ANDERSON FRED D 4

What Happened Fred D. Anderson, a director of Yelp Inc. (YELP), was granted 10,646 restricted stock units (transaction code A) on June 5, 2026. The Form 4 reports an acquisition price of $0.00 per share (aggregate $0) because this is an equity award, not a cash purchase. This is a compensation award to a director rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-06-05 (reported on Form 4 filed 2026-06-09). Filing appears timely (within the two-business-day window).
• Instrument and amount: 10,646 restricted stock units (RSUs); reported price $0.00; total $0 on the Form 4.
• Vesting: Footnote F1 — RSUs vest on the earlier of (a) one year from the grant date or (b) the date of Yelp’s next annual meeting of stockholders.
• Shares owned after transaction: Not disclosed in this Form 4.
• Transaction code: A = award/grant of securities.

Context RSUs are restricted awards that convert to shares only after vesting and typically serve as compensation for directors and employees. Because this is a grant (not a purchase or sale), it should be viewed as routine compensation disclosure rather than a direct buy or sell signal.