Form 4: Yelp CEO Stoppelman Reports RSU Tax Withholding

Yelp Inc. CEO Jeremy Stoppelman reported the disposition of 19,514 shares of common stock on October 1, 2025, to cover tax obligations from RSU vesting.

Summary

• Jeremy Stoppelman, Chief Executive Officer and Director of Yelp Inc. (YELP), reported a transaction on October 1, 2025.
• The transaction involved the disposition of 19,514 shares of Yelp common stock.
• These shares were withheld to satisfy tax withholding obligations in connection with the vesting of certain Restricted Stock Units (RSUs).
• The shares were valued at $31.46 per share for the purpose of this tax withholding.
• Following this reported transaction, Mr. Stoppelman directly beneficially owns 756,458 shares of Yelp common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction (tax withholding for RSU vesting) by an insider, which is neutral in sentiment regarding the company's operational performance or future prospects.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction related to executive equity compensation and does not directly relate to broader industry trends or competitive dynamics within the local search or online review sector. It reflects standard practices for managing RSU vesting and associated tax liabilities.

Comparison to Industry Standards

• Withholding shares to cover tax liabilities upon RSU vesting is a common and compliant method of managing equity compensation across various industries, including technology. This practice is standard for executives receiving Restricted Stock Units.

Stakeholder Impact

• This is a routine administrative transaction related to executive compensation and has no material impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Yelp, YELP, Jeremy Stoppelman, CEO, Insider Transaction, Form 4, RSU, Stock Withholding, Equity Compensation, Beneficial Ownership