Form 4: BuzzFeed Director Gregory Coleman Reports Stock Transactions

Gregory Coleman, a director at BuzzFeed, Inc., reported the vesting and settlement of restricted stock units (RSUs) into Class A common stock on September 1, 2024.

Summary

• On September 1, 2024, Gregory Coleman, a director at BuzzFeed, Inc., had 19,228 restricted stock units (RSUs) vest.
• These RSUs were settled into shares of BuzzFeed's Class A common stock.
• Following the transaction, Coleman directly owns 308,869 shares of Class A Common Stock.
• Coleman also has indirect ownership through various trusts, including The Audrey Amelia Coleman 2014 Trust, The Benjamin Coleman 2000 Trust, The Coleman 2014 Family Trust, The Eloise Marie Coleman 2016 Trust, The Melissa Coleman 2000 Trust and The Stephen Coleman 2000 Trust.
• Coleman disclaims beneficial ownership of shares held by these trusts except to the extent of his pecuniary interest.
• Another 19,228 RSUs will vest on December 1, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

Another 19,228 RSUs are scheduled to vest on December 1, 2024.

Industry Context

Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock. This filing indicates activity by a director at BuzzFeed.

Stakeholder Impact

• The transaction could have a minor impact on shareholders due to the change in the number of shares held by a director.

Key Dates