STOCK TITAN

Yext (NYSE: YEXT) awards RSUs and performance-based PSUs to officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bond Darryl reported acquisition or exercise transactions in this Form 4 filing.

Yext, Inc. reported that officer Darryl Bond received equity awards in the form of restricted stock units and performance-based restricted stock units, each representing rights to common shares. The service-based RSUs covering 402,087 shares vest in equal installments from December 20, 2027 through September 20, 2031, as long as he remains with the company.

The performance-based RSUs covering 390,261 shares tie vesting to Yext’s average stock price reaching milestones of $12, $15, $17 and $20 per share, with earned portions vesting on quarterly dates. A separate tranche becomes eligible based on average stock prices of $9, $11, $13 and $15, vesting in sixteenth increments on Quarterly Vesting Dates after September 20, 2027, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Bond Darryl
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 402,087 $0.00 --
Grant/Award Performance-Based Restricted Stock Unit 390,261 $0.00 --
Grant/Award Performance-Based Restricted Stock Unit 390,261 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 402,087 shares (Direct); Performance-Based Restricted Stock Unit — 390,261 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of common stock of Yext, Inc. (the "Company"). One-sixteenth of shares subject to the award shall vest on December 20, 2027, and quarterly thereafter on each March 20, June 20, September 20, and December 20 (each, a "Quarterly Vesting Date"), subject to the reporting person's continued service on each such date, until the award is fully vested on September 20, 2031. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock. 25% of the shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $12, $15, $17 and $20 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest on the next Quarterly Vesting Date, subject to the reporting person's continued service on such date. 25% of the shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $9, $11, $13 and $15 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 1/16 quarterly on each Quarterly Vesting Date following September 20, 2027, subject to the reporting person's continued service on each such date.
Time-based RSU grant 402,087 units Each unit equals one share of Yext common stock
RSU final vesting date September 20, 2031 Service-based RSUs fully vest by this date
PSU grant tranche 390,261 units Performance-based RSUs tied to stock price milestones
Higher PSU price milestones $12, $15, $17, $20 Average stock price thresholds for one PSU schedule
Lower PSU price milestones $9, $11, $13, $15 Average stock price thresholds for another PSU schedule
First RSU vesting date December 20, 2027 One-sixteenth of RSUs vest on this date
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of common stock of Yext, Inc."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Performance-Based Restricted Stock Unit financial
"Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock."
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
Quarterly Vesting Date financial
"vest on December 20, 2027, and quarterly thereafter on each March 20, June 20, September 20, and December 20 (each, a "Quarterly Vesting Date")"
average stock price financial
"based on the Company's average stock price trading at each of the following milestones"
SEC Form 4
FORM 4UNITED 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*
Bond Darryl

(Last)(First)(Middle)
C/O YEXT, INC.
61 NINTH AVENUE

(Street)
NEW YORK NEW YORK 10011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Yext, Inc. [ YEXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)04/16/2026A402,087 (2) (2)Common Stock402,087$0402,087D
Performance-Based Restricted Stock Unit(3)04/16/2026A390,261 (4) (4)Common Stock390,261$0390,261D
Performance-Based Restricted Stock Unit(3)04/16/2026A390,261 (5) (5)Common Stock390,261$0390,261D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of common stock of Yext, Inc. (the "Company").
2. One-sixteenth of shares subject to the award shall vest on December 20, 2027, and quarterly thereafter on each March 20, June 20, September 20, and December 20 (each, a "Quarterly Vesting Date"), subject to the reporting person's continued service on each such date, until the award is fully vested on September 20, 2031.
3. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock.
4. 25% of the shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $12, $15, $17 and $20 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest on the next Quarterly Vesting Date, subject to the reporting person's continued service on such date.
5. 25% of the shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $9, $11, $13 and $15 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 1/16 quarterly on each Quarterly Vesting Date following September 20, 2027, subject to the reporting person's continued service on each such date.
Remarks:
Chief Financial Officer, Chief Administrative Officer
/s/ Ho Shin, Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
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 equity awards did Yext (YEXT) grant to Darryl Bond?

Yext granted Darryl Bond restricted stock units and performance-based restricted stock units, each unit representing one share of common stock. The awards combine time-based vesting and stock price performance milestones to align his compensation with long-term shareholder value creation.

How do the time-based RSUs for Yext (YEXT) Darryl Bond vest?

The time-based restricted stock units covering 402,087 shares vest one-sixteenth on December 20, 2027, then quarterly on March 20, June 20, September 20, and December 20. Vesting continues until full vesting on September 20, 2031, subject to ongoing service.

What stock price milestones affect Yext (YEXT) performance-based RSUs at $12–$20?

For one PSU tranche, 25% of shares become eligible to vest at each average stock price milestone of $12, $15, $17, and $20 per share. Once a threshold is reached, that portion vests on the next Quarterly Vesting Date if Bond remains in service.

How do the Yext (YEXT) PSUs tied to $9–$15 price levels vest?

For another PSU tranche, 25% of shares become eligible at each average stock price milestone of $9, $11, $13, and $15 per share. Once achieved, the related shares vest in 1/16 installments on Quarterly Vesting Dates after September 20, 2027, contingent on continued service.

Does the Yext (YEXT) Form 4 show any insider share sales by Darryl Bond?

The Form 4 reports acquisitions of restricted stock units and performance-based restricted stock units by Darryl Bond, not open-market purchases or sales. The awards are compensation-related grants with no transaction price per share reported and no sales indicated in this data.