YNDX insider files to sell 6,700 Class A shares via UBS (Sept 3, 2025)
Rhea-AI Filing Summary
Yandex N.V. (YNDX) notice reports a proposed sale of 6,700 Class A Ordinary shares through UBS Financial Services on 09/03/2025 with an aggregate market value of $448,096. The filing states there are 203,006,418 Class A shares outstanding.
The shares were acquired on 01/03/2025 as compensation from the issuer and fully paid on that date. The filer reports no securities sold in the past three months and provides the standard representation about absence of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider proposes a routine sale of 6,700 shares worth $448k; size is immaterial relative to outstanding shares.
The filing documents a proposed sale executed through UBS on 09/03/2025. Acquisition was recent (01/03/2025) and was compensation from the issuer. The sale amount (6,700 shares; $448,096) represents approximately 0.0033% of the reported 203,006,418 shares outstanding, indicating the transaction is small in scale and unlikely to meaningfully affect supply-demand dynamics or valuation metrics.
TL;DR: Disclosure meets Rule 144 reporting requirements; provides standard attestations and broker details.
The form identifies the broker (UBS Financial Services) and includes the required statement that the seller is not aware of undisclosed material adverse information. The filing shows the securities were obtained as compensation and fully paid, and no prior sales in the past three months are reported. This appears to be a routine, compliant Rule 144 notice without governance red flags disclosed in the text.