Yext, Inc. ownership filing: Lynrock Lake LP, Lynrock Lake Partners LLC and Cynthia Paul report beneficial ownership of 18,188,607 shares of Yext common stock, representing 18.4% as of March 31, 2026. The filing states the share count is based on 123,345,128 shares outstanding as of February 23, 2026, less 24,347,826 shares repurchased pursuant to a tender offer. The shares are held directly by Lynrock Lake Master Fund LP; Lynrock Lake LP serves as investment manager with delegated voting and investment power, and Cynthia Paul may be deemed to exercise those powers as Chief Investment Officer and sole member of the relevant entities.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed with delegated voting via an investment manager.
The filing documents a 18.4% beneficial position held through Lynrock Lake Master Fund LP with voting and dispositive authority delegated to Lynrock Lake LP under an investment management agreement. The structure places economic ownership in the master fund while voting control is reported by the manager and Cynthia Paul.
Key dependencies include any feeder‑fund rights referenced and ongoing tender offer effects; subsequent filings may clarify changes in outstanding share counts or voting arrangements.
Key Figures
Shares beneficially owned:18,188,607 sharesPercent of class:18.4%Shares outstanding referenced:123,345,128 shares+1 more
4 metrics
Shares beneficially owned18,188,607 sharesAmount beneficially owned as of March 31, 2026
Percent of class18.4%Percent of common stock as of March 31, 2026
Shares outstanding referenced123,345,128 sharesOutstanding shares as of February 23, 2026 used in calculation
Shares repurchased24,347,826 sharesRepurchased pursuant to issuer tender offer, referenced in calculation
Key Terms
Schedule 13G/A, beneficially owned, sole voting power, investment manager
4 terms
Schedule 13G/Aregulatory
"This is being filed by (i) Lynrock Lake LP, (ii) Lynrock Lake Partners"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedfinancial
"Amount beneficially owned as of March 31, 2026: Lynrock Lake LP - 18,188,607"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powercorporate
"Sole Voting Power 18,188,607.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
investment managercorporate
"Lynrock Lake LP (the "Investment Manager") is the investment manager of Lynrock Lake Master"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 6)
Yext, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
98585N106
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
98585N106
1
Names of Reporting Persons
Lynrock Lake LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
18,188,607.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
18,188,607.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
18,188,607.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
18.4 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
98585N106
1
Names of Reporting Persons
LYNROCK LAKE PARTNERS LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
18,188,607.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
18,188,607.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
18,188,607.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
18.4 %
12
Type of Reporting Person (See Instructions)
OO, HC
SCHEDULE 13G
CUSIP Number(s):
98585N106
1
Names of Reporting Persons
Paul Cynthia
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
18,188,607.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
18,188,607.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
18,188,607.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
18.4 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Yext, Inc.
(b)
Address of issuer's principal executive offices:
61 Ninth Avenue, New York, New York, 10011
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed by (i) Lynrock Lake LP, (ii) Lynrock Lake Partners LLC, and (iii) Cynthia Paul (collectively, the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The principal business address of the Reporting Persons is 2 International Drive, Suite 130, Rye Brook, NY 10573.
(c)
Citizenship:
(i) Lynrock Lake LP is a Delaware limited partnership, (ii) Lynrock Lake Partners LLC is a Delaware limited liability company, and (iii) Cynthia Paul is an individual and is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP No.:
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Amount beneficially owned as of March 31, 2026:
Lynrock Lake LP - 18,188,607
Lynrock Lake Partners LLC - 18,188,607
Cynthia Paul - 18,188,607
(b)
Percent of class:
Percent of class as of March 31, 2026:
Lynrock Lake LP - 18.4%
Lynrock Lake Partners LLC - 18.4%
Cynthia Paul - 18.4%
Based on 123,345,128 shares of Common Stock, par value $0.001 per share ("Common Stock"), of Yext, Inc. (the "Issuer") outstanding as of February 23, 2026, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 10, 2026, minus 24,347,826 shares of Common Stock repurchased by the Issuer pursuant to its tender offer, as reported in the Issuer's Schedule TO-I/A filed with the SEC on March 20, 2026.
The shares of the Issuer's Common Stock are held directly by Lynrock Lake Master Fund LP ("Lynrock Lake Master"). Lynrock Lake LP (the "Investment Manager") is the investment manager of Lynrock Lake Master, and pursuant to an investment management agreement, the Investment Manager has been delegated full voting and investment power over securities of the Issuer held by Lynrock Lake Master. Cynthia Paul, the Chief Investment Officer of the Investment Manager and Sole Member of Lynrock Lake Partners LLC, the general partner of the Investment Manager, may be deemed to exercise voting and investment power over securities of the Issuer held by Lynrock Lake Master.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of March 31, 2026, the Reporting Persons had sole power to vote or to direct the vote of 18,188,607 shares of Common Stock.
(ii) Shared power to vote or to direct the vote:
As of March 31, 2026, the Reporting Persons had shared power to vote or to direct the vote of 0 shares of Common Stock.
(iii) Sole power to dispose or to direct the disposition of:
As of March 31, 2026, the Reporting Persons had sole power to dispose or to direct the disposition of 18,188,607 shares of Common Stock.
(iv) Shared power to dispose or to direct the disposition of:
As of March 31, 2026, the Reporting Persons had shared power to dispose or to direct the disposition of 0 shares of Common Stock.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
As disclosed in Item 4 of this Schedule 13G, as of March 31, 2026, Lynrock Lake Master directly held 18,188,607 shares of the Issuer's Common Stock. Certain feeder funds that invest in Lynrock Lake Master may have the right to receive dividends from, or the proceeds from the sale of, the securities directly held by Lynrock Lake Master.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
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.
Lynrock Lake LP
Signature:
/s/ Cynthia Paul
Name/Title:
Cynthia Paul / Sole Member of Lynrock Lake Partners LLC, its general partner
The filing reports 18,188,607 shares, equal to 18.4% of Yext common stock as of March 31, 2026. The count is based on 123,345,128 shares outstanding as of February 23, 2026 after reported repurchases.
Who holds voting power over the shares reported in the YEXT filing?
Lynrock Lake LP is the investment manager delegated full voting and investment power over the shares held by Lynrock Lake Master Fund LP; Cynthia Paul may exercise those powers as CIO and sole member.
How was the percent ownership calculated in the filing for YEXT?
Percent ownership (18.4%) is calculated using 123,345,128 shares outstanding as of February 23, 2026, minus 24,347,826 shares repurchased in a tender offer, per the filing text.
Are the reported shares held directly or through another fund?
The filing states the shares are held directly by Lynrock Lake Master Fund LP. Lynrock Lake LP acts as manager with delegated powers over those holdings.
Does the filing identify other parties with rights to dividends or sale proceeds?
The filing notes certain feeder funds that invest in Lynrock Lake Master may have rights to dividends or sale proceeds; no specific feeder shareholders are named in the excerpt.
