COMCAST CORP

Major Shareholding Notification • May 29, 2024

SC 13D/A 1 dp211749_sc13da-5.htm FORM SC 13D/A

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)*

BUZZFEED, INC.
(Name of Issuer)
Class A Common Stock, par value $0.0001
(Title of Class of Securities)
12430A300
(CUSIP Number)
Thomas J. Reid Chief Legal Officer and Secretary Comcast Corporation One Comcast Center Philadelphia, Pennsylvania 19103-2838 (215) 286-1700
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
May 28, 2024
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o

• The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 12430A300 — 1.	NAMES OF REPORTING PERSONS Comcast Corporation
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ☐
		(b) ☒
3.	SEC USE ONLY
4.	SOURCE OF FUNDS OO ( See Item 3 )
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) ☐
6.	CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7.	SOLE VOTING POWER 0
	8.	SHARED
VOTING POWER 1,754,206 ( See Item 5 )
	9.	SOLE DISPOSITIVE POWER 0
	10.	SHARED
DISPOSITIVE POWER 1,754,206 ( See Item 5 )
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,754,206 ( See Item 5 )
12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.98% ( See Item 5 )
14.	TYPE OF REPORTING PERSON CO

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CUSIP No. 12430A300 — 1.	NAMES OF REPORTING PERSONS NBCUniversal, LLC
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ☐
		(b) ☒
3.	SEC USE ONLY
4.	SOURCE OF FUNDS OO ( See Item 3 )
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) ☐
6.	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7.	SOLE VOTING POWER 0
	8.	SHARED
VOTING POWER 1,754,206 ( See Item 5 )
	9.	SOLE DISPOSITIVE POWER 0
	10.	SHARED
DISPOSITIVE POWER 1,754,206 ( See Item 5 )
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,754,206 ( See Item 5 )
12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.98% ( See Item 5 )
14.	TYPE OF REPORTING PERSON OO

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CUSIP No. 12430A300 — 1.	NAMES OF REPORTING PERSONS NBCUniversal Media, LLC
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ☐
		(b) ☒
3.	SEC USE ONLY
4.	SOURCE OF FUNDS OO ( See Item 3 )
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) ☐
6.	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7.	SOLE VOTING POWER 0
	8.	SHARED
VOTING POWER 1,754,206 ( See Item 5 )
	9.	SOLE DISPOSITIVE POWER 0
	10.	SHARED
DISPOSITIVE POWER 1,754,206 ( See Item 5 )
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,754,206 ( See Item 5 )
12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.98% ( See Item 5 )
14.	TYPE OF REPORTING PERSON OO

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Amendment No. 5 to Schedule 13D

The following constitutes Amendment No. 5 (“Amendment No. 5”) to the Schedule 13D filed with the Securities and Exchange Commission (“SEC”) by Comcast Corporation, NBCUniversal, LLC and NBCUniversal Media, LLC (collectively, the “Reporting Persons”) on December 13, 2021, as amended by Amendment No. 1 filed with the SEC on February 1, 2023, Amendment No. 2 filed with the SEC on February 6, 2023, Amendment No. 3 filed with the SEC on February 21, 2023 and Amendment No. 4 filed with the SEC on May 24, 2024 (collectively, “Schedule 13D”). This Amendment No. 5 amends, supplements and restates the Schedule 13D as specifically set forth herein. This Amendment No. 5 does not restate disclosures in the Schedule 13D that are not being amended and should be read in conjunction with the Schedule 13D. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.

This Amendment No. 5 relates to the Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”) of BuzzFeed, Inc., a Delaware corporation (the “Issuer”). On May 28, 2024, the Reporting Persons sold 245,794 shares of Class A Common Stock in the open market, and as a result, each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the Class A Common Stock of the Issuer. The filing of this Amendment No. 5 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons.

This Amendment is filed to reflect the changes in the outstanding ownership held by the Reporting Persons.

Item 5. Interest in Securities of the Issuer.

Item 5(a)-(b) is hereby amended and restated as follows:

(a) The responses of the Reporting Persons to Rows (11) through (13) of the cover pages of this Schedule are incorporated herein by reference. As of May 28, 2024, the Reporting Persons shared beneficial ownership of an aggregate of 1,754,206 shares of Class A Common Stock of the Issuer, which is equal to approximately 4.98% of the outstanding shares of Class A Common Stock of the Issuer, based on 35,240,395 shares of Class A Common Stock of the Issuer that were outstanding as of May 10, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 (the “Issuer’s Most Recent Quarterly Report”) . However, the Reporting Persons’ 1,754,206 shares of Class A Common Stock represent less than 2% of the total voting power of all outstanding shares of the Issuer’s Class A Common Stock, Class B Common Stock and Class C Common Stock on a combined basis, as of May 10, 2024 , based on information disclosed in the Issuer’s Most Recent Quarterly Report .

Except as disclosed in this Item 5(a), none of the Reporting Persons nor, to the best of their knowledge, any of their directors or executive officers, beneficially owns any shares of Class A Common Stock of the Issuer.

(b) The response of the Reporting Persons to (i) Rows (7) through (10) of the cover pages of this Schedule and (ii) Item 5(a) hereof are incorporated herein by reference.

Except as disclosed in this Item 5(b), none of the Reporting Persons, nor to the best of their knowledge, any of their directors or executive officers, presently has the power to vote or direct the vote or to dispose or direct the disposition of any of the shares of Class A Common Stock of the Issuer which they may be deemed to beneficially own.

(c) Except as described in Item 3 of this Schedule, which is incorporated herein by reference, none of the Reporting Persons, nor, to the best of their knowledge, any of their directors or executive officers, has effected any transaction in the shares of Class A Common Stock of the Issuer during the past 60 days.

(e) As a result of the transaction described herein, on May 28, 2024, each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the Class A Common Stock of the Issuer. The filing of this Amendment No. 5 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: May 29, 2024

| /s/
Elizabeth Wideman | |
| --- | --- |
| Name: | Elizabeth Wideman |
| Title: | Senior Vice President, Senior
Deputy General Counsel and Assistant Secretary |

| /s/
Elizabeth Wideman | |
| --- | --- |
| Name: | Elizabeth Wideman |
| Title: | Senior Vice President and Assistant
Secretary |

| /s/
Elizabeth Wideman | |
| --- | --- |
| Name: | Elizabeth Wideman |
| Title: | Senior Vice President and Assistant
Secretary |

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