Yext (YEXT) CEO details RSU vesting, tax share withholding and ownership
Rhea-AI Filing Summary
Yext, Inc.'s Chief Executive Officer and director reported an equity transaction involving restricted stock units. On December 20, 2025, 78,125 restricted stock units were converted into an equal number of shares of common stock. To cover tax liabilities from this vesting, 39,883 shares were withheld at a price of $8.33 per share.
After these transactions, the reporting person beneficially owns 3,415,117 shares of Yext common stock directly, plus additional shares held indirectly through several family trusts. The reporting person also holds 390,625 unvested restricted stock units. According to the vesting schedule, one-eighth of the award vests on June 20, 2025 and then quarterly on September 20, December 20, March 20 and June 20 until the award is fully vested on March 20, 2027, subject to continued service.
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FAQ
What insider transaction did Yext (YEXT) report in this Form 4?
The Chief Executive Officer of Yext, Inc. reported the vesting of 78,125 restricted stock units, which were converted into the same number of common shares on December 20, 2025.
How many Yext (YEXT) shares were withheld for taxes in this transaction?
In connection with the RSU vesting, 39,883 shares of Yext common stock were withheld to satisfy tax liabilities at a price of $8.33 per share.
How many Yext (YEXT) shares does the CEO own after the reported transaction?
Following the reported transactions, the CEO beneficially owns 3,415,117 shares of Yext common stock directly, plus additional shares held indirectly through several family trusts.
What indirect Yext (YEXT) holdings are reported for the CEO?
The filing reports indirect ownership of 32,485 shares in a trust for the reporting person's children, 16,265 shares in a trust where the spouse is trustee, and 16,237 shares in a separate family trust where the spouse is also trustee.
How many Yext (YEXT) restricted stock units does the CEO still hold?
After the reported vesting, the CEO continues to hold 390,625 restricted stock units, each representing a contingent right to receive one share of Yext common stock.
What is the vesting schedule for the reported Yext (YEXT) RSU award?
One-eighth of the shares subject to the award vests on June 20, 2025, and additional portions vest quarterly on September 20, December 20, March 20, and June 20, subject to continued service, until the award is fully vested on March 20, 2027.
What does each Yext (YEXT) restricted stock unit represent in this filing?
Each restricted stock unit reported represents a contingent right to receive one share of Yext, Inc.'s common stock upon vesting.