Paul Cynthia 4
Research Summary
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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.
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