Yelp (NYSE: YELP) CEO logs new RSU awards, option exercises and sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yelp Inc. CEO and director Jeremy Stoppelman filed a Form 4 reporting new equity awards, option exercises, and planned share sales. He received 152,573 restricted stock units that vest in equal quarterly installments over four years and 55,796 performance-based units that became eligible to vest after specified performance goals were achieved, subject to continued service.
Stoppelman exercised stock options for 30,000 shares on each of February 3 and 4, 2026 and 6,200 shares on February 5, 2026 at an exercise price of $20.47 per share. On the same dates, he sold common stock in several transactions under a duly adopted Rule 10b5-1 trading plan at weighted average prices between $24.1961 and $26.6303 per share. After these transactions, he directly owned 964,827 shares of Yelp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 66,200 shares ($1,678,961)
Net Sell
13 txns
Insider
Stoppelman Jeremy
Role
Chief Executive Officer
Sold
66,200 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 6,200 | $20.47 | $127K |
| Exercise | Common Stock | 6,200 | $20.47 | $127K |
| Sale | Common Stock | 6,200 | $24.1961 | $150K |
| Exercise | Stock Option (Right to Buy) | 30,000 | $20.47 | $614K |
| Exercise | Common Stock | 30,000 | $20.47 | $614K |
| Sale | Common Stock | 29,400 | $24.7753 | $728K |
| Sale | Common Stock | 600 | $25.37 | $15K |
| Exercise | Stock Option (Right to Buy) | 30,000 | $20.47 | $614K |
| Grant/Award | Common Stock | 152,573 | $0.00 | -- |
| Grant/Award | Common Stock | 55,796 | $0.00 | -- |
| Exercise | Common Stock | 30,000 | $20.47 | $614K |
| Sale | Common Stock | 14,269 | $25.6786 | $366K |
| Sale | Common Stock | 15,731 | $26.6303 | $419K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 971,027 shares (Direct)
Footnotes (1)
- Represents the grant of restricted stock units that vest in equal quarterly installments over four years from the date of grant. On January 25, 2023, the Reporting Person was granted performance-based restricted stock units covering 70,834 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On February 3, 2026, the performance criteria were met, resulting in 55,796 shares becoming eligible to vest on February 20, 2026, subject to the Reporting Person's continued service with the Issuer. Shares were sold pursuant to a duly adopted 10b5-1 trading plan, adopted by the reporting person on May 19, 2025. The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $25.35 to $26.28, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $26.38 to $27.035, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $24.31 to $25.29, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $25.34 to $25.40, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $23.98 to $24.46, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. Fully vested.
FAQ
What did Yelp (YELP) CEO Jeremy Stoppelman report in this Form 4?
Jeremy Stoppelman reported a mix of equity grants, stock option exercises, and open-market share sales. The filing shows new restricted stock units, the exercise of options at a set price, and multiple sales executed under a pre-established Rule 10b5-1 trading plan.
What new equity awards did Yelp (YELP) grant to Jeremy Stoppelman?
Stoppelman received 152,573 restricted stock units that vest in equal quarterly installments over four years, plus 55,796 performance-based units that became eligible to vest after meeting defined performance criteria, contingent on his continued service with Yelp.
At what price did Jeremy Stoppelman exercise Yelp (YELP) stock options?
He exercised stock options with an exercise price of $20.47 per share. These exercises occurred on February 3, 4, and 5, 2026 and were followed by open-market sales of common stock disclosed in the same Form 4.
What performance condition affected Jeremy Stoppelman’s Yelp (YELP) performance-based RSUs?
Performance-based RSUs granted on January 25, 2023 covered 70,834 shares at target. The Form 4 notes that performance criteria were met on February 3, 2026, resulting in 55,796 shares becoming eligible to vest on February 20, 2026, subject to continued service.