Yelp (YELP) Chief People Officer gains 14,666 performance-based shares

Rhea-AI Filing Summary

Yelp Inc. Chief People Officer Carmen Amara reported acquiring 14,666 shares of Yelp common stock on March 4, 2026 through a performance-based stock award at a stated price of $0.0000 per share. After this grant, her directly held ownership increased to 139,484 common shares.

The award stems from performance-based restricted stock units originally granted on February 7, 2025. The footnote explains that 14,666 shares became eligible to vest once performance criteria were met, with 31.25% scheduled to vest on March 15, 2026 and 6.25% vesting quarterly thereafter, contingent on continued service.

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

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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^*

Amara Carmen

(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 People Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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	03/04/2026		A		14,666(1)	A	$0	139,484	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. On February 7, 2025, the Reporting Person was granted performance-based restricted stock units covering 14,535 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 March 4, 2026, the performance criteria were met, resulting in 14,666 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2026; and 6.25% of the shares will vest quarterly thereafter until fully vested.

Remarks:

	/s/ Elizabeth Prosser, Attorney-in-Fact	03/06/2026
	** 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.
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FAQ

What insider transaction did Yelp (YELP) report for Carmen Amara?

Carmen Amara acquired 14,666 Yelp common shares on March 4, 2026 through a performance-based equity award at a stated price of $0.0000 per share. This non-cash grant increased her directly held stake to 139,484 common shares, reflecting compensation tied to performance goals.

What role does Carmen Amara hold at Yelp (YELP) in this Form 4?

Carmen Amara is Yelp’s Chief People Officer, identified as an officer and reporting person in the Form 4. The filing shows a performance-based stock award that increases her direct ownership, aligning part of her compensation with Yelp’s equity and stated performance criteria.

How many Yelp (YELP) shares does Carmen Amara own after this grant?

After the reported transaction, Carmen Amara directly holds 139,484 Yelp common shares. This total reflects the addition of 14,666 shares from a performance-based restricted stock unit award that became eligible to vest once specified performance goals were achieved.

What are the vesting terms of Carmen Amara’s Yelp (YELP) performance-based RSUs?

The footnote states that 14,666 shares became eligible to vest once performance criteria were met. 31.25% will vest on March 15, 2026, and 6.25% will vest quarterly thereafter until fully vested, subject to her continued service with Yelp.

When were Carmen Amara’s Yelp (YELP) performance-based RSUs originally granted?

The performance-based restricted stock units were granted on February 7, 2025, covering 14,535 shares at the target performance level. Depending on performance, zero to 200% of that target could become eligible to vest under the plan’s stated performance goals.

Was cash paid for the Yelp (YELP) shares reported in this Form 4?

The Form 4 shows a transaction price of $0.0000 per Yelp share for the 14,666-share acquisition, indicating these were granted as equity compensation rather than purchased for cash in the market, consistent with a performance-based restricted stock unit award.