Form 4: Yelp Inc. Chief People Officer Carmen Orr Reports Sale of 14,984 Shares
SEC Form 4 Filing
Carmen Orr, Chief People Officer of Yelp Inc., sold 14,984 shares of common stock at an average price of $38.0007 on May 16, 2024.
Summary
- On May 16, 2024, Carmen Orr, the Chief People Officer of Yelp Inc., sold 14,984 shares of Yelp's common stock.
- The shares were sold at a weighted average price of $38.0007.
- The price range for the sales was between $37.98 and $38.08.
- Following the transaction, Orr directly owns 110,011 shares of Yelp's common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, simply reporting a transaction.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company executives. It's a standard practice for publicly traded companies and their officers.
Stakeholder Impact
- The stock sale by a company officer may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock sale transaction |
| 05/20/2024 | Date of Form 4 filing |
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