Bond Darryl 4
4 · Yext, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Yext (YEXT) CFO Darryl Bond Receives 1.18M RSU/PSU Award
What Happened
- Darryl Bond, Yext’s Chief Financial Officer and Chief Administrative Officer, was granted three equity awards on 2026-04-16 totaling 1,182,609 contingent units (402,087 + 390,261 + 390,261). Each award was granted at $0.00 (no cash paid) and reported on a Form 4 filed 2026-04-17. These are derivative awards (restricted stock units and performance-based restricted stock units) that convert to common shares only if vesting conditions are met.
Key Details
- Transaction date: 2026-04-16; Form 4 filed: 2026-04-17 (timely).
- Award amounts: 402,087 units; 390,261 units; 390,261 units — total 1,182,609 units. Grant price reported as $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes / vesting rules:
- Time-based RSU: each unit converts to one share (RSU); 1/16 vests on Dec 20, 2027, then quarterly (Mar/Jun/Sep/Dec 20) until fully vested on Sept 20, 2031.
- Two PSU tranches: each PSU converts to one share if performance thresholds are met. One tranche vests up to 25% at $12, $15, $17 and $20 average price milestones (vesting on the next quarterly vesting date once a threshold is achieved). The other tranche vests up to 25% at $9, $11, $13 and $15 average price milestones and, once a threshold is met, vests as to 1/16 quarterly after Sept 20, 2027.
- Transaction code: A = Award/Grant (derivative).
Context
- These awards are grants (not open-market purchases or sales). RSUs/PSUs are contingent rights to receive shares in the future and therefore do not represent immediate share ownership or cash proceeds.
- The PSUs vest only if both price-based performance conditions and continued service requirements are met, so actual shares and any dollar value depend on future stock performance and vesting dates.
- No tax withholding or sale-for-tax-withholding was reported in the provided excerpt.
Insider Transaction Report
Form 4
Yext, Inc.YEXT
Bond Darryl
See Remarks
Transactions
- Award
Restricted Stock Unit
[F1][F2]2026-04-16+402,087→ 402,087 total→ Common Stock (402,087 underlying) - Award
Performance-Based Restricted Stock Unit
[F3][F4]2026-04-16+390,261→ 390,261 total→ Common Stock (390,261 underlying) - Award
Performance-Based Restricted Stock Unit
[F3][F5]2026-04-16+390,261→ 390,261 total→ Common Stock (390,261 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Yext, Inc. (the "Company").
- [F2]One-sixteenth of shares subject to the award shall vest on December 20, 2027, and quarterly thereafter on each March 20, June 20, September 20, and December 20 (each, a "Quarterly Vesting Date"), subject to the reporting person's continued service on each such date, until the award is fully vested on September 20, 2031.
- [F3]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock.
- [F4]25% of the shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $12, $15, $17 and $20 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest on the next Quarterly Vesting Date, subject to the reporting person's continued service on such date.
- [F5]25% of the shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $9, $11, $13 and $15 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 1/16 quarterly on each Quarterly Vesting Date following September 20, 2027, subject to the reporting person's continued service on each such date.
Signature
/s/ Ho Shin, Attorney-in-Fact|2026-04-17