Omer Matthew 4
4 · BuzzFeed, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
BuzzFeed (BZFD) CFO Omer Matthew Receives RSU Shares
What Happened
Omer Matthew, BuzzFeed's CFO, had restricted stock units (RSUs) settle on March 9, 2026, resulting in the conversion/acquisition of 1,667 shares of Class A common stock at an exercise/conversion price of $0.00. To cover tax withholding on the settlement, 687 shares were surrendered (disposed). An additional entry reports 1,667 shares as a derivative conversion/disposition on the same date; all reported transactions show $0 proceeds, consistent with RSU settlement rather than a cash purchase or market sale.
Key Details
- Transaction date(s): March 9, 2026; Form 4 filed March 11, 2026 (appears timely).
- Prices and values: all entries reported at $0.00 (RSU conversion/settlement, not a cash purchase).
- Shares reported: +1,667 shares acquired from RSU conversion; 687 shares withheld for taxes (disposed); 1,667 shares also reported as a derivative disposition.
- Shares owned after transaction: not specified in the provided excerpt.
- Notable footnotes:
- RSUs settled on March 9 convert 1-for-1 into Class A shares (F1, F3).
- 687 shares withheld to pay taxes on the RSU settlement (F2).
- Half of the remaining 3,334 RSUs vested earlier and will settle on the next equity release date; the other half vests May 19, 2026 (F4). RSUs do not expire but are either vested or cancelled (F5).
Context
This was an RSU settlement (award vesting/conversion), not an open-market buy or a voluntary sale; tax withholding via share surrender is routine and does not necessarily indicate a view on the stock. Derivative code M here reflects the conversion/settlement mechanics of equity awards rather than an option purchase funded with cash.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-09+1,667→ 336,232 total - Tax Payment
Class A Common Stock
[F2]2026-03-09−687→ 335,545 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-03-09−1,667→ 3,334 total→ Class A Common Stock (1,667 underlying)
Footnotes (5)
- [F1]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.
- [F2]Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) 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]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.
- [F5]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.