Rothstein Adam 4

What Happened

• Adam Rothstein, a director of BuzzFeed, converted restricted stock units (RSUs) into 101,337 shares on Feb 1, 2026. The Form 4 reports 101,337 shares acquired at $0.00 and a corresponding disposition of a derivative instrument for the same number of shares at $0.00 (transaction code M = exercise/conversion). No cash changed hands in this settlement.

Key Details

• Transaction date: 2026-02-01; Form 4 filed: 2026-02-03 (timely).
• Reported amounts: 101,337 shares acquired @ $0.00; 101,337 shares disposed (derivative) @ $0.00; total cash value reported = $0.
• Shares owned after transaction: not specified in the supplied filing details.
• Footnotes: F1 — each RSU converts to one Class A share subject to continued service; F2 — half of the award vested and settled on the transaction date, the remaining half vests on May 1, 2026; F3 — these RSUs do not expire.
• Transaction code M indicates an exercise/conversion of a derivative (here, RSUs). Filing was timely (not marked late).

Context

• This was an RSU settlement (conversion of a deferred share award), not an open-market buy or sale; the filing shows settlement at $0 per share, which is typical when RSUs convert into shares rather than being sold for cash. Because this was not a sale of shares into the market, it should not be interpreted as a liquidity-driven sale or a new purchase signal.