Amara Carmen 4

What Happened
Amara Carmen, Yelp’s Chief People Officer, received equity awards totaling 63,738 restricted stock units (46,670 time‑based RSUs and 17,068 performance‑based RSUs) on February 3, 2026. The awards are reported at $0 per share (typical for RSU grants); no cash was paid. The time‑based RSUs vest in equal quarterly installments over four years from the grant date. The 17,068 performance RSUs became eligible to vest after performance goals were met and are slated to vest subject to continued service on February 20, 2026.

Key Details

• Transaction date: 2026-02-03; reported on Form 4 filed 2026-02-05 (timely filing).
• Price: $0.00 per share (RSU award).
• Shares reported: 46,670 time‑based RSUs; 17,068 performance‑based RSUs; total 63,738 RSUs.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 = time‑based RSUs vest quarterly over 4 years from grant. F2 = originally awarded 21,667 performance RSUs (granted 1/25/2023) at target; performance criteria met, resulting in 17,068 shares becoming eligible to vest on 2/20/2026, subject to continued service.
• No tax‑withholding or open‑market sale/purchase reported in this filing.

Context
RSU grants are a standard form of executive compensation and only become actual shares when they vest; performance RSUs require both achievement of targets and continued employment before vesting. Awards aren’t the same signal as open‑market purchases or sales — they reflect compensation decisions rather than the insider buying or selling stock.