Yelp (YELP) CPO Amara Carmen Receives Award of 14,666 Shares

What Happened

Amara Carmen, Yelp's Chief People Officer, was reported as acquiring (award) 14,666 shares via performance-based restricted stock units (RSUs) on March 4, 2026. The Form 4 shows an acquisition price of $0.00 per share (award), so no cash was exchanged in this transaction. The award reflects performance criteria being met and makes 14,666 shares eligible to vest according to a service-based schedule.

Key Details

• Transaction date: March 4, 2026; reported on Form 4 filed March 6, 2026 (timely filing).
• Transaction type/code: Award/Acquisition (A). Price reported: $0.00 per share; aggregate cash value shown: $0.
• Shares involved: 14,666 RSUs became eligible to vest.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (F1): The RSUs were originally granted Feb 7, 2025 at a target of 14,535 shares (0–200% payout range). On March 4, 2026 performance criteria were met, resulting in 14,666 shares becoming eligible to vest. Vesting schedule: 31.25% on March 15, 2026, then 6.25% quarterly thereafter until fully vested, subject to continued service.
• Tax withholding or share-for-tax settlement: None reported in this filing.

Context

These are performance-based RSUs that became eligible to vest after corporate performance goals were achieved; actual vesting is still subject to the stated schedule and the executive’s continued service. This is an award/compensation event (not an open-market purchase or sale) and therefore is routine executive compensation rather than an immediate buy/sell signal.