Rolle Janet L 4

What Happened

• Janet L. Rolle, a director of BuzzFeed, had 34,924 restricted stock units (RSUs) vest on March 1, 2026 and those RSUs were settled into 34,924 shares of the issuer's Class A common stock. The Form 4 shows a derivative conversion (transaction code M) with 34,924 shares acquired at $0.00 and the corresponding derivative interest disposed at $0.00 — no cash changed hands.

Key Details

• Transaction date: March 1, 2026. Filing date / report filed: March 2, 2026 (timely).
• Reported price: $0.00 per share (RSU settlement); total cash proceeds: $0.
• Shares received: 34,924 common shares via vesting/settlement of RSUs.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: 34,924 RSUs fully vested and were settled in shares on March 1, 2026.
  • F2: Each RSU equals a contingent right to one share, subject to continued service.
  • F3: 1/4 of the total award vested on March 1, 2026; the remaining 104,773 RSUs vest ratably as 1/4 of the total award on June 1, September 1 and December 1 thereafter.
  • F4: The RSUs do not expire; they either vest or are cancelled before vesting.
• No indication of a 10b5‑1 plan, tax‑withholding sale, or late filing in the provided info.

Context

• This was not an open‑market purchase or sale: it’s the settlement of RSUs into ordinary shares upon vesting. Such transactions commonly reflect compensation vesting rather than active trading decisions by the insider.
• The filing shows both an “acquired” and a “disposed” line because the derivative instrument (the RSU) was converted into underlying shares.