David A. Schwarzbach, Chief Financial Officer of Yelp Inc., filed a Form 4 on August 24, 2026, disclosing two transactions in Yelp common stock dated August 20 and August 21, 2026.

Key Highlights

  • Tax withholding disposition: 10,013 shares were withheld on August 20, 2026, at $23.60 per share to satisfy tax obligations connected to RSU vesting.
  • Plan-based sale: 8,809 shares were sold on August 21, 2026, at a weighted average price of $23.1938, pursuant to a 10b5-1 trading plan.
  • Sale price range: The August 21 shares sold in multiple transactions at prices ranging from $23.03 to $23.49, inclusive.
  • 10b5-1 plan date: The trading plan was adopted by the reporting person on May 22, 2026.
  • Remaining ownership: Following both transactions, Schwarzbach directly held 180,466 shares of Yelp common stock.
  • Filing exchange and ticker: The issuer is identified in the filing as YELP INC trading under NYSE:YELP.

Yelp CFO Schwarzbach Discloses Two August 2026 Common Stock Transactions

According to the Form 4 filed August 24, 2026, David A. Schwarzbach, identified as Chief Financial Officer of Yelp Inc. (NYSE:YELP), reported two separate transactions in the company's common stock. The first, dated August 20, 2026, involved the disposition of 10,013 shares under transaction code "F," at a price of $23.60 per share. The filing states this represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain restricted stock units (RSUs), which were previously reported in Table I following the date of grant. Following that transaction, Schwarzbach directly held 189,275 shares.

The second transaction, dated August 21, 2026, involved the sale of 8,809 shares under transaction code "S." The filing reports a weighted average sale price of $23.1938, with the shares sold in multiple transactions at prices ranging from $23.03 to $23.49, inclusive. The filing notes that complete information on shares sold at each separate price is available upon request from the SEC Staff, the issuer, or a security holder. This sale was made pursuant to a 10b5-1 trading plan that the reporting person adopted on May 22, 2026. After this sale, Schwarzbach's direct beneficial ownership stood at 180,466 shares.

Both transactions are recorded as direct ownership. The Form 4 was signed by Elizabeth Prosser as Attorney-in-Fact on August 24, 2026. The filing indicates that the August 21 sale satisfies the affirmative defense conditions of Rule 10b5-1(c), as indicated by the checked box on the form.

What Was Disclosed

Yelp's CFO disclosed two transactions totaling 18,822 shares disposed of: 10,013 shares withheld for RSU tax obligations on August 20, 2026, and 8,809 shares sold under a pre-established 10b5-1 plan on August 21, 2026, leaving direct ownership of 180,466 shares.