Yext (NYSE: YEXT) general counsel amends Form 4 to fix RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Yext, Inc. General Counsel Shin Ho filed an amended Form 4 to correct the number of shares withheld for taxes on restricted stock units vesting on March 20, 2026. The amendment reports 30,448 shares of common stock withheld at $4.79 per share, leaving 300,742 shares directly held afterward. The footnotes state this corrects a prior clerical error that had overstated the tax-withheld shares by 3,732.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shin Ho
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 30,448 | $4.79 | $146K |
Holdings After Transaction:
Common Stock — 300,742 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 20, 2026. Due to a clerical error, an additional 3,732 shares were incorrectly disclosed as withheld in the prior Form 4 regarding the amount necessary to satisfy tax liability upon vesting of restricted stock units on March 20, 2026. This amendment reflects the correct number of shares withheld to satisfy Recipient's tax liability, which reflects 3,732 fewer shares withheld than previously disclosed.
Key Figures
Tax-withheld shares: 30,448 shares
Withholding price: $4.79 per share
Shares after transaction: 300,742 shares
+1 more
4 metrics
Tax-withheld shares
30,448 shares
Common stock withheld for tax on RSU vesting March 20, 2026
Withholding price
$4.79 per share
Price per share for tax-withholding disposition
Shares after transaction
300,742 shares
Direct holdings following March 20, 2026 tax withholding
Prior overstatement
3,732 shares
Previously overstated as withheld; corrected in this amendment
Key Terms
restricted stock units, tax liability, Form 4, tax-withholding disposition
4 terms
restricted stock units financial
"Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 20, 2026."
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 liability financial
"Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 20, 2026."
Form 4 regulatory
"Due to a clerical error, an additional 3,732 shares were incorrectly disclosed as withheld in the prior Form 4 regarding the amount necessary to satisfy tax liability"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Yext (YEXT) report for General Counsel Shin Ho?
Yext reported an amended Form 4 for General Counsel Shin Ho, showing 30,448 common shares withheld on March 20, 2026 to cover tax liability from restricted stock unit vesting, at a price of $4.79 per share.
Why did Yext (YEXT) file an amended Form 4 for Shin Ho?
The amendment corrects a clerical error in a prior Form 4 that overstated tax-withheld shares by 3,732. It now reflects the accurate number of shares withheld to satisfy Ho’s tax liability upon restricted stock unit vesting on March 20, 2026.
What error did the prior Yext (YEXT) Form 4 contain for Shin Ho?
The prior Form 4 incorrectly disclosed 3,732 additional shares as withheld for taxes. The amended filing explains this clerical error and clarifies that the correct number of withheld shares is 30,448, reflecting 3,732 fewer shares than previously reported.