Form 4: Yelp Inc. Executive Carmen Orr Reports Tax-Related Share Disposal
SEC Form 4 Filing
Carmen Orr, Chief People Officer of Yelp Inc., disposed of 4,172 shares to cover tax obligations related to vesting RSUs on May 20, 2024.
Summary
- On May 20, 2024, Carmen Orr, the Chief People Officer of Yelp Inc., disposed of 4,172 shares of common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $37.36 per share.
- Following the transaction, Orr directly owns 105,839 shares of Yelp Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and it doesn't indicate any significant 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 stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 05/22/2024 | Date of signature by Attorney-in-Fact. |
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