4Accepted Sep 22, 6:12 PM ET
Yext (YEXT) Chief Accounting Officer Allan Tang Vests RSUs
Accepted (ET)
6:12 PM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
1
Size
8.6 KB
Summary
Yext (YEXT) Chief Accounting Officer Allan Tang Vests RSUs
What Happened
Allan Tang, Chief Accounting Officer of Yext, had restricted stock units (RSUs) convert to common shares on September 20, 2026. A tranche of 6,075 RSUs vested; 3,011 of those shares were withheld to satisfy tax withholding at $6.14 per share (total withholding $18,488), leaving approximately 3,064 net shares delivered to him. The Form 4 shows entries reflecting the derivative conversion/settlement and the tax-withholding share disposition.
Key Details
- Transaction date: September 20, 2026; Form 4 filed September 22, 2026 (filed within the normal reporting window).
- Gross shares vested/converted: 6,075 RSUs.
- Shares withheld for taxes: 3,011 shares at $6.14 per share = $18,488.
- Net shares delivered to insider: ~3,064 shares (6,075 − 3,011).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 = each RSU converts to one share; F2 = shares withheld to satisfy tax liability upon vesting; F3 = vesting schedule (27,100 previously vested March 20, 2026, then 6,075 quarterly tranches through March 20, 2029).
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld to satisfy tax liability (sell-to-cover style withholding).
Context
This was a standard compensation vesting event (RSU conversion) followed by share withholding to cover taxes—not an open-market purchase or sale that signals a trading preference. The filing shows conversion/settlement of RSUs rather than a cash exercise; the withholding is a routine tax-related disposition.