Yelp Foundation Continues Strategic Stock Sales Following Previous Transactions
Rhea-AI Filing Summary
The Yelp Foundation has filed a Form 144, indicating a proposed sale of 2,500 shares of Yelp common stock through Morgan Stanley Smith Barney LLC. The shares have an aggregate market value of $86,250 and will be traded on the NYSE with an approximate sale date of June 24, 2025.
Key transaction details:
- The shares were originally acquired on March 2, 2012, through exercised shares from the issuer
- Previous sales by The Yelp Foundation in the past 3 months: - May 27, 2025: 2,500 shares for $94,675 - April 24, 2025: 2,500 shares for $86,375
- Total outstanding shares: 63,842,428
This Form 144 filing represents a routine securities transaction by The Yelp Foundation, showing a consistent pattern of selling 2,500 shares monthly over the past quarter. The foundation maintains its trading activities within regulatory compliance requirements.
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