Yext director settles 27,131 RSUs into shares
Yext, Inc. director Jesse Lipson exercised restricted stock units into 27,131 shares of common stock on June 10, 2026, as part of his equity compensation.
Rhea-AI Filing Summary
Yext, Inc. director Jesse Lipson exercised restricted stock units into 27,131 shares of common stock on June 10, 2026, as part of his equity compensation. Following this settlement, he directly holds 460,219 shares of Yext common stock.
The RSUs represented a right to receive one share of common stock each. Footnotes explain that the total includes 21,834 vested but deferred RSUs, which were settled when his term as director expired at the 2026 Annual Stockholder Meeting. The company also accelerated the vesting of his remaining unvested RSUs immediately before his term ended, rather than the original June 11, 2026 vesting date. No open‑market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,131 shares exercised/converted
Exercise
2 txns
Insider
Lipson Jesse
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 27,131 | $0.00 | $0.00 |
| Exercise | Common Stock | 27,131 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 460,219 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s (the "Company") common stock.
- F2. Includes 21,834 vested but deferred restricted stock units, which were settled on June 10, 2026 upon the expiration of Mr. Lipson's term as director.
- F3. 100% of the shares subject to the award was to vest on June 11, 2026, subject to the Reporting Person's continued service to the Company on such date. Mr. Lipson's term as a director of the Company had expired at the 2026 Annual Stockholder Meeting, and he did not stand for re-election. The Company has accelerated the vesting of his unvested RSUs as of immediately prior to the expiration of his term on June 10, 2026.
Key Figures
RSUs exercised: 27,131 shares
Shares held after transaction: 460,219 shares
Vested but deferred RSUs settled: 21,834 units
+1 more
4 metrics
RSUs exercised
27,131 shares
Restricted stock units settled into common stock on June 10, 2026
Shares held after transaction
460,219 shares
Direct Yext common stock holdings after Form 4 transactions
Vested but deferred RSUs settled
21,834 units
Vested but deferred RSUs settled on June 10, 2026 upon term expiration
RSU vesting date before acceleration
June 11, 2026
Original full vesting date for the RSU award before acceleration
Key Terms
Restricted Stock Unit, vested but deferred restricted stock units, accelerated the vesting, Annual Stockholder Meeting
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.
vested but deferred restricted stock units financial
"Includes 21,834 vested but deferred restricted stock units, which were settled on June 10, 2026 upon the expiration of Mr. Lipson's term as director."
accelerated the vesting financial
"The Company has accelerated the vesting of his unvested RSUs as of immediately prior to the expiration of his term on June 10, 2026."
Annual Stockholder Meeting financial
"Mr. Lipson's term as a director of the Company had expired at the 2026 Annual Stockholder Meeting, and he did not stand for re-election."
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Yext (YEXT) director Jesse Lipson report in this Form 4?
Jesse Lipson reported the exercise of restricted stock units into 27,131 shares of Yext common stock. These transactions reflect equity compensation settlement, not open-market buying or selling, and increased his directly held common stock position.
Were the Yext (YEXT) transactions open-market buys or sells by Jesse Lipson?
The filing shows no open-market purchases or sales by Jesse Lipson. Instead, it records the exercise and settlement of restricted stock units into common shares as part of his compensation package near the end of his board service.
What are the key details of Jesse Lipson’s restricted stock units at Yext (YEXT)?
Each restricted stock unit entitled Jesse Lipson to one share of Yext common stock. Footnotes note 21,834 vested but deferred RSUs were settled June 10, 2026, and remaining unvested RSUs were fully vested immediately before his director term expired.
Why was vesting of Jesse Lipson’s Yext (YEXT) RSUs accelerated?
The company accelerated vesting because Jesse Lipson’s term as a director expired at the 2026 Annual Stockholder Meeting and he did not stand for re-election. His unvested RSUs vested immediately before his term ended, rather than on June 11, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
