to a 10b5-1 plan; the filing does not check a box or state that the transactions were under a written plan.

Did the filing report any derivative transactions or option exercises?

No. Table II for derivative securities contains no entries; the filing reports only non-derivative open-market sales of Class A common stock.

Who signed the Form 4 and when?

The Form 4 was signed by Heather Flores-Ricks as Attorney-in-Fact for Angela Acharia on 09/05/2025.
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