Tang Allan 4

What Happened Allan Tang, Yext's Chief Accounting Officer, had 27,100 restricted stock units (RSUs) vest on March 20, 2026. The RSUs converted to common shares (reported as derivative exercise, code M) at no exercise price ($0). To satisfy tax withholding on the vesting event (reported under code F), 13,310 shares were withheld at an effective per-share withholding amount of $4.79, totaling $63,755. This was not an open-market sale but a routine withholding to cover tax liability upon vesting.

Key Details

• Transaction date: March 20, 2026 (Form 4 filed March 24, 2026—filed timely).
• Vesting/conversion: 27,100 RSUs vested and converted to 27,100 shares (reported as M).
• Tax withholding: 13,310 shares withheld at $4.79/share = $63,755 (reported as F).
• Vesting schedule remaining: 6,075 RSUs vest quarterly on each of Jun 20, Sep 20, Dec 20 and Mar 20 until fully vested on Mar 20, 2029 (footnote).
• Other holdings note: Filing references 4,058 shares previously acquired via the 2017 ESPP on Sept 15, 2025.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1 = each RSU converts to one share; F3 = shares withheld to satisfy tax liability; F4 = future vesting schedule.

Context This filing documents a routine RSU vesting and share-withholding-for-taxes (cashless withholding), not an open-market sale or a purchase. Such withholding transactions are common and primarily administrative—useful for tracking insider ownership changes but not necessarily a signal of insider sentiment.