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YELPYelp Inc · Insider ownership research

Yelp Inc insiders sold $17.1M in the past 12 months. How much of their stake is that?

100% was sold under disclosed trading plans. The largest seller, Jeremy Stoppelman (Chief Executive Officer, Director), sold $11.8M. 71% of these sales were shares from exercising options.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$11.8M
largest seller, Jeremy Stoppelman, past 12 months
100%
of sales were under disclosed trading plans, past 12 months
9 of 16
officers and directors sold shares, past 12 months
Is this normal? In line with the past 5 years. 9 insiders sold; the average is 5 a year. Year by year
Latest filing: Filed Oct 5 for a tax withholding on Oct 1. Jeremy Stoppelman had 20K shares withheld by the company for taxes. Filing
SEC ownership filings: 88 filed in the 12 months to Oct 16, 2026; 1,367 on record since Mar 1, 2012 · See the evidence

What stands out

Routine activity: 100% of sales were under disclosed plans, and no insider sold more than 1% of vested holdings.

A share of stake is shown for 0 of the 9 officers and directors who sold. 16 are left out

i
Left out: Jeremy Stoppelman, Joseph Nachman, Craig Saldanha, David Schwarzbach, Sam Eaton, Diane Irvine, Carmen Amara, Robert Gibbs, Fred Anderson, Christine Barone, Sharon Rothstein, Royce Wells, Dan Jedda, Logan Green, Ramesh Kuduvalli and Alexander Levy (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Jeremy Stoppelman
Chief Executive Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$11.8MDisclosed plan
Joseph Nachman
Chief Operating Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.8MDisclosed plan
David Schwarzbach
Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.5MDisclosed plan
Carmen Amara
Chief People Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$872KDisclosed plan
Christine Barone
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$806KDisclosed plan
All 9 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planOne dollar scale for every month; the tallest bar is labeled
Oct 2025: $50K under a disclosed planOctNov 2025: $561K under a disclosed planNovDec 2025: $1.6M under a disclosed planDecJan 2026: $9.6M under a disclosed plan$9.6MJanFeb 2026: $2.7M under a disclosed planFebMar 2026: $524K under a disclosed planMarApr 2026: $229K under a disclosed planAprMay 2026: $45K under a disclosed planMayJun 2026: $616K under a disclosed planJunJul 2026: $777K under a disclosed planJulAug 2026: $415K under a disclosed planAugSep 2026: $11K under a disclosed planSepOct 2026: $9K under a disclosed planOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026
Oct 1, 2026Jeremy Stoppelman had 20K shares ($371K) withheld by the company for taxes (not a market sale).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Jeremy Stoppelman
Chief Executive Officer, Director
20,481$18.11n/an/aOct 1, 2026Oct 5, 2026
Oct 1, 2026Carmen Amara sold 500 shares ($9K) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Carmen Amara
Chief People Officer
500$18.60n/an/aOct 1, 2026Oct 5, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Outside holders, reported separately

Fred Anderson reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Yelp Inc CEO selling stock?

Yes. Jeremy Stoppelman sold 426K shares ($11.8M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Yelp Inc insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any Yelp Inc insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold9 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Jeremy Stoppelman
Chief Executive Officer, Director
$11.8M
426K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Joseph Nachman
Chief Operating Officer
$1.8M
62K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
David Schwarzbach
Chief Financial Officer
$1.5M
57K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Carmen Amara
Chief People Officer
$872K
32K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Christine Barone
Director
$806K
31K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Craig Saldanha
Chief Product Officer
$233K
8.4K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Alexander Levy
Chief Technology Officer
$90K
3.8K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Dan Jedda
Director
$31K
1.5K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Sam Eaton
Chief Technology Officer
$6K
195 shares
Not confirmed
share of stake is being verified. Why
Disclosed plan

Board members representing outside shareholders, reported separately: Fred Anderson. Details

