Yelp CPO reports 56,188-share equity stake
YELP INC discloses its Chief Product Officer’s initial ownership of 56,188 common shares, largely in unvested RSUs vesting quarterly over several grant cycles.
Rhea-AI Filing Summary
YELP INC (YELP) reports the initial equity holdings of Chief Product Officer Akhil Kuduvalli Ramesh on a Form 3. He directly holds 56,188 shares of common stock.
This amount includes 51,596 unvested restricted stock units, which are scheduled to vest in equal quarterly installments over four years from the respective grant dates of January 9, 2023 (2,347 shares), January 16, 2024 (6,232 shares), January 15, 2025 (11,177 shares), January 8, 2026 (20,364 shares), and July 8, 2026 (11,476 shares).
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kuduvalli Ramesh Akhil
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,188 shares (Direct)
Footnotes (1)
- F1. Includes an aggregate of 51,596 unvested restricted stock units, which vest as follows: a) 2,347 shares that vest in equal quarterly installments over four years following the grant date of January 9, 2023; b) 6,232 shares that vest in equal quarterly installments over four years following the grant date of January 16, 2024; c) 11,177 shares that vest in equal quarterly installments over four years following the grant date of January 15, 2025; d) 20,364 shares that vest in equal quarterly installments over four years following the grant date of January 8, 2026; and (e) 11,476 shares that vest in equal quarterly installments over four years following the grant date of July 8, 2026.
Key Figures
Total beneficial ownership: 56,188 shares
Unvested restricted stock units: 51,596 shares
RSU grant a): 2,347 shares
+4 more
7 metrics
Total beneficial ownership
56,188 shares
Common stock held directly following the reported holdings entry
Unvested restricted stock units
51,596 shares
Portion of total beneficial ownership consisting of unvested RSUs
RSU grant a)
2,347 shares
Unvested RSUs vesting quarterly over four years from January 9, 2023
RSU grant b)
6,232 shares
Unvested RSUs vesting quarterly over four years from January 16, 2024
RSU grant c)
11,177 shares
Unvested RSUs vesting quarterly over four years from January 15, 2025
RSU grant d)
20,364 shares
Unvested RSUs vesting quarterly over four years from January 8, 2026
RSU grant e)
11,476 shares
Unvested RSUs vesting quarterly over four years from July 8, 2026
Key Terms
restricted stock units, vest, equal quarterly installments
3 terms
restricted stock units financial
"Includes an aggregate of 51,596 unvested restricted stock units, which vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"restricted stock units, which vest in equal quarterly installments over four"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
equal quarterly installments financial
"which vest in equal quarterly installments over four years following"
FAQ
What does the YELP Form 3 filing report for Chief Product Officer Akhil Kuduvalli Ramesh?
It reports that the Chief Product Officer beneficially owns 56,188 shares of YELP common stock, including 51,596 unvested restricted stock units that will vest in equal quarterly installments over four years from their respective grant dates.
How many YELP (YELP) unvested restricted stock units does the officer hold?
The Chief Product Officer holds 51,596 unvested restricted stock units of YELP common stock, all included in his total reported beneficial ownership of 56,188 shares as of the Form 3.
What are the key grant dates and sizes of the YELP RSU awards in this Form 3?
The unvested RSUs comprise grants tied to January 9, 2023 (2,347 shares), January 16, 2024 (6,232), January 15, 2025 (11,177), January 8, 2026 (20,364), and July 8, 2026 (11,476).
How do the YELP restricted stock units in this Form 3 vest over time?
All 51,596 unvested RSUs vest in equal quarterly installments over four years following each grant date, aligning the officer’s equity compensation with long-term service at YELP.
Does this YELP Form 3 show any stock purchases or sales by the Chief Product Officer?
No. The Form 3 is an initial ownership report and lists holdings of common stock and unvested RSUs; it does not report any stock purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.