Yelp (NYSE: YELP) CTO discloses 45,668 unvested RSUs in initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Yelp Inc.’s Chief Technology Officer Alexander Coleman Levy filed an initial ownership report showing 45,668 unvested restricted stock units tied to Yelp common stock. These RSUs vest in equal quarterly installments over four years from grant dates on January 9, 2023, January 16, 2024, January 15, 2025, and January 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levy Alexander Coleman
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 45,668 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Total unvested RSUs: 45,668 units
2023 grant RSUs: 3,840 units
2024 grant RSUs: 7,478 units
+2 more
5 metrics
Total unvested RSUs
45,668 units
Aggregate unvested restricted stock units reported on Form 3
2023 grant RSUs
3,840 units
Vest quarterly over four years from January 9, 2023 grant
2024 grant RSUs
7,478 units
Vest quarterly over four years from January 16, 2024 grant
2025 grant RSUs
12,419 units
Vest quarterly over four years from January 15, 2025 grant
2026 grant RSUs
21,931 units
Vest quarterly over four years from January 8, 2026 grant
Key Terms
restricted stock units, vest in equal quarterly installments, grant date
3 terms
restricted stock units financial
"Includes an aggregate of 45,668 unvested restricted stock units, which vest as follows"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest in equal quarterly installments financial
"which vest in equal quarterly installments over four years following the grant date"
grant date financial
"over four years following the grant date of January 9, 2023"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What does the Form 3 filing for Yelp (YELP) by Alexander Coleman Levy show?
The Form 3 shows Alexander Coleman Levy, Yelp’s Chief Technology Officer, holding 45,668 unvested restricted stock units. These RSUs relate to Yelp common stock and represent his initial reported ownership position as an officer subject to SEC reporting rules.
How many Yelp (YELP) restricted stock units does the CTO report on Form 3?
Alexander Coleman Levy reports an aggregate of 45,668 unvested restricted stock units. This entire amount is tied to Yelp common stock and is disclosed as his initial ownership position in the Form 3 filing as an executive officer.
How are Alexander Coleman Levy’s Yelp (YELP) RSUs scheduled to vest?
All 45,668 RSUs vest in equal quarterly installments over four years from each grant date. Each grant therefore releases a portion of shares every quarter, aligning the CTO’s equity compensation with a multi‑year service period.
What are the specific grant dates for Yelp (YELP) CTO Alexander Coleman Levy’s RSUs?
The RSUs were granted on January 9, 2023; January 16, 2024; January 15, 2025; and January 8, 2026. Each grant vests in equal quarterly installments over four years following its respective grant date, according to the Form 3 footnote.
Does the Yelp (YELP) Form 3 indicate any recent stock trades by the CTO?
The Form 3 reflects holdings rather than trades and lists 45,668 unvested restricted stock units. The transaction summary classifies the entry as a holding with an unknown transaction code, not as a reported buy or sell transaction.