{"schema_version":"secwatch.filing_event.v1","accession":"0001614178-24-000003","form_type":"8-K","ticker":"YEXT","cik":"0001614178","company_name":"Yext, Inc.","filed_at":"2024-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.809536+00:00","generated_at":"2026-06-06T23:16:08.457915+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Yext grants CEO Michael Walrath 1.25M performance-based RSUs, adds severance package","bullets":["1,250,000 PSUs at target granted, vesting based on TSR vs S&P Software & Services Index over two periods through Mar 2025 and Mar 2026.","PSUs can vest from 0% (TSR below 40th percentile) to 200% (at 75th percentile); linear interpolation between thresholds.","CEO receives no cash compensation; no additional equity grants planned for fiscal 2025.","New severance: $250k over 6 months plus $500k prorated lump sum plus COBRA up to 6 months if terminated without cause (not change of control)."],"urls":{"canonical":"https://secwatch.observer/filing/0001614178-24-000003","json":"https://secwatch.observer/filing/0001614178-24-000003.json","markdown":"https://secwatch.observer/filing/0001614178-24-000003.md","text":"https://secwatch.observer/filing/0001614178-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1614178/000161417824000003/0001614178-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1614178/000161417824000003/yext-20240112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:16:08.457915+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}