Form 4: Yelp CEO Jeremy Stoppelman Reports Share Transaction
SEC Form 4 Filing
Yelp's CEO, Jeremy Stoppelman, reports the disposal of shares to cover tax obligations related to vesting RSUs.
Summary
- On March 15, 2025, Jeremy Stoppelman, the CEO of Yelp Inc., disposed of 6,160 shares of common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $35.04 per share.
- Following the transaction, Stoppelman beneficially owns 815,000 shares of Yelp Inc.
- The transaction was related to the vesting of previously reported Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of share transaction (disposal of shares). |
| 03/17/2025 | Date of signature for the SEC filing. |
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