Malone Chris 4

What Happened

• Chris Malone, a director of BuzzFeed, purchased 17,361 shares of the company's Class A common stock on June 17, 2026.
• Purchase price was $1.44 per share, for a total cash outlay of $25,000. This was a direct purchase (transaction code P), not a sale.

Key Details

• Transaction date and price: June 17, 2026 — 17,361 shares at $1.44 each (total $25,000).
• Type of deal: Private placement pursuant to a Securities Purchase Agreement dated June 17, 2026; shares were acquired exempt from registration under Section 4(a)(2) of the Securities Act. (Footnote F1)
• Approval: The acquisition was approved by the issuer on June 17, 2026.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Filing timeliness: Form 4 was filed on June 22, 2026 for a June 17 transaction (filed five days later); this appears later than the typical two-business-day filing requirement for insiders.

Context

• This was a private placement purchase, not an open-market trade. Private placements can reflect negotiated terms and are exempt from standard registration.
• The purchase amount ($25,000) is relatively small and does not by itself indicate a material change in ownership.