Omer Matthew 4

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.