Yelp (YELP) Chief Product Officer has 5,740 shares withheld for RSU tax obligations

Rhea-AI Filing Summary

Yelp Inc.'s Chief Product Officer, Craig Saldanha, reported a routine tax-related share disposition. On May 20, 2026, 5,740 shares of Yelp common stock were withheld at a price of $22.47 per share to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock units (RSUs). This was not an open-market sale but a payment of tax liabilities using shares. After this transaction, Saldanha directly held 260,895 shares of Yelp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Saldanha Craig

Role Chief Product Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	5,740	$22.47	$129K

Holdings After Transaction: Common Stock — 260,895 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 5,740 shares Withholding price: $22.47 per share Post-transaction holdings: 260,895 shares

3 metrics

Shares withheld for taxes 5,740 shares Withheld on May 20, 2026 for RSU tax obligations

Withholding price $22.47 per share Value used for RSU-related tax withholding

Post-transaction holdings 260,895 shares Common stock held directly after tax-withholding disposition

Key Terms

restricted stock units, tax withholding obligations, Form 4

3 terms

restricted stock units financial

"in connection with the vesting of certain RSUs, which were previously reported"

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.

tax withholding obligations financial

"Represents shares withheld to satisfy tax withholding obligations in connection"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saldanha Craig

(Last) (First) (Middle)

C/O YELP INC.

350 MISSION STREET, 10TH FLOOR

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
YELP INC [ YELP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Product Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		F		5,740(1)	D	$22.47	260,895	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain RSUs, which were previously reported in Table I following the date of grant.

Remarks:

	/s/ Elizabeth Prosser, Attorney-in-Fact	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Yelp (YELP) disclose for Craig Saldanha?

Yelp disclosed that Chief Product Officer Craig Saldanha had 5,740 shares withheld to cover tax obligations from RSU vesting. This Form 4 event reflects a tax-related disposition, not an open-market sale of Yelp common stock.

Were Craig Saldanha’s Yelp (YELP) shares sold on the open market?

No, the 5,740 Yelp shares were not sold on the open market. They were withheld by the company to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units.

How many Yelp (YELP) shares does Craig Saldanha hold after this Form 4?

After the tax-withholding transaction, Craig Saldanha directly holds 260,895 shares of Yelp common stock. This figure reflects his remaining position following the 5,740 shares withheld to cover RSU-related tax liabilities.

What does the F code mean in Craig Saldanha’s Yelp (YELP) Form 4?

The F transaction code indicates shares were used to pay an exercise price or tax liability. In this case, 5,740 Yelp shares were withheld to satisfy tax withholding obligations from restricted stock unit vesting, rather than sold in a discretionary market trade.

What triggered the share withholding for Craig Saldanha at Yelp (YELP)?

The withholding was triggered by the vesting of certain restricted stock units previously granted to Craig Saldanha. When those RSUs vested, 5,740 shares were withheld at $22.47 per share to satisfy associated tax withholding obligations.