Form 4: Yext Inc. General Counsel Ho Shin Reports Stock Transactions
SEC Form 4
Ho Shin, General Counsel of Yext Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On March 20, 2025, Ho Shin, the General Counsel of Yext Inc., engaged in transactions involving Yext's common stock.
- These transactions included the vesting of 14,062 and 3,125 restricted stock units, which converted into common stock.
- A total of 8,612 shares were withheld to cover tax liabilities associated with the vesting of these restricted stock units at a price of $6.4.
- Following these transactions, Shin directly owns 142,174 shares of Yext common stock.
- Shin also owns 70,313 restricted stock units that vest quarterly until June 20, 2026 and 3,125 restricted stock units that vest quarterly until June 20, 2025.
Sentiment
Score: 5
Explanation: This is a routine insider transaction filing, indicating the vesting of restricted stock units and subsequent tax withholding. It doesn't inherently suggest positive or negative sentiment.
Future Outlook
The reporting person will continue to vest in restricted stock units quarterly until June 20, 2025 and June 20, 2026.
Industry Context
This is a standard Form 4 filing, reflecting insider transactions related to equity compensation. These filings are common for publicly traded companies and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard equity compensation practices.
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. |
| 03/20/2025 | Date of transactions: vesting of restricted stock units and tax withholding. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
| 06/20/2025 | Date when restricted stock units fully vested from award on September 20, 2021. |
| 06/20/2026 | Date when restricted stock units fully vested from award on September 20, 2022. |
Keywords
Yext Inc., Ho Shin, General Counsel, Form 4, Stock Options, Restricted Stock Units, Beneficial Ownership, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.