Wells Royce A. 4
Research Summary
AI-generated summary
Yelp Director Royce A. Wells Receives 10,646-Share Award
What Happened
Royce A. Wells, a director of Yelp Inc. (YELP), received a grant of 10,646 restricted stock units (RSUs) on 2026-06-05. The award was reported on a Form 4 filed 2026-06-09. The RSUs were issued with no cash paid (reported acquisition price $0.00).
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (timely filing).
- Amount: 10,646 RSUs; reported price: $0.00 (award/grant).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: These RSUs vest on the earlier of (a) one year from the grant date or (b) the date of the issuer’s next annual meeting of stockholders.
- Transaction type code: A = Award/Grant.
Context
This was a grant of restricted stock units (an award), not an open-market purchase or sale. RSU grants are compensation and do not by themselves signal immediate buying or selling activity; value will be realized when RSUs vest and convert to shares (or are otherwise settled) per the vesting terms.