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Yext (YEXT) director Andrew Sheehan awarded 43,209 RSUs for board service

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SHEEHAN ANDREW T reported acquisition or exercise transactions in this Form 4 filing.

Yext, Inc. director Andrew T. Sheehan reported a compensation-related equity award. He received an annual grant of 43,209 restricted stock units of common stock for board service, awarded for no cash consideration. All shares subject to the award are scheduled to vest on June 10, 2027, contingent on his continued service. Following this grant, he holds 199,583 common shares directly, and additional shares are held indirectly through Tippet Venture Partners limited partnerships and a trust, where he disclaims beneficial ownership beyond his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider SHEEHAN ANDREW T
Role null
Type Security Shares Price Value
Grant/Award Common Stock 43,209 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 199,583 shares (Direct, null); Common Stock — 1,000,000 shares (Indirect, By Ltd Partnership (TVP II))
Footnotes (1)
  1. Annual grant in connection with service on the Board of Directors of the Issuer. The shares represent restricted stock units that were received as an award, for no consideration. 100% of the shares subject to award shall vest on June 10, 2027, subject to the reporting person's continued service to the Issuer on such date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Shares held by Tippet Venture Partners II, L.P. of which the reporting person is the managing director of the general partner of Tippet Venture Partners II, L.P. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein. Shares held by Tippet Venture Partners, L.P. of which the reporting person is the managing director of the general partner of Tippet Venture Partners, L.P. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein. Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
RSU grant size 43,209 shares Annual Board grant of restricted stock units, awarded for no consideration
Direct holdings after grant 199,583 shares Common stock directly owned by Andrew T. Sheehan after the award
TVP II indirect holdings 1,000,000 shares Common stock held by Tippet Venture Partners II, L.P., with disclaimed beneficial ownership except pecuniary interest
TVP indirect holdings 447,048 shares Common stock held by Tippet Venture Partners, L.P., with disclaimed beneficial ownership except pecuniary interest
Trust indirect holdings 306,744 shares Common stock held by a trust where Sheehan is trustee, with beneficial ownership disclaimed except pecuniary interest
restricted stock units financial
"The shares represent restricted stock units that were received as an award, for no consideration."
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.
pecuniary interest financial
"The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein."
disclaims beneficial ownership financial
"The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein."
Board of Directors financial
"Annual grant in connection with service on the Board of Directors of the Issuer."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
trustee financial
"Shares held by a trust of which the reporting person is a trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
SHEEHAN ANDREW T
(Last)(First)(Middle)
755 PAGE MILL ROAD, SUITE A-200
(Street)
PALO ALTO CALIFORNIA 94304-1005
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Yext, Inc. [ YEXT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A43,209(1)A$0(1)199,583D
Common Stock1,000,000IBy Ltd Partnership (TVP II)(2)
Common Stock447,048IBy Ltd Partnership(3)
Common Stock306,744IBy Trust(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Annual grant in connection with service on the Board of Directors of the Issuer. The shares represent restricted stock units that were received as an award, for no consideration. 100% of the shares subject to award shall vest on June 10, 2027, subject to the reporting person's continued service to the Issuer on such date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
2. Shares held by Tippet Venture Partners II, L.P. of which the reporting person is the managing director of the general partner of Tippet Venture Partners II, L.P. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
3. Shares held by Tippet Venture Partners, L.P. of which the reporting person is the managing director of the general partner of Tippet Venture Partners, L.P. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
4. Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
Remarks:
/s/ Ho Shin, Attorney-in-Fact06/12/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Yext (YEXT) director Andrew T. Sheehan report on this Form 4?

Andrew T. Sheehan reported receiving an annual equity award of restricted stock units as compensation for serving on Yext’s Board. The filing also updates his direct and indirect common stock holdings, including shares held via partnerships and a trust with limited beneficial ownership.

How many Yext (YEXT) shares were granted to Andrew T. Sheehan?

Andrew T. Sheehan was granted 43,209 restricted stock units of Yext common stock. The award was received for no cash consideration and represents a stock-based compensation grant tied to his ongoing service on the company’s Board of Directors.

When do Andrew T. Sheehan’s new Yext restricted stock units vest?

All of Andrew T. Sheehan’s newly granted restricted stock units are scheduled to vest on June 10, 2027. Vesting is contingent on his continued service to Yext through that date, after which each unit converts into one share of common stock.

How many Yext shares does Andrew T. Sheehan hold directly after this grant?

After the reported grant, Andrew T. Sheehan directly holds 199,583 shares of Yext common stock. This figure reflects his direct ownership only and is reported alongside separate indirect holdings through investment partnerships and a trust.

What indirect Yext (YEXT) holdings are associated with Andrew T. Sheehan?

Indirect holdings include shares held by Tippet Venture Partners II, L.P., Tippet Venture Partners, L.P., and a trust. Sheehan is affiliated with these entities but disclaims beneficial ownership in the shares except for any pecuniary interest he may have.

Was Andrew T. Sheehan’s Yext equity award a market purchase or compensation grant?

The Form 4 describes the transaction as an annual grant of restricted stock units for Board service, received for no consideration. This characterizes it as a compensation-related equity award, not an open-market purchase or sale of Yext shares.