Saldanha Craig 4
4 · YELP INC · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Yelp CPO Craig Saldanha Receives RSU Awards
What Happened Craig Saldanha, Chief Product Officer of Yelp Inc. (YELP), was awarded a total of 73,543 restricted stock units (RSUs) on February 3, 2026. The filing shows two awards: 53,850 RSUs granted as time-based awards and 19,693 RSUs recognized from a prior performance grant; both were reported at $0.00 per share (standard for equity awards). These are grants/awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: February 3, 2026 (Filed with the SEC on Feb 5, 2026 — appears timely).
- Shares granted: 53,850 (time-based RSUs) and 19,693 (performance-based RSUs); price reported $0.00 per share.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: The 53,850 RSUs vest in equal quarterly installments over four years from the grant date.
- Footnote F2: The 19,693 RSUs result from a Jan 25, 2023 performance-based RSU grant (25,000 target); performance criteria were met on Feb 3, 2026, making 19,693 shares eligible to vest on Feb 20, 2026, subject to continued service.
- Transaction type code: A = Award/Grant.
Context These awards are executive compensation (time-based and performance-based RSUs) and do not reflect an immediate purchase or sale. Time-based RSUs vest over time; the performance RSUs indicate pre-set goals were achieved, making those units eligible to vest pending continued employment. Such grants are common for executive incentives and should be viewed as compensation rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-03+53,850→ 244,729 total - Award
Common Stock
[F2]2026-02-03+19,693→ 264,422 total
Footnotes (2)
- [F1]Represents the grant of restricted stock units that vest in equal quarterly installments over four years from the date of grant.
- [F2]On January 25, 2023, the Reporting Person was granted performance-based restricted stock units covering 25,000 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 February 3, 2026, the performance criteria were met, resulting in 19,693 shares becoming eligible to vest on February 20, 2026, subject to the Reporting Person's continued service with the Issuer.