4Filed Sep 13, 8:00 PM ET

BuzzFeed (BZFD) CFO Omer Matthew Receives RSU Award

$BZFD · BuzzFeed, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

BuzzFeed (BZFD) CFO Omer Matthew Receives RSU Award

What Happened

  • Omer Matthew, Chief Financial Officer of BuzzFeed, received a grant of 362,882 restricted stock units (RSUs) reported as a derivative award on Sep 10, 2026. The reported grant price is $0.00 (i.e., no cash paid at grant); the units are contingent rights to receive shares if vesting conditions are met.

Key Details

  • Transaction date: 2026-09-10; Form 4 filed: 2026-09-14.
  • Grant amount: 362,882 RSUs; reported acquisition price: $0.00 (derivative award).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: (1) Each RSU equals a contingent right to one share of Class A common stock contingent on continued service. (2) Vesting: 1/3 vests one year from July 21, 2026, with the remainder vesting in eight equal quarterly installments thereafter. (3) RSUs do not expire — they either vest or are cancelled before vesting.
  • Filing timing: Form 4 was filed four days after the transaction date; this appears later than the typical 2-business-day filing requirement for Form 4s.

Context

  • RSU grants are a common form of executive compensation and do not involve an immediate cash purchase or sale; they become shares only if and when vesting conditions are met. Such awards are generally tied to continued service or performance and are not a direct market buy/sell signal.