BuzzFeed, Inc 8-K, filed Feb 28, 2025
BuzzFeed, Inc. (BZFD)
8-K
2025-02-28
For: 2025-02-24
View Original
Added on
April 07, 2026
About this 8-K
BuzzFeed, Inc filed this 8-K on February 28, 2025, reporting on events of February 24, 2025.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): February 24, 2025
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
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(646 ) 397-2039
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Not applicable
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Named Executive Officer Compensation
On February 24, 2025, the Compensation Committee of BuzzFeed, Inc. (the “Company”) approved cash and equity bonus compensation for the Chief Executive Officer, Jonah Peretti, as detailed below. Additionally, on February 25, 2025, the Board of Directors the Company approved, upon the recommendation of the Compensation Committee, cash and equity bonus compensation for certain key executive employees, including the Chief Financial Officer, Matthew Omer, and the Chief Legal Officer, David Arroyo, as further detailed below.
| Name | Position | Bonus Compensation(1) | Equity Incentive Compensation(2) | ||||||||
| Jonah Peretti | Chief Executive Officer | $ | 50,076 | 10,241 | |||||||
| David Arroyo | Chief Legal Officer | $ | 84,094 | 17,372 | |||||||
| Matthew Omer | Chief Financial Officer | $ | 82,733 | 17,091 | |||||||
(1) Amounts reflect cash bonuses that will be paid by the Company to Messrs. Arroyo, Omer, and Peretti in one-fourth installments in the final pay periods of the months of March 2025, April 2025, May 2025, and June 2025, respectively.
(2) The restricted stock units (RSUs) will vest one hundred percent (100%) on the first anniversary of the date of grant in accordance with the BuzzFeed, Inc. 2021 Equity Compensation Plan.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: | 2/28/2025 | ||||||||||
| BuzzFeed, Inc. | |||||||||||
| By: | /s/ Jonah Peretti | ||||||||||
| Name: Jonah Peretti | |||||||||||
| Title: Chief Executive Officer | |||||||||||