BuzzFeed, Inc. (BZFDW) SEC Filings, May-Jun 2026

BuzzFeed, Inc. entered into private share purchase agreements to raise new equity capital. On June 17, 2026, Allen Family Digital, LLC agreed to buy 4,000,000 Class A shares at $1.44 per share, made up of 2,173,155 newly issued shares and 1,826,845 treasury shares, providing the company with approximately $5.8 million in proceeds.

BuzzFeed also agreed to sell a cumulative 216,999 additional Class A shares to individual purchasers at the same $1.44 price. All 4,216,999 shares were issued on June 18, 2026 as an unregistered sale of equity securities relying on the Section 4(a)(2) exemption under the Securities Act.

BuzzFeed Inc. reports a Schedule 13G/A amendment disclosing beneficial ownership by Inventive Sino Limited and Zhenhua Wang. The filing states Inventive Sino Limited directly holds 1,691,812 shares of Class A Common Stock, representing 4.7% of the Class based on March 31, 2026 figures. The filing clarifies that Mr. Zhenhua Wang is the sole shareholder and sole director of Inventive Sino Limited and thus may be deemed to indirectly beneficially own the reported shares.

BuzzFeed Inc. Schedule 13G filing reports that Inventive Sino Limited beneficially owns 2,024,312 shares of Class A Common Stock, representing 5.6% of the class. The filing states Zhenhua Wang is sole shareholder and sole director of Inventive Sino Limited and is therefore deemed to indirectly beneficially own those shares.

The percent of class is calculated using 36,296,018 Class A shares outstanding as reported in the issuer's Form 10-Q for the quarter ended March 31, 2026. The filing is signed and includes a Joint Filing Agreement dated June 12, 2026.

BuzzFeed, Inc. reported the results of its 2026 annual meeting of stockholders. Stockholders re-elected Janet Rollé and Adam Rothstein as Class II directors, each to serve a three-year term expiring at the 2029 annual meeting of stockholders, with 73,277,359 and 73,584,572 votes cast in favor of their elections, respectively. Both director proposals also recorded broker non-votes of 17,049,410 shares.

Stockholders also ratified the appointment of CBIZ CPAs P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 90,981,426 votes for, 313,813 against, and 21,545 abstentions. No other substantive business items or financial results were disclosed in this report.

BuzzFeed, Inc. received an initial ownership report showing that Allen Family Digital, LLC holds 40,000,000 shares of BuzzFeed Class A Common Stock indirectly.

Byron Allen Folks is the sole member of Allen Family Digital, LLC and, as a result, may be deemed to share beneficial ownership of these shares. Both Allen Family Digital, LLC and Folks are reported as ten percent owners.

BuzzFeed, Inc. received a major control investment from Allen Family Digital, LLC (AFD), which acquired 40,000,000 Class A shares at $3.00 per share, for total consideration of $120.0 million.

The deal combined $20.0 million in cash at closing with a five-year, 5% secured promissory note for $100.0 million, backed by a first priority security interest in 33.33 million shares. Following closing, AFD beneficially owns about 52.4% of BuzzFeed’s Class A stock, based on 76,296,018 shares outstanding, giving Byron Allen effective control. A related director appointment agreement significantly reshapes the board and installs Byron Allen as Chief Executive Officer and Chairman.

Edge One Capital Management LLC and Varun Gupta filed Amendment No. 1 to their Schedule 13D on BuzzFeed to report that they are no longer 5% holders. Their stake was diluted after BuzzFeed issued and sold 40,000,000 shares of Class A common stock to Allen Family Digital, LLC at $3.00 per share, for total consideration of $120.0 million, in a private transaction exempt from registration. As of May 26, 2026, the reporting persons beneficially own 2,006,891 shares, representing approximately 2.54% of BuzzFeed’s Class A common stock, based on 78,983,041 shares outstanding. This amendment is designated as a final, exit filing for these holders.

BuzzFeed, Inc. (BZFD) major holders report reduced ownership after a large equity issuance. The company issued 40,000,000 shares of Class A common stock to Allen Family Digital, LLC, significantly increasing total Class A shares outstanding. As a result, the reporting group (Jonah Peretti, LLC, Jonah Peretti, Johnson BF, LLC and John S. Johnson III) each now beneficially owns a small single‑digit stake and has ceased to be a more‑than‑5% holder.

Jonah Peretti, LLC reports beneficial ownership of 1,309,354 Class A shares, or 1.7% of the class. Jonah Peretti individually reports beneficial ownership of 1,621,047 Class A shares, or 2.0%, including RSUs and vested options. Johnson BF, LLC and John S. Johnson III each report beneficial ownership of 1,041,195 and 1,049,061 Class A shares, respectively, or about 1.3% each.

In connection with the transaction, Jonah Peretti resigned as Chief Executive Officer and Chairman of the Board effective at closing, will remain on the Board as a Class I director, and is expected to take a new role as President of BuzzFeed AI. An existing Holder Voting Agreement and the irrevocable proxy granted to Peretti over 1,049,061 Johnson‑affiliated shares were terminated at closing. This amendment is designated as the final Schedule 13D amendment and functions as an exit filing for the reporting persons.

BuzzFeed, Inc. director Sydnie Karras has filed an initial insider ownership report on Form 3. The data in this excerpt shows no reported purchases, sales, gifts, option exercises, or other transactions in BuzzFeed stock, and no derivative positions listed.