Yelp CEO has 20,479 shares withheld for taxes
YELP INC (YELP) reported an insider transaction by Chief Executive Officer and director Jeremy Stoppelman.
Rhea-AI Filing Summary
YELP INC (YELP) reported an insider transaction by Chief Executive Officer and director Jeremy Stoppelman. On August 20, 2026, 20,479 shares of common stock were disposed of at $23.60 per share to satisfy tax withholding obligations arising from the vesting of previously granted RSUs. Following this withholding transaction, Stoppelman held 918,455 shares of Yelp common stock directly.
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Insights
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Insider Trade Summary
Tax Withholding: 20,479 shares
Tax Withholding
1 txn
Insider
Stoppelman Jeremy
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 20,479 | $23.60 | $483K |
Holdings After Transaction:
Common Stock — 918,455 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain RSUs, which were previously reported in Table I following the date of grant.
Key Figures
Shares withheld for tax: 20,479 shares
Transaction price per share: $23.60 per share
Shares held after transaction: 918,455 shares
3 metrics
Shares withheld for tax
20,479 shares
Common stock withheld on August 20, 2026 to satisfy tax withholding obligations upon RSU vesting
Transaction price per share
$23.60 per share
Valuation used for the tax-withholding disposition of 20,479 shares
Shares held after transaction
918,455 shares
Total direct holdings of Jeremy Stoppelman following the August 20, 2026 transaction
Key Terms
Restricted Stock Units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"in connection with the vesting of certain RSUs, which were previously reported"
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.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations in connection with the vesting"
Payment of tax liability by delivering or withholding securities financial
"transaction code F described as Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did YELP (YELP) report for Jeremy Stoppelman?
Yelp reported that CEO Jeremy Stoppelman had 20,479 shares of common stock withheld on August 20, 2026, at $23.60 per share to satisfy tax withholding obligations related to the vesting of previously granted RSUs.
Was the August 20, 2026 YELP (YELP) insider transaction a market sale?
No. The Form 4 describes the transaction as a code F event, representing payment of tax liability by delivering or withholding securities in connection with RSU vesting, rather than an open-market purchase or sale.
What transaction code is used in this YELP (YELP) Form 4 and what does it mean?
The Form 4 uses transaction code F, described as payment of tax liability by delivering or withholding securities. This code applies here to shares withheld in connection with the vesting of certain RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.