BuzzFeed (BZFD) CFO settles RSUs and withholds shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BuzzFeed, Inc. CFO Matthew Omer reported routine equity compensation activity tied to restricted stock units (RSUs). On March 9, 2026, 1,667 RSUs settled into 1,667 shares of Class A common stock on a 1-for-1 basis. To cover taxes on this vesting, 687 shares were withheld, leaving him with 335,545 Class A shares held directly after the transactions. According to the footnotes, he still holds 3,334 RSUs; half of these vested in February 2026 and will settle on the company’s next equity release date, and the remaining half are scheduled to vest on May 19, 2026, if he continues as a service provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,667 shares exercised/converted
Mixed
3 txns
Insider
Omer Matthew
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,667 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 687 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,334 shares (Direct);
Class A Common Stock — 336,232 shares (Direct)
Footnotes (1)
- These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on March 9, 2026. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis. Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers. 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. 1/2 of the remaining 3,334 RSUs vested in February 2026 and will settle on the Company's next equity release date. The remaining 1/2 of the RSUs will vest on May 19, 2026. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
What did BuzzFeed (BZFD) CFO Matthew Omer report in this Form 4?
He reported routine RSU vesting and related tax withholding. On March 9, 2026, 1,667 restricted stock units settled into an equal number of Class A shares, with a portion of those shares withheld to satisfy tax obligations.
What RSU balance and vesting schedule remain for the BuzzFeed (BZFD) CFO?
He has 3,334 RSUs remaining with staged vesting. Half of these RSUs vested in February 2026 and will settle on the company’s next equity release date, while the remaining half are scheduled to vest on May 19, 2026.
Do these BuzzFeed (BZFD) Form 4 transactions involve an open-market sale by the CFO?
No, they reflect RSU settlement and tax withholding, not an open-market sale. The disposition coded “F” represents shares delivered to cover taxes related to vesting, rather than discretionary selling into the market.
What does each RSU reported by the BuzzFeed (BZFD) CFO represent?
Each RSU represents a right to receive one Class A share. The units convert into BuzzFeed’s Class A common stock on a 1-for-1 basis, contingent on the CFO’s continued service to the company through the applicable vesting dates.