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

Rhea-AI Filing Summary

Adam Rothstein, a director of BuzzFeed, Inc., reported the vesting and settlement of restricted stock units into Class A common stock on 09/01/2025. A grant of 16,655 RSUs fully vested and was settled in shares at no cash price, increasing the reporting person’s direct beneficial ownership of Class A common stock to 873,045 shares. The filing notes each RSU represents a contingent right to one share and that the award vests in scheduled tranches (one-quarter vested on 09/01/2025 and the remainder vests ratably with a one-quarter tranche on 12/01). The Form 4 was signed on 09/03/2025 by an attorney-in-fact for the reporting person.

Positive

• 16,655 RSUs vested and were settled into Class A common stock on 09/01/2025
• Direct beneficial ownership increased to 873,045 Class A shares following the settlement
• Filing discloses vesting schedule and RSU terms, indicating one-quarter vested on the transaction date and additional tranches including 12/01

Negative

• None.

Insights

Securities Analyst

TL;DR: Director converted vested RSUs into 16,655 shares, raising direct Class A ownership to 873,045 shares.

The filing documents a routine insider equity settlement: 16,655 restricted stock units matured and were settled into Class A common stock at no cash consideration on 09/01/2025. The reporting person is identified as a director and filed as a single reporting person. The disclosure includes the vesting schedule language confirming tranche vesting with one-quarter vested on the transaction date and additional scheduled vesting including a tranche on 12/01. No derivative instruments beyond RSUs are newly created or exercised in a manner that changes contingent terms; the RSUs represent contingent rights to shares and either vest or are cancelled. This is a standard Section 16 disclosure of insider ownership change.

Corporate Governance Expert

TL;DR: The Form 4 reports standard executive compensation vesting and settlement into shares, properly disclosed under Section 16.

The submission shows compliance with reporting requirements: identity and address of the reporting person, relationship to issuer (director), transaction date, transaction code (M) indicating a conversion/settlement of awards, and the post-transaction beneficial ownership figure. The explanations clarify vesting mechanics and that RSUs do not expire but vest or are cancelled. The filing was executed by an attorney-in-fact, with signature dated 09/03/2025, which is consistent with authorized filing practices.

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
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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^*

Rothstein Adam

(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)
09/01/2025

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	09/01/2025		M		16,655(1)	A	$0	873,045	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	$0(2)	09/01/2025		M			16,655	(3)	(4)	Class A Common Stock	16,655	$0	16,656	D

Explanation of Responses:

1. 16,655 restricted stock units ("RSUs") fully vested on September 1, 2025 and were settled in shares of the Issuer's common stock.

2. 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.

3. 1/4 of the award vested on the transaction date. The remaining 16,656 RSUs vests ratably as to 1/4 of the total award on the 1st of December.

4. 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 Adam Rothstein	09/03/2025
	** 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 transaction did Adam Rothstein report on Form 4 for BuzzFeed (BZFD)?

The Form 4 reports that 16,655 RSUs vested and were settled into Class A common stock on 09/01/2025.

How many Class A shares does Adam Rothstein beneficially own after the transaction?

The filing reports 873,045 Class A common shares beneficially owned following the reported transaction.

What is the price paid for the settled RSUs?

The RSUs were settled into shares at a reported price of $0 per share.

What portion of the award vested on 09/01/2025 and what is the next vesting tranche?

The filing states 1/4 of the award vested on 09/01/2025 and the remaining RSUs vest ratably with a 1/4 tranche on 12/01.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Heather Flores-Ricks, Attorney-in-Fact for Adam Rothstein on 09/03/2025.