Yext CAO reports vesting of 6,075 RSUs
Yext’s chief accounting officer reported RSU vesting, tax-withholding share dispositions, and a remaining equity award vesting through 2029.
Rhea-AI Filing Summary
Yext, Inc. (YEXT) reported that Chief Accounting Officer Allan Tang had 6,075 restricted stock units vest and convert into common stock on September 20, 2026. Of the resulting shares, 3,011 were withheld to satisfy tax liability, and 60,750 restricted stock units remain directly held. No Rule 10b5-1 trading plan is reported. According to the vesting schedule, 27,100 restricted stock units are scheduled to vest on March 20, 2026, with 6,075 vesting quarterly thereafter through March 20, 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,075 shares exercised/converted
Exercise
3 txns
Insider
Tang Allan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3 | 6,075 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 6,075 | -- | -- |
| Tax Withholding | Common Stock F2 | 3,011 | $6.14 | $18K |
Holdings After Transaction:
Restricted Stock Unit — 60,750 contracts (Direct);
Common Stock — 13,986 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- F2. Shares withheld to satisfy tax liability upon vesting of restricted stock units on September 20, 2026.
- F3. 27,100 of these restricted stock units will vest on March 20, 2026, and 6,075 will vest quarterly thereafter on each of June 20, September 20, December 20 and March 20, in each case subject to Reporting Person's continued service on each such date, until the award is fully vested on March 20, 2029.
Key Figures
RSUs converted: 6,075 restricted stock units
Shares withheld for taxes: 3,011 shares
Tax withholding price: $6.14 per share
+3 more
6 metrics
RSUs converted
6,075 restricted stock units
Vested and converted into common stock on September 20, 2026
Shares withheld for taxes
3,011 shares
Withheld to satisfy tax liability upon RSU vesting
Tax withholding price
$6.14 per share
Price used for shares withheld to satisfy tax liability
RSUs remaining
60,750 restricted stock units
Directly held after the September 20, 2026 transactions
Scheduled vesting March 20, 2026
27,100 restricted stock units
Planned RSU vesting on March 20, 2026, subject to continued service
Quarterly vesting amount
6,075 restricted stock units
Scheduled to vest quarterly through March 20, 2029, subject to continued service
Key Terms
Restricted Stock Unit, tax liability, vest, continued service
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
tax liability financial
"Shares withheld to satisfy tax liability upon vesting of restricted"
vest financial
"restricted stock units will vest on March 20, 2026, and 6,075 will vest"
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.
continued service financial
"in each case subject to Reporting Person's continued service on each date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transaction did YEXT’s Chief Accounting Officer report on this Form 4?
Allan Tang reported that 6,075 restricted stock units vested and converted into an equal number of Yext common shares on September 20, 2026, with part of the resulting shares withheld to cover tax obligations.
Does YEXT’s Form 4 indicate transactions under a Rule 10b5-1 plan?
No. The document-level checkbox indicates no Rule 10b5-1 plan is reported, so the transactions are not affirmed as being made pursuant to a pre-arranged trading plan.
What is Allan Tang’s remaining restricted stock unit position in YEXT after these transactions?
After the September 20, 2026 vesting event, Allan Tang directly holds 60,750 restricted stock units, each representing a contingent right to receive one share of Yext common stock.
What future vesting schedule for YEXT restricted stock units is disclosed?
The filing discloses that 27,100 restricted stock units will vest on March 20, 2026, and 6,075 units will vest quarterly on June 20, September 20, December 20 and March 20 until the award is fully vested on March 20, 2029, subject to continued service.
What roles and security types are involved in this YEXT Form 4?
The reporting person is Allan Tang, Chief Accounting Officer of Yext, Inc. The transactions involve restricted stock units that convert into common stock, and a disposition of common shares withheld to satisfy tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
