[Form 4] Yext, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Michael Walrath, CEO and Director of Yext, reported significant insider transactions on June 20, 2025. The transactions involved both regular Restricted Stock Units (RSUs) and Performance-Based Restricted Stock Units (PSUs).

Key transaction details:

• Acquired 78,125 shares from RSUs and 391,875 shares from PSUs
• 230,654 shares were withheld for tax purposes at $8.08 per share
• Following transactions, Walrath directly owns 3,338,633 shares
• Maintains indirect ownership of 64,987 shares through various family trusts

Notable performance metrics: PSUs vested at 62.70% of target (391,875 of 625,000 units) for the first performance period (Dec 2023 - Mar 2025), with 233,125 PSUs forfeited. Remaining RSUs continue quarterly vesting through March 2027, subject to continued service.

Positive

• CEO Michael Walrath retains significant ownership with over 3.3 million shares directly held after transactions, demonstrating strong alignment with shareholders
• Performance-based RSUs achieved 62.7% of target based on Total Shareholder Return metrics, indicating positive stock performance relative to industry benchmark

Negative

• CEO disposed of 230,654 shares at $8.08 per share, though this was only for tax withholding purposes rather than an open market sale

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Walrath Michael

(Last) (First) (Middle)

61 NINTH AVENUE

(Street)

NEW YORK NY 10011

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Yext, Inc. [ YEXT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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	06/20/2025		M		78,125	A	(1)	3,177,412(2)	D
Common Stock	06/20/2025		M		391,875	A	(1)	3,569,287	D
Common Stock	06/20/2025		F(3)		230,654	D	$8.08	3,338,633	D
Common Stock								32,485	I	See footnote(4)
Common Stock								16,265	I	See footnote(5)
Common Stock								16,237	I	See footnote(6)

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
Restricted Stock Unit	(1)	06/20/2025		M			78,125	(7)	(7)	Common Stock	78,125	$0	546,875	D
Performance-Based Restricted Stock Unit	(8)	06/20/2025		M			391,875	(9)	(9)	Common Stock	391,875	$0	625,000	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s (the "Company") common stock.

2. Includes 2,034,769 shares previously held by a limited liability company over which the Reporting Person has sole voting and dispositive control that were transferred into a brokerage account held directly by the Reporting Person on April 22, 2025.

3. Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 20, 2025.

4. Securities are held by a trust the beneficiaries of which are the Reporting Person's children.

5. Securities are held by a trust of which the Reporting Person's spouse is the trustee and the beneficiaries of which are certain family members of the Reporting Person.

6. Securities are held by a trust, separate from the trust referenced in footnote 5, of which the Reporting Person's spouse is the trustee and the beneficiaries of which are certain family members of the Reporting Person.

7. One-eighth of shares subject to the award vested on June 20, 2025, and vests quarterly thereafter on each September 20, December 20, March 20 and June 20, subject to the Reporting Person's continued service on each such date, until the award is fully vested on March 20, 2027.

8. Each performance-based restricted stock unit, or PSU, represents a contingent right to receive one share of the Company's common stock.

9. A target number of 1,250,000 PSUs become eligible to vest based on the Company's total shareholder return ("Company TSR") during each of the following performance periods (each, a "Performance Period") relative to the total shareholder return of companies in the S&P Software and Services Select Index (the "Indexed Companies"): (i) December 19, 2023 to March 31, 2025; and (ii) December 19, 2023 to March 31, 2026. PSUs that become eligible to vest based on performance for a Performance Period vest on June 20 following the applicable Performance Period, subject to continued service to the Company through the vesting date. The total number of PSUs that will be eligible to vest range from 0% to 200% of the target number of PSUs. For the first Performance Period, 391,875 PSUs vested on June 20, 2025 based on performance of 62.70% of 625,000 target PSUs, and 233,125 PSUs were forfeited.

Remarks:

	/s/ Ho Shin, Attorney-in-Fact	06/23/2025
	** 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).
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FAQ

How many YEXT shares did CEO Michael Walrath acquire on June 20, 2025?

On June 20, 2025, Michael Walrath acquired a total of 470,000 shares through two transactions: 78,125 shares from vested RSUs and 391,875 shares from vested Performance-Based RSUs (PSUs). However, 230,654 shares were withheld for tax purposes, resulting in a net acquisition of 239,346 shares.

What is Michael Walrath's total YEXT stock ownership after the June 20, 2025 transactions?

After the transactions, Michael Walrath beneficially owns 3,403,620 shares total, consisting of 3,338,633 shares held directly and 64,987 shares held indirectly through various family trusts (32,485 + 16,265 + 16,237 shares in three separate trusts).

What was the performance achievement for YEXT's PSUs that vested in June 2025?

For the first Performance Period (December 19, 2023 to March 31, 2025), the PSUs achieved 62.70% of the target performance, resulting in 391,875 PSUs vesting (62.70% of 625,000 target PSUs). The remaining 233,125 PSUs for this period were forfeited.

What is the vesting schedule for YEXT CEO's remaining RSU grants?

The remaining RSUs vest quarterly, with one-eighth having vested on June 20, 2025, and continuing to vest each quarter on September 20, December 20, March 20, and June 20, subject to continued service. The final vesting date is scheduled for March 20, 2027.