Form 4: Yext CFO Bond's Routine Stock Vesting and Tax Sale

Yext CFO Darryl Bond reported the vesting of 74,367 restricted stock units and the sale of 37,966 shares for tax purposes on December 20, 2025.

Summary

• Darryl Bond, Chief Financial Officer of Yext, Inc., reported transactions on December 20, 2025.
• A total of 74,367 shares of Yext common stock were acquired through the vesting of restricted stock units (RSUs).
• Concurrently, 37,966 shares were disposed of at a price of $8.33 per share to cover tax liabilities associated with the RSU vesting.
• Following these transactions, Mr. Bond beneficially owns 679,851 shares of Yext common stock directly.
• Additionally, Mr. Bond holds 58,125 derivative securities (Restricted Stock Units) that are yet to vest.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it reflects routine executive compensation and a net increase in insider ownership, which aligns management interests with shareholders. The tax-related sale is a standard, neutral event.

Positives

• The vesting of 74,367 restricted stock units indicates continued compensation and alignment of management interests with shareholders.
• The net increase in direct beneficial ownership of common stock by 36,401 shares (74,367 acquired 37,966 disposed) demonstrates a growing stake in the company by the CFO.

Negatives

• The disposal of 37,966 shares to cover tax liabilities, while a common practice, reduces the immediate increase in the CFO's direct equity holding.

Future Outlook

The filing indicates future vesting dates for remaining restricted stock units, with one award fully vesting by June 20, 2027, contingent on continued service.

Industry Context

This filing is a routine insider transaction report and does not provide information to assess broader industry trends or competitor performance. It reflects standard executive compensation practices within the technology sector.

Stakeholder Impact

• Shareholders: A slight positive impact as the CFO's direct beneficial ownership increased, aligning interests. The tax-related sale is a routine event and not indicative of a lack of confidence.
• Employees: Reflects standard equity compensation practices for executives.

Next Steps

• Continued vesting of remaining restricted stock units on scheduled dates, subject to Darryl Bond's continued service.
• The next scheduled vesting for one RSU award is September 20, 2023, and quarterly thereafter.
• The final vesting for another RSU award is June 20, 2027.

Key Dates

Keywords

Yext, YEXT, Darryl Bond, CFO, Insider Trading, Form 4, Restricted Stock Units, RSU Vesting, Stock Transaction, Beneficial Ownership