SHEEHAN ANDREW T 4
4 · Yext, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Yext Director Andrew Sheehan Receives 43,209-Share Award
What Happened
Andrew T. Sheehan, a director of Yext, Inc. (YEXT), was granted 43,209 restricted stock units (RSUs) on June 10, 2026. The award was reported as an acquisition by grant (transaction code A) with no cash consideration ($0 reported). Each RSU represents a contingent right to one share of common stock; 100% of the RSUs vest on June 10, 2027, subject to his continued service on that date.
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (timely filing).
- Transaction type/code: Grant/Award (A). Price reported: $0.00; total reported cash consideration: $0.
- Shares granted: 43,209 restricted stock units. Vesting: 100% on June 10, 2027, contingent on continued board service (see footnote F1).
- Shares owned after transaction: not specified in the provided summary of the filing.
- Related footnotes: F1 describes the annual board RSU grant and vesting terms. F2–F4 note other shares held by entities/trusts (Tippet Venture Partners II, Tippet Venture Partners, and a trust) in which the reporting person disclaims beneficial ownership except for any pecuniary interest.
Context
This was an equity award for board service rather than a market purchase or sale. Such awards are common as compensation for directors and do not by themselves indicate the director buying or selling stock for investment reasons. RSUs are a contingent right to receive shares upon vesting; no immediate shares were delivered and no cash changed hands at grant.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+43,209→ 199,583 total
- 1,000,000(indirect: By Partnership)
Common Stock
[F2] - 447,048(indirect: By Partnership)
Common Stock
[F3] - 306,744(indirect: By Trust)
Common Stock
[F4]
Footnotes (4)
- [F1]Annual grant in connection with service on the Board of Directors of the Issuer. The shares represent restricted stock units that were received as an award, for no consideration. 100% of the shares subject to award shall vest on June 10, 2027, subject to the reporting person's continued service to the Issuer on such date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Shares held by Tippet Venture Partners II, L.P. of which the reporting person is the managing director of the general partner of Tippet Venture Partners II, L.P. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- [F3]Shares held by Tippet Venture Partners, L.P. of which the reporting person is the managing director of the general partner of Tippet Venture Partners, L.P. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- [F4]Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.