Yelp COO Joseph R. Nachman sold 10,333 shares of the company's stock on August 20, 2026. According to the Form 4 filing with the U.S. Securities and Exchange Commission (SEC), this transaction was not discretionary but was executed to satisfy tax withholding requirements triggered by the vesting of restricted stock units (RSUs), and therefore does not reflect the insider's view on the company's valuation. Following the transaction, Nachman directly holds 250,993 shares of common stock, representing approximately 0.46% of the company's total outstanding shares.