Stoppelman Jeremy 4
4 · YELP INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Yelp (YELP) CEO Jeremy Stoppelman Receives Award of 48,779 Shares
What Happened
Yelp CEO Jeremy Stoppelman was credited with 48,779 performance-based restricted stock units (RSUs) on March 4, 2026. The RSUs were recorded as an award/acquisition at $0.00 (no cash paid). The award reflects performance criteria being met and makes those shares eligible to vest according to a set schedule.
Key Details
- Transaction type: Grant/Award (Form 4 code A) — acquisition at $0.00.
- Transaction date: March 4, 2026; Form filed March 6, 2026.
- Shares involved: 48,779 RSUs became eligible to vest. Reported acquisition value: $0.
- Vesting schedule (per footnote): 31.25% of the shares vest on March 15, 2026; then 6.25% vest quarterly thereafter until fully vested, subject to continued service.
- Original grant: On Feb 7, 2025 Stoppelman was granted performance-based RSUs covering 48,345 shares at target, with 0–200% payout depending on performance; the performance criteria were met, producing the 48,779-share allocation.
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Filed within the typical Form 4 window (not indicated as late).
Context
This was an issuance of performance-based RSUs (compensation), not an open-market purchase or sale. Such awards are common executive pay and represent potential future ownership if the RSUs vest and any service conditions are met. Because no cash was paid and the shares are subject to vesting, this filing signals compensation realization rather than an immediate buy or sell decision by the CEO.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-04+48,779→ 966,974 total
Footnotes (1)
- [F1]On February 7, 2025, the Reporting Person was granted performance-based restricted stock units covering 48,345 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 48,779 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.