Green Logan 4
Research Summary
AI-generated summary
Yelp Director Logan Green Receives 10,646-Share Award
What Happened
- Logan Green, a director of Yelp Inc. (YELP), received a grant of 10,646 restricted stock units (RSUs) on 2026-06-05. The Form 4 records the acquisition at $0.00 per share (award), so no purchase price is associated with this grant.
- This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (filed within the standard two business-day window).
- Shares granted: 10,646 RSUs; price recorded: $0.00 (award).
- Shares owned after transaction: not specified in the filing.
- Footnote: The RSUs vest on the earlier of (a) one year from the grant date or (b) the issuer’s next annual meeting of stockholders (see footnote F1).
- No 10b5-1 plan, tax-withholding, or immediate sale indicated in this filing.
Context
- RSU awards are compensation and typically vest over time; they do not represent an immediate cash outlay or an immediate sale. Vesting conditions determine when the director actually receives shares.
- Such awards are routine forms of director compensation and should not be read as a direct market buy or sell signal on their own.