Yext (YEXT) General Counsel exercises RSUs as shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yext, Inc. General Counsel Shin Ho reported routine equity compensation activity involving restricted stock units. On June 20, 2026, Ho exercised awards covering 37,188 shares of common stock through RSU conversions, and 18,661 shares were withheld at $3.80 per share to cover tax liabilities upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
37,188 shares exercised/converted
Mixed
5 txns
Insider
Shin Ho
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 14,063 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 23,125 | $0.00 | -- |
| Exercise | Common Stock | 14,063 | $0.00 | -- |
| Exercise | Common Stock | 23,125 | $0.00 | -- |
| Tax Withholding | Common Stock | 18,661 | $3.80 | $71K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 314,805 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. One-sixteenth of shares subject to award vested on September 20, 2022 and vested quarterly thereafter on each of December 20, March 20, June 20 and September 20 and in each case subject to the reporting person's continued service on each such date, until the award fully vested on June 20, 2026. One-eighth of shares subject to the award shall vest on March 20, 2026, and quarterly thereafter on each June 20, September 20, December 20, and March 20, subject to the reporting person's continued service on each such date, until the award is fully vested on December 20, 2027.
Key Figures
RSUs converted (block 1): 23,125 shares
RSUs converted (block 2): 14,063 shares
Total RSU-derived shares: 37,188 shares
+2 more
5 metrics
RSUs converted (block 1)
23,125 shares
Restricted stock units converting into common stock on June 20, 2026
RSUs converted (block 2)
14,063 shares
Restricted stock units converting into common stock on June 20, 2026
Total RSU-derived shares
37,188 shares
ExerciseShares in transaction summary for RSU conversions
Tax withholding shares
18,661 shares
Shares withheld to satisfy tax liability on June 20, 2026
Withholding price
$3.80 per share
Price used for tax-withholding disposition of common stock
Key Terms
Restricted Stock Unit, tax liability, vesting, derivative security
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."
vesting financial
"One-sixteenth of shares subject to award vested on September 20, 2022 and vested 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.
derivative security financial
"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.
FAQ
What insider transactions did Yext (YEXT) General Counsel Shin Ho report?
Shin Ho reported routine equity compensation events, exercising restricted stock units into common shares and having a portion of shares withheld to cover tax liabilities upon vesting. These were not open-market purchases or sales, but standard stock-based compensation mechanics.
Were Yext (YEXT) insider transactions open-market buys or sells?
No open-market buys or sells were reported. The filing shows derivative exercises (code M) converting restricted stock units into common shares and a tax-withholding disposition (code F). These reflect compensation vesting and tax payments, not discretionary trading in the open market.
What do the restricted stock unit awards mean for Yext (YEXT) insider ownership?
Each restricted stock unit represents a contingent right to one Yext common share. As units vest on specified dates tied to continued service, they convert into shares. This structure gradually increases the insider’s shareholdings while aligning compensation with ongoing employment at the company.
How were Yext (YEXT) General Counsel RSUs scheduled to vest?
One RSU award vested one-sixteenth on September 20, 2022 and then quarterly through June 20, 2026, while a separate award vests one-eighth on March 20, 2026 and continues quarterly until December 20, 2027, conditioned on the General Counsel’s continued service on each vesting date.