Shin Ho 4
4 · Yext, Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Yext (YEXT) General Counsel Shin Ho Converts RSUs, 37,188 Shares
What Happened
Shin Ho, General Counsel of Yext, converted restricted stock units (RSUs) into 37,188 shares on June 20, 2026 (two conversions: 14,063 and 23,125 shares). To cover tax withholding, 18,661 of those shares were surrendered at $3.80 per share, yielding $70,912 withheld. Net shares issued to the reporting person were 18,527 (37,188 converted minus 18,661 withheld). This was a vesting/conversion event (not an open-market purchase or sale).
Key Details
- Transaction date: June 20, 2026; Form 4 filed June 22, 2026 (timely).
- Conversions: 14,063 and 23,125 RSUs converted to common stock (total 37,188).
- Tax withholding: 18,661 shares withheld @ $3.80 = $70,912 (reported as disposition to satisfy tax liability).
- Net shares received: 18,527.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = each RSU converts to one share; F2 = shares withheld to satisfy tax liability upon vesting; F3 = one award fully vested on June 20, 2026 after a quarterly vesting schedule; F4 = another award vests quarterly through Dec 20, 2027.
- Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = payment of tax liability (shares withheld). No cash sale reported.
Context
This was a routine vesting/conversion of RSUs; the reporting person did not sell shares on the open market as part of this filing—shares were converted and a portion withheld to cover taxes (common practice on vesting). Footnotes show the conversions relate to scheduled vesting (one award fully vested June 20, 2026; another continues to vest through December 2027).
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-20+14,063→ 314,805 total - Exercise/Conversion
Common Stock
[F1]2026-06-20+23,125→ 337,930 total - Tax Payment
Common Stock
[F2]2026-06-20$3.80/sh−18,661$70,912→ 319,269 total - Exercise/Conversion
Restricted Stock Unit
[F1][F3]2026-06-20−14,063→ 0 total→ Common Stock (14,063 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F4]2026-06-20−23,125→ 138,750 total→ Common Stock (23,125 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- [F2]Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 20, 2026.
- [F3]One-sixteenth of shares subject to award vested on September 20, 2022 and vested quarterly thereafter on each of December 20, March 20, June 20 and September 20 and in each case subject to the reporting person's continued service on each such date, until the award fully vested on June 20, 2026.
- [F4]One-eighth of shares subject to the award shall vest on March 20, 2026, and quarterly thereafter on each June 20, September 20, December 20, and March 20, subject to the reporting person's continued service on each such date, until the award is fully vested on December 20, 2027.