The full ownership picture0 of 16 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Jeremy Stoppelman
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jeremy Stoppelman are complete.
Chief Executive Officer, Director
n/a−426Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jeremy Stoppelman

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jeremy Stoppelman are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−116Kwithheld by the company for taxes
Joseph Nachman
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Joseph Nachman are complete.
Chief Operating Officer
n/a−62Kn/an/a
Vesting, gifts, unvested awards and holding lines for Joseph Nachman

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Joseph Nachman are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−52Kwithheld by the company for taxes
Craig Saldanha
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Craig Saldanha are complete.
Chief Product Officer
n/a−8.4Kn/an/a
Vesting, gifts, unvested awards and holding lines for Craig Saldanha

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Craig Saldanha are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−24Kwithheld by the company for taxes
David Schwarzbach
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Schwarzbach are complete.
Chief Financial Officer
n/a−57Kn/an/a
Vesting, gifts, unvested awards and holding lines for David Schwarzbach

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Schwarzbach are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−50Kwithheld by the company for taxes
Sam Eaton
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Sam Eaton are complete.
Chief Technology Officer
n/a−195n/an/a
Vesting, gifts, unvested awards and holding lines for Sam Eaton

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sam Eaton are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−52Kwithheld by the company for taxes
Diane Irvine
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Diane Irvine are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Diane Irvine

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Diane Irvine are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Carmen Amara
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Carmen Amara are complete.
Chief People Officer
n/a−32Kn/an/a
Vesting, gifts, unvested awards and holding lines for Carmen Amara

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Carmen Amara are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−30Kwithheld by the company for taxes
Robert Gibbs
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Gibbs are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Gibbs

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Gibbs are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Fred Anderson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Fred Anderson are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Fred Anderson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Fred Anderson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Christine Barone
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Christine Barone are complete.
Director
n/a−31Kn/an/a
Vesting, gifts, unvested awards and holding lines for Christine Barone

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Christine Barone are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Sharon Rothstein
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Sharon Rothstein are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Sharon Rothstein

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sharon Rothstein are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Royce Wells
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Royce Wells are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Royce Wells

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Royce Wells are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Dan Jedda
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Dan Jedda are complete.
Director
n/a−1.5Kn/an/a
Vesting, gifts, unvested awards and holding lines for Dan Jedda

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dan Jedda are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Logan Green
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Logan Green are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Logan Green

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Logan Green are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ramesh Kuduvalli
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ramesh Kuduvalli are complete.
Chief Product Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Ramesh Kuduvalli

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ramesh Kuduvalli are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Alexander Levy
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Alexander Levy are complete.
Chief Technology Officer
n/a−3.8Kn/an/a
Vesting, gifts, unvested awards and holding lines for Alexander Levy

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Alexander Levy are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2.5Kwithheld by the company for taxes

Holdings and share of stake for Yelp Inc are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$17.1M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $17.1M across 621,572 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Taxes

325,639 shares ($7.4M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Jeremy Stoppelman
Chief Executive Officer, Director
426K$11.8M100%69%Jan 15, 2026 to Feb 5, 2026
Joseph Nachman
Chief Operating Officer
62K$1.8M100%10%Nov 6, 2025 to Aug 3, 2026
David Schwarzbach
Chief Financial Officer
57K$1.5M100%9%Nov 26, 2025 to Aug 21, 2026
Carmen Amara
Chief People Officer
32K$872K100%5%Oct 27, 2025 to Oct 1, 2026
Christine Barone
Director
31K$806K100%5%Dec 3, 2025 to Jun 1, 2026
Craig Saldanha
Chief Product Officer
8.4K$233K100%1%Nov 3, 2025 to May 1, 2026
Alexander Levy
Chief Technology Officer
3.8K$90K100%0.5%Aug 24, 2026 to Aug 24, 2026
Dan Jedda
Director
1.5K$31K100%0.2%Feb 23, 2026 to Feb 23, 2026
Sam Eaton
Chief Technology Officer
195$6K100%0.0%Dec 2, 2025 to Dec 2, 2025

