Yext, Inc.·4

Jun 22, 8:35 PM ET

Shin Ho 4

Research Summary

AI-generated summary

Updated

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).