Form 4: Yext Director Jesse Lipson Reports Stock Transactions
SEC Form 4 Filing
Director Jesse Lipson reports acquisition and disposal of Yext, Inc. stock and restricted stock units.
Summary
- On June 13, 2024, Jesse Lipson, a director of Yext, Inc., reported transactions involving the company's stock.
- Lipson acquired 20,588 shares of common stock through the vesting of restricted stock units.
- Following these transactions, Lipson beneficially owns 401,838 shares of Yext common stock, including 21,834 deferred stock units.
- Lipson also acquired 31,250 restricted stock units on June 12, 2024, which will vest on June 12, 2025, contingent upon continued service to the company.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These filings provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Acquisition of 31,250 restricted stock units. |
| 06/13/2024 | Acquisition of 20,588 shares of common stock through restricted stock unit vesting. |
| 06/13/2024 | Date of report filing. |
| 06/12/2025 | Vesting date for 31,250 restricted stock units. |
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