Yelp (YELP) Chief People Officer has shares withheld for RSU taxes

Rhea-AI Filing Summary

Yelp Inc. Chief People Officer Carmen Amara reported a routine share disposition tied to compensation. On this Form 4, 1,805 shares of common stock were withheld at $23.83 per share to cover tax obligations arising from vesting restricted stock units. After this tax-withholding transaction, Amara directly holds 137,679 shares of Yelp common stock. This was not an open‑market purchase or sale, but an automatic mechanism to pay taxes on equity compensation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Amara Carmen

(Last) (First) (Middle)

C/O YELP INC.

350 MISSION STREET, 10TH FLOOR

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
YELP INC [ YELP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/15/2026		F		1,805(1)	D	$23.83	137,679	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain RSUs that were previously reported in Table I.

Remarks:

	/s/ Elizabeth Prosser, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Yelp (YELP) report for Carmen Amara?

Yelp reported that Chief People Officer Carmen Amara had 1,805 common shares withheld to cover taxes on vested RSUs. This was a tax-withholding disposition, not an open-market buy or sell transaction, and reflects routine handling of equity compensation.

Was the recent Yelp (YELP) insider transaction a stock sale in the market?

No, the transaction was not an open-market sale. Yelp’s Chief People Officer had 1,805 shares withheld by the company at $23.83 per share to satisfy tax obligations from vesting RSUs, a standard non-market mechanism for paying equity-related taxes.

How many Yelp (YELP) shares does Carmen Amara hold after the tax withholding?

Following the reported tax-withholding transaction, Carmen Amara directly holds 137,679 shares of Yelp common stock. The disposition involved only 1,805 shares withheld for taxes tied to previously reported restricted stock unit vesting.

What price was used for the Yelp (YELP) RSU tax-withholding shares?

The shares withheld for taxes were valued at $23.83 per share. Yelp used this price when withholding 1,805 common shares from Chief People Officer Carmen Amara to satisfy tax obligations associated with the vesting of restricted stock units.

Does the Yelp (YELP) Form 4 indicate any stock option exercises?

No, the Form 4 does not show any option exercises. It reports only a single non-derivative transaction: 1,805 Yelp common shares withheld to pay taxes on vesting RSUs, with no derivative positions or exercises disclosed in this filing.