Form 4: Yext Inc. General Counsel Ho Shin Reports Stock Transactions
SEC Form 4 Filing
Ho Shin, General Counsel of Yext Inc., reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On December 20, 2024, Ho Shin, the General Counsel of Yext Inc., engaged in transactions involving Yext's common stock.
- These transactions involved the vesting of restricted stock units (RSUs) and the subsequent withholding of shares to cover tax liabilities.
- Specifically, 14,063 and 3,125 shares vested from two separate RSU awards.
- A total of 6,034 shares were withheld to satisfy tax obligations at a price of $6.36 per share.
- Following these transactions, Shin directly owns 133,599 shares of Yext common stock, as well as 84,375 and 6,250 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions of an insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation-related activities.
Key Dates
| Date | Description |
|---|---|
| 09/20/2021 | One-sixteenth of shares subject to award vested and vests quarterly thereafter until June 20, 2025. |
| 09/20/2022 | One-sixteenth of shares subject to award vested and vests quarterly thereafter until June 20, 2026. |
| 12/20/2024 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 12/23/2024 | Date of signature for the Form 4 filing. |
| 06/20/2025 | Date when one RSU award is fully vested. |
| 06/20/2026 | Date when one RSU award is fully vested. |
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