BuzzFeed (BZFD) Director Adam Rothstein Receives RSU Award

What Happened Adam Rothstein, a director of BuzzFeed, was granted 121,527 restricted stock units (RSUs) on 2026-07-21, reported on a Form 4 filed 2026-07-23. The RSUs are derivative awards (transaction type A) granted at $0.00 per unit (no cash paid on grant).

Key Details

• Transaction date: 2026-07-21; Form 4 filed: 2026-07-23 (within the normal 2-business-day reporting window).
• Award: 121,527 RSUs; grant price reported as $0.00 (typical for compensation awards).
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes:
  • Each RSU equals a contingent right to one share, contingent on continued service (F1).
  • Vesting: ratably as to 1/4 of the total award on the 2nd of each September, December, March and June thereafter (F2).
  • RSUs do not expire; they either vest or are cancelled prior to vesting (F3).
• Transaction code: A = Award/Grant (derivative), not a purchase or sale.

Context RSU grants are a form of equity compensation and do not represent an immediate cash purchase or sale. Because these RSUs vest over time contingent on continued service, they are compensation-related rather than a market signal of the director buying or selling stock.