Vivek Ramaswamy exits 8.6% BuzzFeed (BZFD) stake, sells 3.13M securities
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D
Rhea-AI Filing Summary
BuzzFeed, Inc. investor Vivek Ramaswamy has fully exited his reported position in the company’s Class A common stock. A Schedule 13D filing shows he now reports 0 shares beneficially owned, representing 0.0% of the class.
The filing notes a sale on May 12, 2026 of 3,129,779 securities tied to BuzzFeed, Inc., including 3,090,779 common shares at an average price of $1.56 and 39,000 warrants at an average price of $0.04. This block represented 8.6% of the total class of 36,296,018 shares as of May 5, 2026, and is described as a disposition of a material number of securities.
Positive
- None.
Negative
- None.
Insights
Large BuzzFeed holder exits 8.6% stake, removing a concentrated owner.
The Schedule 13D shows Vivek Ramaswamy has sold a block representing 8.6% of BuzzFeed’s Class A shares, based on 36,296,018 shares outstanding as of May 5, 2026. After this transaction he reports no beneficial ownership.
This is a significant change in the shareholder base, shifting an influential stake out of a single reporting holder. Actual market impact depends on how these 3,129,779 securities—3,090,779 common shares at $1.56 and 39,000 warrants at $0.04—were absorbed by the market or other investors.
Key Figures
Securities sold: 3,129,779 securities
Common shares sold: 3,090,779 shares at $1.56
Warrants sold: 39,000 warrants at $0.04
+3 more
6 metrics
Securities sold
3,129,779 securities
Sale transactions on May 12, 2026
Common shares sold
3,090,779 shares at $1.56
Average price per share in May 12, 2026 sale
Warrants sold
39,000 warrants at $0.04
Average price per warrant in May 12, 2026 sale
Stake percentage disposed
8.6% of class
Portion of 36,296,018 shares as of May 5, 2026
Shares outstanding
36,296,018 shares
Class A common shares outstanding as of May 5, 2026
Post-transaction ownership
0 shares, 0.0% of class
Aggregate beneficial ownership after reported sale
Key Terms
Schedule 13D, beneficially owned, Sole Voting Power, Sole Dispositive Power, +1 more
5 terms
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Number of Shares Beneficially Owned by Each Reporting Person With:"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"9 | Sole Dispositive Power 0.00 10 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
warrants financial
"and 39,000 warrants at an average price of $0.04, totaling 8.6% of the total class"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
What did Vivek Ramaswamy disclose about his BuzzFeed (BZFD) holdings?
He reported that he no longer beneficially owns any BuzzFeed Class A common stock. The Schedule 13D states his aggregate beneficial ownership is 0 shares, representing 0.0% of the class following recent sale transactions.
How many BuzzFeed (BZFD) securities did Vivek Ramaswamy sell?
He sold 3,129,779 securities tied to BuzzFeed. This includes 3,090,779 Class A common shares at an average price of $1.56 and 39,000 warrants at an average price of $0.04 in a transaction dated May 12, 2026.
What percentage of BuzzFeed’s Class A stock did this sale represent?
The sale represented 8.6% of BuzzFeed’s Class A common stock. That percentage is based on a total class of 36,296,018 shares outstanding as of May 5, 2026, as referenced in the Schedule 13D filing.
What was the stated purpose of Vivek Ramaswamy’s BuzzFeed transactions?
The filing describes the purpose as the disposition of a material number of securities. It characterizes the activity as sale transactions that reduced his beneficial ownership in BuzzFeed’s Class A common stock to zero as of the reported date.
What type of SEC filing did Vivek Ramaswamy submit regarding BuzzFeed (BZFD)?
He submitted a Schedule 13D related to BuzzFeed’s Class A common stock. This form is used to report significant ownership and changes in holdings, and here it details his sale of an 8.6% stake and resulting zero ownership.