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$50K$50K$0$0
Nov 2025$561K$561K$0$0
Dec 2025$1.6M$1.6M$0$0
Jan 2026$9.6M$9.6M$0$0
Feb 2026$2.7M$2.7M$0$0
Mar 2026$524K$524K$0$0
Apr 2026$229K$229K$0$0
May 2026$45K$45K$0$0
Jun 2026$616K$616K$0$0
Jul 2026$777K$777K$0$0
Aug 2026$415K$415K$0$0
Sep 2026$11K$11K$0$0
Oct 2026$9K$9K$0$0
Board members representing outside shareholders (1)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Fred Anderson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Fred Anderson are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Fred Anderson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Fred Anderson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 9 insiders sold; the average is 5 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
622K9$17.1M
Oct 16, 2025
1 year earlier
343K6$12.2M
Oct 16, 2024
2 years earlier
256K5$10.6M
Oct 17, 2023
3 years earlier
895K5$28.4M
Oct 17, 2022
4 years earlier
135K4$4.4M
Oct 17, 2021
5 years earlier
1.81M6$57.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty16 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Yelp Inc are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,367 filings on record, 88 filed in the 12-month period, and how we read them

All 1,367 Forms 3, 4 and 5 on record for Yelp Inc (SEC CIK 1345016), filed from Mar 1, 2012 to Oct 5, 2026; 88 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (25)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Chris TerrillJun 17, 202424,329 shares, last reported balance as of Jun 13, 2024
George HuJun 13, 202330,974 shares, last reported balance as of Jun 9, 2023
YELP INCNov 22, 2022186,273 shares, last reported balance as of Nov 20, 2022
Miriam WarrenMar 14, 202240,209 shares, last reported balance as of Mar 10, 2022
Laurence WilsonNov 23, 2021160,049 shares, last reported balance as of Nov 22, 2021
Vivek PatelNov 23, 202198,387 shares, last reported balance as of Nov 23, 2021
Brian SharplesJun 7, 202118,193 shares, last reported balance as of Jun 3, 2021
Carolyn PattersonMay 28, 202169,785 shares, last reported balance as of May 28, 2021
James MilnFeb 5, 202036,690 shares, last reported balance as of Feb 3, 2020
Charles BakerAug 21, 2019126,877 shares, last reported balance as of Aug 20, 2019
Alan RamsayMay 22, 201928,966 shares, last reported balance as of May 20, 2019
Mariam NaficyMar 5, 20191,136 shares, last reported balance as of Mar 1, 2019
Geoffrey DonakerFeb 28, 2019745,935 shares, last reported balance as of Feb 26, 2019
Peter FentonMar 5, 2018247,758 shares, last reported balance as of Mar 1, 2018
Jeremy LevineMar 5, 2018100,887 shares, last reported balance as of Mar 1, 2018
Peter FentonMar 5, 20181,000,000 shares, last reported balance as of Dec 4, 2013
Michael StoppelmanFeb 23, 2017117,647 shares, last reported balance as of Feb 22, 2017
Max LevchinSep 26, 2016821,437 shares, last reported balance as of Sep 22, 2016
Robert KrolikFeb 25, 201649,908 shares, last reported balance as of Feb 23, 2016
Deer VI & Co. LLCSep 3, 20138,679,454 shares, last reported balance as of Dec 7, 2012
Elevation Partners, L.P.Aug 15, 20132,901,991 shares, last reported balance as of Aug 14, 2013
Keith RaboisJul 2, 2013No balance on record
Benchmark Capital Management Co. V, L.L.C.May 21, 201314,953,137 shares, last reported balance as of May 17, 2013
Mitchell LaskyMay 21, 201314,199,277 shares, last reported balance as of May 17, 2013
Bruce DunlevieMar 21, 2013No balance on record

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