Bond Darryl 4

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.