Form 4: Yelp CFO Disposes Shares for Tax Obligations
Insider Transaction Report
Yelp's Chief Financial Officer, David A. Schwarzbach, disposed of 9,458 shares of common stock to cover tax withholding obligations related to RSU vesting.
Summary
- David A. Schwarzbach, Chief Financial Officer of Yelp Inc. (YELP), reported a transaction on November 20, 2025.
- The transaction involved the disposition of 9,458 shares of Yelp Common Stock at a price of $28.85 per share.
- These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously reported Restricted Stock Units (RSUs).
- Following this transaction, Mr. Schwarzbach beneficially owns 150,738 shares of Yelp Common Stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: This filing is a routine Form 4 reporting a non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to RSU vesting, not a discretionary sale of shares.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Date of transaction (disposition of shares). |
| 11/21/2025 | Date the Form 4 was signed. |
Keywords
Yelp, YELP, Form 4, Insider Transaction, CFO, Stock Sale, RSU Vesting, Tax Withholding, David A. Schwarzbach
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