Paul Cynthia 4
4 · Yext, Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
Yext (YEXT) 10% Owner Paul Cynthia Receives Award
What Happened Paul Cynthia, identified as a 10% owner of Yext, was granted 89,058 restricted stock units (RSUs) on July 7, 2026. The grant is reported as a derivative award at $0.00 per share (no cash paid at grant). Each RSU represents a contingent right to receive one share of Yext common stock if and when the units vest.
Key Details
- Transaction date: 2026-07-07; Form 4 filed 2026-07-09 (timely filing).
- Transaction type/code: Award/Grant (A); 89,058 RSUs granted at $0.00 per share.
- Footnotes: F1 — each RSU converts to one share when vested; F2 — vesting: one‑third on July 7, 2027, then annually, fully vested July 7, 2029.
- Shares owned after transaction: not disclosed in this filing.
- Exhibit: Power of Attorney listed as Exhibit 24.
Context This was an equity compensation award (RSUs), not an open‑market purchase or sale. RSUs are contingent on continued service and will only become actual shares if the vesting conditions are met; they can result in future dilution if and when shares are issued. As a 10% owner, this filing reflects ownership changes by a significant holder rather than a routine executive buy/sell.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-07-07+89,058→ 89,058 total→ Common Stock (89,058 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s (the "Company") common stock.
- [F2]One-third of the shares subject to award shall vest on July 7, 2027, and then annually thereafter on each July 7, subject to the Reporting Person's continued service to the Company on such date until the award is fully vested on July 7, 2029.