Saldanha Craig 4

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.