BX Buzz ML-2 Holdco L.P. 4

What Happened
BX Buzz ML-1 Holdco L.P., a reporting 10% owner affiliated with Blackstone, sold a total of 7,477,500 shares of Bumble Inc. (BMBL) on June 16, 2026. The sales were reported as open market/private sales (transaction code S) executed at an effective price of approximately $3.7751 per share (filing shows $3.78 rounded), for aggregate proceeds of about $28.23 million. The sale price was determined by the volume-weighted average price (VWAP) at the end of a hedging period under a post‑paid forward arrangement with an unaffiliated financial institution.

Key Details

• Transaction date: 2026-06-16 (filed on 2026-06-18; filing appears timely).
• Shares sold: 7,477,500 total (individual blocks listed in the Form 4).
• Effective price: ~$3.7751 per share (VWAP determined at hedging-period end); filing shows $3.78.
• Total proceeds: ≈ $28,228,311.
• Shares owned after transaction: not specified in this Form 4.
• Notable footnotes: F1 explains the post‑paid forward sale and VWAP pricing; other footnotes (F2–F9, F10–F13) describe BX Buzz ML-1’s ownership structure and Blackstone affiliations and disclaimers among reporting persons.
• Transaction code: S = Sale (no options exercised, no awards, no gift).

Context
This filing reflects institutional selling by a 10% owner (part of the Blackstone group), not an individual executive. The sale was settled via a post‑paid forward / hedging arrangement where the final per‑share price was set by VWAP when the hedging period ended. Such institutional transactions can be part of structured financing or portfolio management and are not, by themselves, a direct statement about company prospects.