Yext (NYSE: YEXT) CAO exercises 6,075 RSUs; 3,001 shares used for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yext, Inc. Chief Accounting Officer Allan Tang exercised 6,075 restricted stock units into common shares, and 3,001 shares were withheld at $3.80 per share to cover tax obligations. Following these compensation-related transactions, he holds 10,922 shares of common stock directly and 66,825 restricted stock units that continue to vest through March 20, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,075 shares exercised/converted
Mixed
3 txns
Insider
Tang Allan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,075 | $0.00 | -- |
| Exercise | Common Stock | 6,075 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,001 | $3.80 | $11K |
Holdings After Transaction:
Restricted Stock Unit — 66,825 shares (Direct, null);
Common Stock — 13,923 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock. Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 20, 2026. 27,100 of these restricted stock units vested on March 20, 2026, and 6,075 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 exercised: 6,075 shares
Shares withheld for taxes: 3,001 shares at $3.80
Common shares held: 10,922 shares
+3 more
6 metrics
RSUs exercised
6,075 shares
Restricted stock units converted into common stock on June 20, 2026
Shares withheld for taxes
3,001 shares at $3.80
Withheld to satisfy tax liability upon RSU vesting on June 20, 2026
Common shares held
10,922 shares
Direct common stock ownership after reported transactions
RSUs outstanding
66,825 units
Restricted stock units remaining after derivative transaction
Initial vesting tranche
27,100 RSUs
Vested on March 20, 2026 under the award schedule
Quarterly vesting amount
6,075 RSUs
Vest each quarter until final vesting on March 20, 2029
Key Terms
Restricted Stock Unit, tax liability, derivative security, vesting
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.
tax liability financial
"Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 20, 2026."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"27,100 of these restricted stock units vested on March 20, 2026, and 6,075 vest quarterly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Yext (YEXT) report for Allan Tang on this Form 4?
Yext reported that Chief Accounting Officer Allan Tang exercised 6,075 restricted stock units into common stock, while 3,001 shares were withheld to satisfy tax liabilities. These transactions are compensation-related, not open-market purchases or sales.
Were Allan Tang’s Yext (YEXT) Form 4 transactions open-market buys or sells?
The transactions were not open-market trades. Shares were acquired through exercising restricted stock units and 3,001 shares were disposed of solely to cover tax liabilities associated with vesting, a common non-discretionary mechanism for equity compensation.
What is the vesting schedule for Allan Tang’s Yext (YEXT) restricted stock units?
According to the footnotes, 27,100 restricted stock units vested on March 20, 2026. An additional 6,075 units 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.