Yelp (YELP) CTO receives 14,762-share RSU grant, lifting holdings to 60,430
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yelp Inc.'s Chief Technology Officer Alexander Coleman Levy received an equity grant of 14,762 shares of common stock as a restricted stock unit award. The grant has no cash exercise price and vests in equal quarterly installments over four years from the grant date. Following this award, Levy directly holds 60,430 shares of Yelp common stock, reflecting a compensation-related increase in his equity stake rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levy Alexander Coleman
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,762 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 60,430 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 14,762 shares
Price per share: $0.00 per share
Post-transaction holdings: 60,430 shares
+2 more
5 metrics
RSU grant size
14,762 shares
Restricted stock units granted to CTO Alexander Coleman Levy
Price per share
$0.00 per share
Grant/award acquisition price for RSU shares
Post-transaction holdings
60,430 shares
Total Yelp common stock directly held after grant
Vesting schedule length
4 years
RSUs vest in equal quarterly installments over four years
Vesting frequency
Quarterly
Restricted stock units vest in equal quarterly installments
Key Terms
restricted stock units, vest, Form 4, grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents the grant of restricted stock units that vest in equal quarterly installments"
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.
vest financial
"restricted stock units that vest in equal quarterly installments over four years"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Yelp (YELP) Chief Technology Officer Alexander Coleman Levy report in this Form 4?
Alexander Coleman Levy reported receiving 14,762 shares of Yelp common stock as a restricted stock unit grant. These shares were awarded at no cash cost and increase his directly held position to 60,430 shares after the transaction.
Is the Yelp (YELP) Form 4 transaction an open-market stock purchase or sale?
The Form 4 shows a grant or award acquisition, not an open-market trade. Levy received 14,762 restricted stock units at a price of $0.00 per share as part of compensation, so it does not reflect a discretionary market buy or sell.
How do the new restricted stock units for Yelp (YELP) CTO vest over time?
The award of 14,762 restricted stock units vests in equal quarterly installments over four years from the grant date. This structure ties Levy’s equity compensation to continued service and long-term performance rather than immediate full ownership.
What does transaction code "A" mean in the Yelp (YELP) Form 4 for Alexander Coleman Levy?
Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects a compensation-related grant of 14,762 restricted stock units to Levy, rather than a purchase or sale on the open market.