Yext (YEXT) CEO exercises 390,625 PSUs/RSUs and receives new share grant

Rhea-AI Filing Summary

Yext, Inc. Chief Executive Officer Michael Walrath reported multiple stock-based compensation events on March 20, 2026. He exercised restricted stock units and performance-based restricted stock units to acquire a total of 390,625 shares of common stock at an exercise price of $0.00 per share. He also received a separate grant of 54,571 shares of common stock as compensation. To cover related tax obligations, 211,729 shares of common stock were withheld at $4.79 per share. Following these transactions, Walrath directly held 3,648,584 shares of Yext common stock, in addition to indirect holdings through family trusts.

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^*

Walrath Michael

(Last) (First) (Middle)

61 NINTH AVENUE

(Street)

NEW YORK NEW YORK 10011

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		M		78,125	A	(1)	3,493,242	D
Common Stock	03/20/2026		M		312,500(2)	A	(3)	3,805,742	D
Common Stock	03/20/2026		A		54,571(2)	A	(3)	3,860,313	D
Common Stock	03/20/2026		F(4)		211,729	D	$4.79	3,648,584	D
Common Stock								32,485	I	See footnote(5)
Common Stock								16,265	I	See footnote(6)
Common Stock								16,237	I	See footnote(7)

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)	03/20/2026		M			78,125	(8)	(8)	Common Stock	78,125	$0	312,500	D
Performance-Based Restricted Stock Unit	(3)	03/20/2026		M			312,500	(2)	(2)	Common Stock	312,500	$0	312,500	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Yext, Inc.'s (the "Company") common stock.

2. A target of 625,000 performance-based RSUs ("PSUs") become eligible to vest based upon achievement of a combination of performance as measured using a measurement in growth of the Company's reported ARR and a "Rule of 40" summation of the percentage growth in the reported ARR and Adjusted EBITDA Margins over each of fiscal 2026 and fiscal 2027 (each, a "Performance Period"). 50% of the total target PSUs will be eligible to be earned in each Performance Period, and the maximum number of PSUs that may become eligible to vest in connection with achievement in excess of the target shall be no more than 250% of the target PSUs. The PSUs that become eligible to vest with respect to a Performance Period will vest on March 20 following the end of that Performance Period, subject to reporting person's continued service through that date. For the first Performance Period, 367,071 PSUs vested on March 20, 2026 based on achievement of approximately 117.46% performance for 312,500 target PSUs.

3. Each PSU represents a contingent right to receive one share of the Company's common stock.

4. Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 20, 2026.

5. Securities are held by a trust the beneficiaries of which are the Reporting Person's children.

6. Securities are held by a trust of which the Reporting Person's spouse is the trustee and the beneficiaries of which are certain family members of the Reporting Person.

7. Securities are held by a trust, separate from the trust referenced in footnote 6, of which the Reporting Person's spouse is the trustee and the beneficiaries of which are certain family members of the Reporting Person.

8. One-eighth of shares subject to the award vested on June 20, 2025 and vests quarterly thereafter on each September 20, December 20, March 20 and June 20, subject to the reporting person's continued service on each such date, until the award is fully vested on March 20, 2027.

Remarks:

	/s/ Ho Shin, Attorney-in-Fact	03/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Yext (YEXT) CEO Michael Walrath report in this Form 4?

Yext CEO Michael Walrath reported exercising restricted and performance-based stock units into 390,625 common shares, receiving an additional 54,571-share grant, and having 211,729 shares withheld to satisfy tax obligations related to these awards, all on March 20, 2026.

How many Yext (YEXT) shares did the CEO acquire through award exercises?

Michael Walrath acquired 390,625 Yext common shares by exercising restricted stock units and performance-based restricted stock units at an exercise price of $0.00 per share, converting these equity awards into direct share ownership on March 20, 2026.

What new stock grant did the Yext (YEXT) CEO receive?

In addition to exercising prior awards, the Yext CEO received a new grant of 54,571 shares of common stock on March 20, 2026, recorded as a compensation-related award rather than an open-market purchase or sale transaction.

Were any Yext (YEXT) shares sold by the CEO in the open market?

No open-market sales were reported. Instead, 211,729 Yext shares were disposed of through withholding at $4.79 per share to satisfy tax liabilities associated with the vesting and exercise of stock-based awards on March 20, 2026.

How many Yext (YEXT) shares does the CEO hold after these transactions?

After these compensation-related transactions, Michael Walrath directly owned 3,648,584 shares of Yext common stock, with additional indirect holdings reported through family trusts that hold shares for his children and other family members.

What performance conditions applied to the Yext (YEXT) performance-based RSUs?

The performance-based RSUs vest based on growth in Yext’s annual recurring revenue and a “Rule of 40” metric. For the first performance period, 367,071 PSUs vested on March 20, 2026, reflecting approximately 117.46% performance on 312,500 target PSUs.