Yelp (NYSE: YELP) investor files notice to sell 7,000 shares

Rhea-AI Filing Summary

Yelp Inc. shareholder Joseph Nachman has filed a notice to sell 7,000 shares of Yelp common stock through Morgan Stanley Smith Barney, with an approximate sale date of 01/06/2026 on the NYSE and an aggregate market value of $212,359.42. The filing lists 61,491,989 shares of Yelp common stock outstanding.

The shares to be sold come from performance shares acquired on 11/20/2024 and shares acquired by option exercise on 12/05/2014. The notice also reports prior sales of Yelp common stock by Nachman over the past three months, including 20,325 shares sold on 12/05/2025 for gross proceeds of $611,846.48 and 7,000 shares sold on 11/06/2025 for gross proceeds of $225,086.10.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	7000	212359.42	61491989	01/06/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/20/2024	Performance Shares	ISSUER			2447	11/20/2024	Not Applicable
Common	12/05/2014	Exercised Shares	ISSUER			4553	12/05/2014	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JOSEPH NACHMAN 350 Mission Street, 10th Floor San Francisco CA 94105	Common	12/05/2025	20325	611846.48
JOSEPH NACHMAN 350 Mission Street, 10th Floor San Francisco CA 94105	Common	11/06/2025	7000	225086.10

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many YELP shares are planned to be sold under this notice?

The notice states that 7,000 shares of Yelp common stock are planned to be sold, with an aggregate market value of $212,359.42.

On which exchange and through which broker will the YELP shares be sold?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services as broker, with the shares to be sold on the NYSE.

What is the recent trading history disclosed for YELP shares by this seller?

The seller reported prior sales of Yelp common stock, including 20,325 shares sold on 12/05/2025 for $611,846.48 and 7,000 shares sold on 11/06/2025 for $225,086.10.

How many YELP shares are shown as outstanding in this filing?

The notice lists 61,491,989 shares of Yelp common stock as the number of shares outstanding.

How were the YELP shares being sold originally acquired by the seller?

The table shows 2,447 shares acquired as performance shares on 11/20/2024 and 4,553 shares acquired as exercised shares from the issuer on 12/05/2014, with the latter paid for in cash.

What representation does the seller make about information on Yelp in this notice?

By signing the notice, the seller represents that they do not know any material adverse information about Yelp’s current and prospective operations that has not been publicly disclosed.