Yext (YEXT) director exercises 27,131 RSUs and receives 43,209-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yext, Inc. director Mark Steven Davis reported equity award activity, with no open-market buying or selling. On June 11, 2026, he exercised 27,131 restricted stock units for 27,131 shares of common stock, bringing his direct common stock holdings to 89,631 shares.
These units had fully vested on June 11, 2026. A separate grant on June 10, 2026 awarded 43,209 restricted stock units, which are scheduled to vest 100% on June 10, 2027, subject to continued service. Footnotes also note 20,834 shares of restricted stock set to vest on June 12, 2027, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,131 shares exercised/converted
Mixed
3 txns
Insider
Davis Mark Steven
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 27,131 | $0.00 | -- |
| Exercise | Common Stock | 27,131 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 43,209 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 89,631 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s (the "Company") common stock. Includes 20,834 shares of restricted stock, which vest on June 12, 2027, subject to Reporting Person's continued service to Company on such date. 100% of the shares subject to the award vest on June 10, 2027, subject to the Reporting Person's continued service to the Company on such date. 100% of the shares subject to the award vested on June 11, 2026.
Key Figures
RSUs exercised: 27,131 shares
Common shares held after: 89,631 shares
New RSU grant: 43,209 units
+3 more
6 metrics
RSUs exercised
27,131 shares
Restricted stock units converted to common stock on June 11, 2026
Common shares held after
89,631 shares
Direct common stock position after June 11, 2026 exercise
New RSU grant
43,209 units
Restricted stock units granted on June 10, 2026
Future RSU vesting
43,209 shares
Award vests 100% on June 10, 2027, subject to continued service
Future restricted stock vesting
20,834 shares
Restricted stock scheduled to vest on June 12, 2027, if service continues
Vested RSUs
27,131 shares
100% of this award vested on June 11, 2026
Key Terms
Restricted Stock Unit, contingent right, continued service, vest
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock."
continued service financial
"Includes 20,834 shares of restricted stock, which vest on June 12, 2027, subject to Reporting Person's continued service to Company on such date."
vest financial
"100% of the shares subject to the award vest on June 10, 2027, subject to the Reporting Person's continued service to the Company on such date."
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.
FAQ
What insider transactions did Yext (YEXT) director Mark Steven Davis report?
Mark Steven Davis reported equity award activity, not market trades. He exercised 27,131 restricted stock units into common stock and received a grant of 43,209 new restricted stock units, all with a stated price per unit of $0.00.
What new restricted stock units did Yext (YEXT) grant to Mark Steven Davis?
On June 10, 2026, Yext granted Mark Steven Davis 43,209 restricted stock units. Each unit represents a contingent right to receive one share of common stock, and 100% of this award is scheduled to vest on June 10, 2027, subject to continued service.
When do Mark Steven Davis’s Yext (YEXT) restricted stock and RSUs vest?
One award of 43,209 restricted stock units is scheduled to vest 100% on June 10, 2027. Footnotes also state that 20,834 restricted shares vest on June 12, 2027, while 27,131 restricted stock units vested in full on June 11, 2026.
Did the Yext (YEXT) Form 4 show any stock sales or open-market purchases?
The Form 4 shows no open-market purchases or sales. It reports an exercise of 27,131 restricted stock units into common shares and a grant of 43,209 new restricted stock units, all at a stated transaction price per share of $0.00.