Form 4: Yelp Inc. Executive Orr Carmen Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chief People Officer of Yelp Inc., Carmen Orr, disposed of 3,534 shares of common stock on March 15, 2024, to cover tax withholding obligations related to vesting RSUs.
Summary
- On March 15, 2024, Carmen Orr, the Chief People Officer of Yelp Inc., disposed of 3,534 shares of Yelp's common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- The shares were disposed of at a price of $37.52 per share.
- Following the transaction, Orr directly owns 124,995 shares of Yelp's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Yelp.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transaction |
| 03/19/2024 | Date of signature for the Form 4 filing |
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