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1.87M RSU grant to Yatra Online (NASDAQ: YTRA) CEO ruled invalid

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gupta Siddhartha reported acquisition or exercise transactions in this Form 4 filing.

Yatra Online, Inc. reports that CEO and director Siddhartha Gupta was recorded as receiving a grant of 1,870,000 Restricted Stock Units effective August 5, 2026, scheduled to vest in four equal annual installments from November 24, 2026 through November 24, 2029, subject to continued employment.

A related note states the issuer determined this RSU grant to have been invalid due to an administrative error and that no actual shares underlying the grant were issued.

Positive

  • None.

Negative

  • None.
Insider Gupta Siddhartha
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Ordinary Shares F1, F2 1,870,000 $0.00 $0.00
Holdings After Transaction: Ordinary Shares — 1,870,000 shares (Direct)
Footnotes (2)
  1. F1. Restricted Stock Units were granted effective as of August 05, 2026, and shall vest in four equal annual instalments commencing on November 24, 2026, with the final vesting date being November 24, 2029 subject to the reporting person's continued employment with the issuer or its subsidiary through each vesting date.
  2. F2. A grant of 1,870,000 RSUs was determined by the issuer to have been invalid due to an administrative error. As such, this RSU was not deemed to have been granted and no actual shares underlying such grant were issued.
Reported RSU grant size 1,870,000 RSUs Restricted Stock Units tied to CEO Siddhartha Gupta, recorded effective August 5, 2026; issuer notes the grant was invalid and no shares were issued
Vesting installments 4 annual installments RSUs were scheduled to vest in four equal annual installments from November 24, 2026 through November 24, 2029
Grant effective date August 05, 2026 Effective date for the reported RSU grant to the CEO
Vesting start date November 24, 2026 First scheduled vesting date for the reported RSU grant
Final vesting date November 24, 2029 Final scheduled vesting date for the reported RSU grant
Per-share grant price 0.0000 per share Grant/award acquisition of Ordinary Shares via RSUs carried no purchase price
Restricted Stock Units financial
"Restricted Stock Units were granted effective as of August 05, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"A grant of 1,870,000 RSUs was determined by the issuer to have been invalid"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"and shall vest in four equal annual instalments commencing on November 24, 2026"
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.
administrative error financial
"determined by the issuer to have been invalid due to an administrative error"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Yatra Online (YTRA) report for CEO Siddhartha Gupta?

Yatra Online reported that CEO Siddhartha Gupta was recorded as receiving a grant of 1,870,000 Restricted Stock Units (RSUs) effective August 5, 2026. A footnote explains the issuer later determined this RSU grant to be invalid and that no shares were actually issued.

What was the vesting schedule for the reported RSU grant at Yatra Online (YTRA)?

The reported grant of 1,870,000 RSUs was scheduled to vest in four equal annual installments, starting on November 24, 2026, with the final vesting date on November 24, 2029, conditioned on Siddhartha Gupta’s continued employment with Yatra Online or its subsidiary through each vesting date.

Did the reported 1,870,000 RSU grant for Yatra Online (YTRA) CEO actually result in issued shares?

According to a footnote, the 1,870,000 RSU grant was determined by Yatra Online to have been invalid due to an administrative error. As a result, the RSU was not deemed granted and no actual shares underlying the grant were issued.

Was the Yatra Online (YTRA) CEO’s RSU entry reported under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox was not marked as an affirmative plan, indicating the reported RSU entry is not identified as made under a Rule 10b5-1 trading plan. No footnote describes any pre-arranged trading plan for this reported grant.

How does this Yatra Online (YTRA) Form 4 affect CEO Siddhartha Gupta’s share ownership?

The Form 4 shows a reported award of 1,870,000 RSUs, but a footnote states the grant was invalid and no underlying shares were issued. This indicates the recorded grant did not result in additional actual share ownership from this specific RSU entry.
SEC Form 4
FORM 4UNITED 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*
Gupta Siddhartha

(Last)(First)(Middle)
GULF ADIBA, PLOT NO. 272
4TH FLOOR, UDYOG VIHAR, PHASE-II

(Street)
HARYANA122008

(City)(State)(Zip)

INDIA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Yatra Online, Inc. [ YTRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares08/05/2026A1,870,000(1)A$01,870,000(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted Stock Units were granted effective as of August 05, 2026, and shall vest in four equal annual instalments commencing on November 24, 2026, with the final vesting date being November 24, 2029 subject to the reporting person's continued employment with the issuer or its subsidiary through each vesting date.
2. A grant of 1,870,000 RSUs was determined by the issuer to have been invalid due to an administrative error. As such, this RSU was not deemed to have been granted and no actual shares underlying such grant were issued.
/s/ Siddhartha Gupta08/06/2026
** Signature of Reporting PersonDate
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)