David Arroyo - 12 Aug 2025 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
CLO
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo
Issuer symbol
BZFD
Transactions as of
12 Aug 2025
Net transactions value
-$21,049
Form type
4
Filing time
14 Aug 2025, 18:27:13 UTC
Previous filing
21 May 2025
Next filing
13 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Arroyo David CLO 50 W. 23RD STREET, 6TH FLOOR, NEW YORK /s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo 14 Aug 2025 0001961294

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +329 +0.28% $0.000000 117,440 12 Aug 2025 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +25,144 +21% $0.000000 142,584 12 Aug 2025 Direct F1
transaction BZFD Class A Common Stock Tax liability $21,049 -10,268 -7.2% $2.05 132,316 12 Aug 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BZFD Restricted Stock Units Options Exercise $0 -329 -100% $0.000000 0 12 Aug 2025 Class A Common Stock 329 Direct F3, F4, F5
transaction BZFD Restricted Stock Units Options Exercise $0 -25,144 -20% $0.000000 100,580 12 Aug 2025 Class A Common Stock 25,144 Direct F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class A common stock reflect the settlement, on August 12, 2025, of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of the Issuer's Class A common stock on a 1-for-1 basis.
F2 Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers.
F3 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.
F4 All remaining 329 RSUs settled on the transaction date.
F5 Not applicable.
F6 25,144 RSUs settled on the transaction date. The remaining 100,580 RSUs vests as to 1/12th of the total award of 301,724 RSUs quarterly in eight equal installments on the 19th of each August, November, February and May thereafter.
F7 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.