Eaton Sam 4
4 · YELP INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Yelp CTO Sam Eaton Receives Award of 24,231 Shares
What Happened
Sam Eaton, Chief Technology Officer of Yelp Inc., was credited with 24,231 shares classified as an award/acquisition on March 4, 2026. The filing reports an acquisition price of $0.00 (typical for restricted stock units); these are performance-based RSUs that became eligible to vest rather than an open-market purchase or sale.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (within the normal reporting window).
- Transaction type/code: A — Award/Grant (performance-based RSUs).
- Shares involved: 24,231 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Footnote summary: Original performance award granted Feb 7, 2025 (target 24,015 shares; 0–200% payout range). Performance criteria were met on Mar 4, 2026, resulting in 24,231 shares eligible to vest. Vesting schedule: 31.25% on Mar 15, 2026; then 6.25% quarterly thereafter, subject to continued service.
- No tax-withholding sale or cashless exercise reported in the provided filing.
Context
These are performance-based restricted stock units (RSUs). The filing reflects eligibility to vest after performance goals were met — some shares will vest soon (31.25% on March 15, 2026) and the remainder quarterly thereafter if Eaton remains employed. Awards recorded at $0 are standard for RSUs and do not represent a cash purchase or sale; such grants are part of executive compensation and are not the same signal to the market as an insider purchase.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-04+24,231→ 224,376 total
Footnotes (1)
- [F1]On February 7, 2025, the Reporting Person was granted performance-based restricted stock units covering 24,015 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On March 4, 2026, the performance criteria were met, resulting in 24,231 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2026; and 6.25% of the shares will vest quarterly thereafter until fully vested.