Washington Stanley Eric 4
Research Summary
AI-generated summary
BuzzFeed (BZFD) Director Stanley Eric Washington Receives RSU Award
What Happened
- Stanley Eric Washington, a director of BuzzFeed, received a grant of 156,250 restricted stock units (RSUs) reported on 2026-07-21. The RSUs were granted at $0.00 (derivative award), meaning no cash was paid by the insider for the award.
Key Details
- Transaction date: 2026-07-21; filing date (Form 4): 2026-07-23 (filed two days after the grant).
- Grant size: 156,250 RSUs (reported as 156,250 shares @ $0.00, Derivative).
- Vesting: RSUs vest ratably as to 1/4 of the total award on the 16th of each October, January, April and July thereafter (per footnote).
- Expiration: These RSUs do not expire; they either vest or are cancelled prior to the vesting date (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding or late-filing flags noted in the provided information.
Context
- RSUs are compensation awards that convert to shares upon vesting if the service/vesting conditions are met; they are not an open-market purchase or sale and do not necessarily signal the insider’s market view.
- Because the grant is recorded at $0.00, there was no cash outlay by the insider at grant; value is realized only as RSUs vest and are settled into shares (and then subject to market value at that time).