Yelp (YELP) Form 144: Sale notice for 7,000 shares on 11/06/2025

Yelp (YELP) insider Joseph Nachman filed a Form 144 notice to sell 7,000 common shares, with an aggregate market value of $225,086.09, on or about 11/06/2025.

Rhea-AI Filing Summary

Yelp (YELP) insider Joseph Nachman filed a Form 144 notice to sell 7,000 common shares, with an aggregate market value of $225,086.09, on or about 11/06/2025. The planned sale lists Morgan Stanley Smith Barney LLC as broker and NYSE as the exchange.

Shares outstanding were 63,060,655; this is a baseline figure, not the amount being offered. The filing also lists recent activity over the past three months: 7,000 shares sold on 10/06/2025 for $222,884.24 and 20,325 shares sold on 09/05/2025 for $649,419.54. The shares to be sold were acquired through an employee stock purchase plan and performance share vesting across multiple dates.

FAQ

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

What does Yelp (YELP)’s Form 144 disclose?

A planned sale of 7,000 common shares with an aggregate market value of $225,086.09 on or about 11/06/2025.

Who is the seller named in Yelp (YELP)’s Form 144?

The filing lists Joseph Nachman as the person for whose account the securities are to be sold.

Which broker and exchange are listed for the YELP sale?

Broker: Morgan Stanley Smith Barney LLC. Exchange: NYSE.

How many Yelp shares are outstanding per the notice?

The form states 63,060,655 shares outstanding.

What prior 3-month sales are disclosed in the YELP filing?

Sales include 7,000 shares on 10/06/2025 for $222,884.24 and 20,325 shares on 09/05/2025 for $649,419.54.

How were the shares to be sold originally acquired?

Through Employee Stock Purchase Plan purchases and Performance Shares vesting on specified dates.

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

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Accepted by SEC EDGAR 11/06/2025 - 04:04 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	7000	225086.09	63060655	11/06/2025	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	05/31/2022	Employee Stock Purchase Plan	ISSUER			739	05/31/2022	Cash
Common	05/31/2016	Employee Stock Purchase Plan	ISSUER			39	05/31/2016	Cash
Common	03/15/2023	Performance Shares	ISSUER			4336	03/15/2023	Not Applicable
Common	05/31/2019	Employee Stock Purchase Plan	ISSUER			742	05/31/2019	Cash
Common	05/31/2023	Employee Stock Purchase Plan	ISSUER			455	05/31/2023	Cash
Common	05/31/2017	Employee Stock Purchase Plan	ISSUER			689	05/31/2017	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	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	11/06/2025
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)