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[Form 4] Yext, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Yext CFO Darryl Bond reported significant insider transactions on June 20, 2025, involving multiple Restricted Stock Unit (RSU) vestings and a subsequent share disposition:

Key transactions include:

  • Acquisition of 363,706 shares through the vesting of six separate RSU grants
  • Disposition of 185,675 shares at $8.08 per share for tax withholding purposes
  • Net beneficial ownership increased to 605,826 shares following all transactions

Notable vesting events included a 150,000-share RSU grant that fully vested and a 167,143-share RSU grant with five-sevenths vesting. Bond retains several ongoing RSU grants with continued vesting through 2027, including remaining balances of 112,500 shares and 66,857 shares subject to continued service requirements.

Positive

  • None.

Negative

  • CFO Darryl Bond disposed of 185,675 shares (approximately $1.5M worth) through tax withholding, reducing total holdings from 791,501 to 605,826 shares
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*
Bond Darryl

(Last) (First) (Middle)
C/O YEXT, INC.
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial 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 3,125 A (1) 430,920 D
Common Stock 06/20/2025 M 2,500 A (1) 433,420 D
Common Stock 06/20/2025 M 37,500 A (1) 470,920 D
Common Stock 06/20/2025 M 3,438 A (1) 474,358 D
Common Stock 06/20/2025 M 150,000 A (1) 624,358 D
Common Stock 06/20/2025 M 167,143 A (1) 791,501 D
Common Stock 06/20/2025 F(2) 185,675 D $8.08 605,826 D
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 3,125 (3) (3) Common Stock 3,125 $0 0 D
Restricted Stock Unit (1) 06/20/2025 M 2,500 (4) (4) Common Stock 2,500 $0 2,500 D
Restricted Stock Unit (1) 06/20/2025 M 37,500 (5) (5) Common Stock 37,500 $0 112,500 D
Restricted Stock Unit (1) 06/20/2025 M 3,438 (6) (6) Common Stock 3,438 $0 27,500 D
Restricted Stock Unit (1) 06/20/2025 M 150,000 (7) (7) Common Stock 150,000 $0 0 D
Restricted Stock Unit (1) 06/20/2025 M 167,143 (8) (8) Common Stock 167,143 $0 66,857 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
2. Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 20, 2025.
3. One-sixteenth of shares subject to award vested on September 20, 2021 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20, until the award fully vested on June 20, 2025.
4. Shares subject to award vest on December 20, 2021 and vests quarterly thereafter on each of March 20, June 20, September 20 and December 20, in each case subject to the Reporting Person's continued service on each such date, until the award is fully vested on September 20, 2025. Forty percent of total shares subject to award vested in equal quarterly increments over the first four vesting dates, 30 percent of total shares subject to award vested in equal quarterly increments over the following four vesting dates, 20 percent of total shares subject to award vested in equal quarterly increments over the following four vesting dates, and 10 percent of total shares subject to award vest in equal quarterly increments over the final four vesting dates.
5. One-sixteenth of shares subject to award vested on June 20, 2022 and vests quarterly thereafter on each of September 20, December 20 and March 20 of each year, subject to the Reporting Person's continued service on each such date, until the award is fully vested on March 20, 2026.
6. One-sixteenth of shares subject to award vested on September 20, 2023 and vests quarterly thereafter on each December 20, March 20, June 20 and September 20, subject to the Reporting Person's continued service on each such date, until the award is fully vested on June 20, 2027.
7. 100% of the shares subject to award vested on June 20, 2025.
8. Five-sevenths of shares subject to award vested on June 20, 2025, one-seventh of the shares shall vest on September 20, 2025, and the remaining one-seventh of the shares shall vest on December 20, 2025, in each case subject to Reporting Person's continued service on each such date.
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).
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.

FAQ

How many YEXT shares did CFO Darryl Bond acquire on June 20, 2025?

On June 20, 2025, CFO Darryl Bond acquired a total of 363,706 shares through multiple RSU vestings (3,125 + 2,500 + 37,500 + 3,438 + 150,000 + 167,143 shares). However, 185,675 shares were withheld for tax purposes, resulting in a net acquisition of 178,031 shares.

What was the price of YEXT shares withheld for tax purposes in the June 2025 transaction?

The shares withheld for tax purposes were valued at $8.08 per share, as indicated in Table I of the Form 4 filing under the tax withholding transaction (code F).

How many YEXT shares does CFO Darryl Bond own after the June 20, 2025 transactions?

After all transactions on June 20, 2025, Darryl Bond directly owned 605,826 shares of YEXT common stock, as reported in the final row of Table I under column 5.

What is the vesting schedule for YEXT CFO's remaining 66,857 RSU shares?

The remaining 66,857 RSU shares will vest in two equal portions: one-seventh of the original grant will vest on September 20, 2025, and the final one-seventh will vest on December 20, 2025, subject to the CFO's continued service.
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1.04B
99.84M
8.49%
75.69%
1.97%
Software - Infrastructure
Services-computer Processing & Data Preparation
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United States
NEW YORK