Research Summary
AI-generated summary of this SEC filing
Yelp CPO Amara Carmen Sells 4,955 Shares
What Happened
- Amara Carmen, Chief People Officer of Yelp Inc., had 4,955 shares withheld to satisfy tax withholding obligations tied to vested RSUs. The withholding reduced her position by 4,955 shares at a reported per-share value of $23.60, totaling $116,938. The transaction is reported with code F (tax withholding / payment of tax liability), not an open-market sale.
Key Details
- Transaction date and price: Aug 20, 2026 — 4,955 shares at $23.60 each (total $116,938).
- Transaction type/code: F — shares withheld to cover tax withholding on vesting.
- Shares owned after transaction: Not specified in this filing.
- Footnote: The shares were withheld to satisfy tax obligations for RSUs that were previously reported in Table I following the grant (per footnote F1).
- Filing timeliness: Report filed Aug 24, 2026 (four days after the transaction). Form 4s are generally due within two business days, so this filing appears later than typical.
Context
- This was a tax-withholding disposition related to RSU vesting (often called a "sell-to-cover" or shares withheld), not an active open-market sale indicating a change in view. Such withholding is routine when restricted stock units vest and does not by itself signal insider sentiment.