Schwarzbach David A 4
4 · YELP INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Yelp (YELP) CFO David A. Schwarzbach Receives Award
What Happened
- David A. Schwarzbach, Chief Financial Officer of Yelp Inc., was granted/recorded an award of 24,231 shares (performance-based restricted stock units) on March 4, 2026. The shares were reported as acquired at $0.00 (award), so no cash was paid by the insider.
Key Details
- Transaction date: March 4, 2026; Form 4 filed: March 6, 2026 (appears timely).
- Transaction type/code: A — Grant/award (performance-based RSUs).
- Shares recorded: 24,231 RSUs acquired at $0.00 (total $0 cash outlay).
- Shares owned after transaction: not disclosed in this filing.
- Footnote summary: Originally granted Feb 7, 2025 covering 24,015 shares at target (0–200% possible payout). On March 4, 2026 the performance criteria were met, producing 24,231 RSUs eligible to vest. Vesting schedule: 31.25% on March 15, 2026, then 6.25% quarterly thereafter until fully vested, subject to continued service.
Context
- These are performance-based restricted stock units that become actual shares only as they vest; this is a compensation award rather than an open-market purchase or sale. Such awards are common for executive pay and do not by themselves indicate the insider bought or sold shares on the market.
Insider Transaction Report
Form 4
YELP INCYELP
Schwarzbach David A
Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-03-04+24,231→ 237,959 total
Footnotes (1)
- [F1]On February 7, 2025, the Reporting Person was granted performance-based restricted stock units covering 24,015 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On March 4, 2026, the performance criteria were met, resulting in 24,231 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2026; and 6.25% of the shares will vest quarterly thereafter until fully vested.
Signature
/s/ Elizabeth Prosser, Attorney-in-Fact|2026-03-06