Peretti Jonah 4
4 · BuzzFeed, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
BuzzFeed CEO Jonah Peretti Receives RSU Shares (Tax Withholding)
What Happened
- Jonah Peretti, CEO of BuzzFeed, had restricted stock units (RSUs) convert into 35,694 shares of the issuer's Class A common stock on May 14, 2026. The conversion price was $0.00 per share (RSUs convert 1-for-1 to common stock).
- To satisfy tax withholding obligations on the RSU settlement, 14,700 shares were withheld (reported as a disposition) at an implied withholding amount of $1.33 per share, totaling $19,551.
- Transaction codes: M entries reflect exercise/conversion of the derivative (RSU) into shares; F reflects shares withheld to pay taxes.
Key Details
- Transaction date: May 14, 2026; Filing date: May 18, 2026 (timely filed within the Form 4 deadline).
- Shares acquired (from RSU settlement): 10,241 + 25,453 = 35,694 shares (Class A common stock) at $0.00 per share.
- Shares disposed/withheld for taxes: 14,700 shares; withholding amount reported as $19,551 (at $1.33 per share).
- Footnotes: RSUs convert 1-for-1 into Class A shares (F1); withheld shares were used to pay taxes on settlement (F2); each RSU is contingent on continued service (F3). The filing notes 25,453 RSUs settled on the transaction date and additional RSUs remain subject to a vesting schedule (50,908 RSUs vest in quarterly 1/12 installments per F6). The RSU grant vested 100% on Feb 24, 2026 per the filing (F4).
- Shares owned after the transaction: not specified in this filing.
Context
- This was an RSU settlement (award conversion), not an open-market sale or purchase. Withholding shares to cover taxes is routine and should not be interpreted as a discretionary sale by the insider.
- For retail investors: RSU settlements reflect compensation/vesting mechanics rather than a direct signal of the CEO’s view of the stock; the only shares leaving Peretti’s holdings here were withheld for tax purposes.
Insider Transaction Report
Form 4
BuzzFeed, Inc.BZFD
Peretti Jonah
DirectorPresident of BuzzFeed AI
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-14+10,241→ 10,241 total - Exercise/Conversion
Class A Common Stock
[F1]2026-05-14+25,453→ 35,694 total - Tax Payment
Class A Common Stock
[F2]2026-05-14$1.33/sh−14,700$19,551→ 20,994 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-05-14−10,241→ 0 total→ Class A Common Stock (10,241 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F6][F5]2026-05-14−25,453→ 50,908 total→ Class A Common Stock (25,453 underlying)
Footnotes (6)
- [F1]These shares of Class A common stock reflect the vesting of restricted stock units ("RSUs") on May 14, 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]The RSU grant vested 100% of the total award on February 24, 2026.
- [F5]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- [F6]25,453 RSUs settled on the transaction date. The remaining 50,908 RSUs vest as to 1/12 of the total award quarterly in equal installments on the 1st of August, November, February and May thereafter.
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Jonah Peretti|2026-05-18