Lead Edge Capital (NYSE: YEXT) cuts holdings in tender, reports 7.9% stake

Rhea-AI Filing Summary

Lead Edge Capital filed an amended Schedule 13D updating its ownership in Yext, Inc. after the company’s recent tender offer. The filing shows Lead Edge funds now hold a combined 7,843,296 shares of Yext common stock, representing 7.9% of the 98,997,302 shares outstanding.

Fund V directly holds 2,518,405 shares (about 2.5%), Fund VI holds 2,432,999 shares (about 2.5%), and Lead Edge Public Fund holds 2,891,892 shares (about 2.9%). The amendment reflects sales into Yext’s modified Dutch auction tender, where Fund V, Fund VI and the Public Fund sold 1,589,005, 1,535,117 and 1,824,660 shares, respectively, at $5.75 per share back to the company.

Insights

Equity ownership analyst

Lead Edge trims Yext stake via tender, remains sizeable holder.

The amendment shows several Lead Edge funds selling Yext shares into the company’s modified Dutch auction at $5.75 per share. After these transactions, related entities report a combined 7,843,296 shares, or 7.9% of the common stock outstanding.

The filing details direct holdings by Fund V, Fund VI and the Public Fund, and explains that general partners and managing members may be deemed to share voting and dispositive power. This keeps Lead Edge a significant, though not controlling, shareholder. Future ownership updates would continue to appear in similar beneficial ownership reports.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

YEXT, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

98585N106

(CUSIP Number)

Elisa LeNoir
Lead Edge Capital, 96 Spring Street, 5th Floor
New York, NY, 10012
(212) 984-2421

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/23/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Capital V, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,518,405.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,518,405.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,518,405.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.5 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Capital Partners V, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,518,405.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,518,405.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,518,405.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.5 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Capital VI, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,432,999.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,432,999.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,432,999.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.5 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Capital Partners VI, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,432,999.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,432,999.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,432,999.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.5 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Public Fund, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,891,892.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,891,892.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,891,892.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.9 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Public Fund GP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,891,892.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,891,892.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,891,892.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.9 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Lead Edge Capital Management, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 7,843,296.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 7,843,296.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

7,843,296.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.9 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Mitchell Green

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 7,843,296.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 7,843,296.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

7,843,296.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.9 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Brian Neider

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 7,843,296.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 7,843,296.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

7,843,296.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.9 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

CUSIP Number(s): 98585N106

1

Name of reporting person

Nimay Mehta

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 7,843,296.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 7,843,296.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

7,843,296.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.9 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The percent of class was calculated based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.001 per share
(b)	Name of Issuer: YEXT, INC.
(c)	Address of Issuer's Principal Executive Offices: 61 Ninth Avenue, New York, NEW YORK , 10011.
Item 1 Comment: This Amendment No. 1 (this "Amendment") amends and supplements the Schedule 13D filed by the Reporting Persons on October 4, 2022, as amended from time to time (the "Schedule 13D") with respect to the shares of common stock, $0.001 par value per share ("Common Stock"), of Yext, Inc. (the "Issuer" or the "Company"). Except as specifically provided herein, this Amendment does not modify any of the information previously reported in the Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	The information set forth in rows 7 through 13 of the cover pages to this Amendment is incorporated by reference. The ownership percentages reported are based on 98,997,302 shares of Common Stock outstanding, which represents 123,345,128 shares of Common Stock as set forth in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2026, minus 24,347,826 shares of Common Stock accepted for purchase by the Issuer as reported in the Issuer's press release on March 20, 2026. Fund V directly holds 2,518,405 shares of Common Stock, which represents approximately 2.5% of the outstanding shares of Common Stock. Fund VI directly holds 2,432,999 shares of Common Stock, which represents approximately 2.5% of the outstanding shares of Common Stock. Public Fund directly holds 2,891,892 shares of Common Stock, which represents approximately 2.9% of the outstanding shares of Common Stock. Fund V GP is the general partner of Fund V and in that capacity may be deemed to have voting and dispositive power over the shares held by Fund V. Fund VI GP is the general partner of Fund VI and in that capacity may be deemed to have voting and dispositive power over the shares held by Fund VI. Public Fund GP is the general partner of Public Fund and in that capacity may be deemed to have voting and dispositive power over the shares held by Public Fund. The Lead Edge Funds are managed by Lead Edge Capital, and each of Mitchell Green, Nimay Mehta and Brian Neider serve as a managing member of Lead Edge Capital. By virtue of these relationships, each of Lead Edge Capital and Messrs. Green, Mehta and Neider may be deemed to have voting and dispositive power with respect to the shares of Common Stock owned directly by the Lead Edge Funds.
(b)	See Item 5(a) above.
(c)	Pursuant to the Company's "modified Dutch Auction" tender offer for shares of its common stock, which expired at 5:00 p.m., New York City time, on March 18, 2026, Fund V, Fund VI and Public Fund sold 1,589,005, 1,535,117 and 1,824,660 shares of Common Stock, respectively, to the Company at the offer price of $5.75 per share.
(d)	Not applicable.
(e)	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Lead Edge Capital V, LP

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Lead Edge Capital Partners V, LLC

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Lead Edge Capital VI, LP

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Lead Edge Capital Partners VI, LLC

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Lead Edge Public Fund, LP

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Lead Edge Public Fund GP, LLC

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Lead Edge Capital Management, LLC

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider, Principal
Date:	03/25/2026

Mitchell Green

Signature:	/s/ Mitchell Green
Name/Title:	Mitchell Green
Date:	03/25/2026

Brian Neider

Signature:	/s/ Brian Neider
Name/Title:	Brian Neider
Date:	03/25/2026

Nimay Mehta

Signature:	/s/ Nimay Mehta
Name/Title:	Nimay Mehta
Date:	03/25/2026

FAQ

What stake does Lead Edge Capital report in Yext (YEXT) in this Schedule 13D/A?

Lead Edge-related entities report beneficial ownership of 7,843,296 Yext shares, equal to about 7.9% of common stock outstanding. This percentage is based on 98,997,302 shares outstanding after Yext’s recent tender offer reduced the share count.

How many Yext (YEXT) shares do the individual Lead Edge funds hold?

Fund V holds 2,518,405 Yext shares (about 2.5% of the company), Fund VI holds 2,432,999 shares (about 2.5%), and the Lead Edge Public Fund holds 2,891,892 shares (about 2.9%), according to the amended beneficial ownership disclosure.

What tender offer transactions by Lead Edge are disclosed for Yext (YEXT)?

The filing states that Fund V, Fund VI and the Public Fund sold 1,589,005, 1,535,117 and 1,824,660 Yext shares, respectively. These sales were made to Yext in its modified Dutch auction tender offer at a purchase price of $5.75 per share.

How was the Yext (YEXT) ownership percentage calculated in this Schedule 13D/A?

Ownership percentages use 98,997,302 Yext shares outstanding. This figure reflects 123,345,128 shares from Yext’s Form 10-K minus 24,347,826 shares the company accepted for purchase in its March 2026 tender offer, as described in the filing.

Which entities may share voting and dispositive power over Yext (YEXT) shares?

The document explains that the general partners (Fund V GP, Fund VI GP, Public Fund GP) and Lead Edge Capital, along with Mitchell Green, Nimay Mehta and Brian Neider, may be deemed to share voting and dispositive power over shares held by the Lead Edge funds.

What type of security is covered in this Yext (YEXT) Schedule 13D/A amendment?

The amendment concerns Yext’s common stock, with a par value of $0.001 per share. It updates prior beneficial ownership information for Lead Edge entities and related individuals following participation in the company’s share repurchase tender offer.