Yelp (NYSE: YELP) director granted 10,646 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barone Christine reported acquisition or exercise transactions in this Form 4 filing.
Yelp Inc. director Christine Barone received an equity grant of 10,646 shares of Common Stock in the form of restricted stock units. The filing shows these units were awarded at no cash cost per share and increase her direct holdings to 26,574 shares following the grant.
According to the footnote, the restricted stock units will vest on the earlier of one year from the grant date or the date of Yelp’s next annual meeting of stockholders, aligning the award with her board service over roughly a one-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barone Christine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,646 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,574 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock unit grant: 10,646 shares
Price per granted share: $0.0000 per share
Shares owned after grant: 26,574 shares
+1 more
4 metrics
Restricted stock unit grant
10,646 shares
Equity award of Common Stock to director
Price per granted share
$0.0000 per share
Reported grant price for restricted stock units
Shares owned after grant
26,574 shares
Total direct holdings following the transaction
Vesting condition
Earlier of one year or next annual meeting
Time-based vesting for restricted stock units
Key Terms
restricted stock units, Common Stock, annual meeting of stockholders, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents the grant of restricted stock units that vest on the earlier of (a) one year from the date of grant..."
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.
Common Stock financial
"security_title: "Common Stock" in the non-derivative transaction record"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
annual meeting of stockholders financial
"..., or (b) the date of the Issuer's next annual meeting of stockholders."
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the Form 4 transaction"
FAQ
What did Yelp (YELP) director Christine Barone report in this Form 4?
Christine Barone reported receiving 10,646 restricted stock units of Yelp Common Stock as an equity award. The grant was recorded at no cash cost per share and increased her direct holdings to 26,574 shares after the transaction.
When do Christine Barone’s new Yelp (YELP) restricted stock units vest?
The restricted stock units vest on the earlier of one year from the grant date or the date of Yelp’s next annual meeting of stockholders. This time-based vesting schedule is typical for director compensation and ties the award to continued board service.
What transaction code appears on Christine Barone’s Yelp (YELP) Form 4?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. In this case, it represents an equity compensation grant of 10,646 restricted stock units that will vest over time, rather than a discretionary market transaction.