Saldanha Craig 4

What Happened
Craig Saldanha, Chief Product Officer at Yelp Inc., had 5,740 shares withheld to satisfy tax withholding obligations in connection with RSU vesting. The withholding was executed at $22.47 per share, with a total value of approximately $128,978. This is a tax-withholding (code F) disposition, not an open-market sale.

Key Details

• Transaction date: 2026-05-20; filing date (Form 4): 2026-05-22 (filed within the typical 2‑business‑day window).
• Price per share: $22.47; shares withheld/disposed: 5,740; total value: ~$128,978.
• Transaction code: F (shares withheld to satisfy tax withholding on vested RSUs).
• Footnote: F1 — shares were withheld to satisfy tax withholding for RSUs that vested and were previously reported in Table I after grant.
• Shares owned after the transaction: not specified in the provided summary of this filing.

Context
Withholding shares to cover taxes is a routine administrative step when restricted stock units vest; it reduces the number of shares delivered to the insider rather than signaling a discretionary sale. This transaction should not be interpreted as a market sell-off or a directional bet by the insider.