Form 4: Yelp CEO Jeremy Stoppelman Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Yelp's CEO, Jeremy Stoppelman, disposed of shares to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- On May 20, 2025, Jeremy Stoppelman, the CEO of Yelp Inc., disposed of 19,513 shares of common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $38.59 per share.
- Following the transaction, Stoppelman beneficially owns 795,487 shares of Yelp Inc.
- The disposal was related to the vesting of previously reported Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock disposal transaction |
| 05/22/2025 | Date of signature on the Form 4 filing |
Keywords
Yelp, Jeremy Stoppelman, stock disposal, Form 4, tax obligations, RSUs, beneficial ownership
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