Yelp (NYSE: YELP) CPO sees 1,315 shares withheld for RSU taxes

Rhea-AI Filing Summary

Yelp Inc.'s Chief Product Officer Craig Saldanha reported a routine tax-withholding transaction. On March 15, 2026, 1,315 shares of Yelp common stock were withheld at a price of $23.83 per share to cover tax obligations on previously granted RSUs.

After this non-market disposition, Saldanha directly holds 269,035 shares of Yelp common stock. This event reflects automatic tax withholding tied to RSU vesting rather than an open-market sale or discretionary trading decision.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Saldanha Craig

(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 Product 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		1,315(1)	D	$23.83	269,035	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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Yelp (YELP) report for Craig Saldanha?

Yelp reported a routine tax-withholding transaction for Chief Product Officer Craig Saldanha. On March 15, 2026, 1,315 common shares were withheld to satisfy tax obligations arising from the vesting of previously granted RSUs, rather than from an open-market trade.

How many Yelp (YELP) shares were involved in Craig Saldanha’s Form 4 filing?

The filing shows 1,315 shares of Yelp common stock were withheld. These shares were used to cover tax withholding obligations tied to the vesting of certain RSUs that had been previously reported, not as part of a voluntary sale in the open market.

What price per share was used for the tax withholding in Yelp (YELP) Form 4?

The tax-withholding disposition used a price of $23.83 per share. This price was applied to 1,315 Yelp common shares withheld to satisfy tax obligations connected to the vesting of restricted stock units previously disclosed for Craig Saldanha.

How many Yelp (YELP) shares does Craig Saldanha hold after this transaction?

Following the tax-withholding transaction, Craig Saldanha directly holds 269,035 shares of Yelp common stock. This figure reflects his remaining position after 1,315 shares were withheld to cover tax liabilities from vesting RSUs, as reported in the Form 4 filing.

Was Craig Saldanha’s Yelp (YELP) transaction an open-market sale or a tax event?

The transaction was a tax event, not an open-market sale. The Form 4 describes an F-code disposition, where 1,315 shares were withheld specifically to satisfy tax withholding obligations from the vesting of restricted stock units previously granted to Craig Saldanha.