Yelp insider files to sell 20,325 shares of common stock

Yelp insider plans sale of common stock under Rule 144.

Rhea-AI Filing Summary

Yelp insider plans sale of common stock under Rule 144. Joseph Nachman filed a notice to sell up to 20,325 shares of Yelp common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $611,846.48. The filing notes 61,491,989 Yelp shares outstanding.

The shares to be sold were acquired over time through an employee stock purchase plan, stock option exercise, and prior exercised shares, with transactions dated between 2014 and 2025, all paid in cash. Over the past three months, Nachman has already sold additional Yelp common shares in three transactions totaling 34,325 shares, generating gross proceeds of $1,097,389.88.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for Yelp (YELP) disclose?

It discloses that Joseph Nachman has filed a notice of proposed sale of 20,325 shares of Yelp common stock under Rule 144, with an aggregate market value of $611,846.48.

How many Yelp (YELP) shares is the insider planning to sell and on which exchange?

The notice covers the proposed sale of 20,325 shares of Yelp common stock, to be sold on the NYSE.

What is the relationship between the planned sale and Yelp (YELP) shares outstanding?

The Form 144 lists an outstanding share count of 61,491,989 Yelp common shares, providing context for the 20,325-share planned sale.

How were the Yelp (YELP) shares being sold under Form 144 originally acquired?

The shares were acquired through an Employee Stock Purchase Plan, stock option exercises, and previously exercised shares, with acquisition dates ranging from 2014 to 2025, paid in cash.

Which broker is handling the proposed Yelp (YELP) insider stock sale?

The proposed sale is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

What recent Yelp (YELP) stock sales has Joseph Nachman already completed?

Over the past three months, Joseph Nachman sold Yelp common shares in three transactions: 7,000 shares on 11/06/2025, 7,000 shares on 10/06/2025, and 20,325 shares on 09/05/2025, for combined gross proceeds of $1,097,389.88.

What representation does the seller make in the Yelp (YELP) Form 144 notice?

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

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 12/05/2025 - 04:11 PM Learn about SEC filing dates

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	0001540652
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	YELP INC.
SEC File Number	001-35444
Address of Issuer	350 Mission Street, 10th Floor San Francisco CALIFORNIA 94105
Phone	(415) 908-3801
Name of Person for Whose Account the Securities are To Be Sold	JOSEPH NACHMAN
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	Officer

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	20325	611846.48	61491989	12/05/2025	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	05/31/2020	Employee Stock Purchase Plan	ISSUER			721	05/31/2020	Cash
Common	12/05/2025	Stock Option Exercise	ISSUER			13325	12/05/2025	Cash
Common	12/05/2014	Exercised Shares	ISSUER			5224	12/05/2014	Cash
Common	05/31/2016	Employee Stock Purchase Plan	ISSUER			1055	05/31/2016	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	11/06/2025	7000	225086.10
JOSEPH NACHMAN 350 Mission Street, 10th Floor San Francisco CA 94105	Common	10/06/2025	7000	222884.24
JOSEPH NACHMAN 350 Mission Street, 10th Floor San Francisco CA 94105	Common	09/05/2025	20325	649419.54

144: Remarks and Signature

Remarks
Date of Notice	12/05/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/02/2024
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	/s/ Joseph Nachman
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)