Director at YETI Holdings (NYSE: YETI) granted 3,719 deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
YETI Holdings, Inc. director Arne Arens reported an equity grant rather than an open-market trade. He received 3,719 shares of Common Stock at a price of $0.00 per share, described as a grant, award, or other acquisition of stock-based compensation.
Following this award, Arens directly holds 9,632 shares of YETI common stock. The filing also notes an additional 1 share held indirectly as custodian for a child. A footnote explains that the award represents deferred stock units, each convertible into one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Arens Arne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,719 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,632 shares (Direct, null);
Common Stock — 1 shares (Indirect, As custodian for child)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 3,719 shares
Grant price: $0.00 per share
Direct holdings after grant: 9,632 shares
+1 more
4 metrics
Equity grant
3,719 shares
Grant, award, or other acquisition of Common Stock
Grant price
$0.00 per share
Price for 3,719-share equity grant
Direct holdings after grant
9,632 shares
Total YETI common stock directly owned by Arne Arens after transaction
Indirect holdings
1 share
Held as custodian for child
Key Terms
deferred stock units, grant, award, or other acquisition, indirect ownership
3 terms
deferred stock units financial
"Represents deferred stock units. Each deferred stock unit represents the right to receive one share"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: As custodian for child"
FAQ
What insider transaction did YETI (YETI) director Arne Arens report?
Arne Arens reported receiving an equity grant of 3,719 shares of YETI common stock at $0.00 per share. The filing classifies this as a grant, award, or other acquisition, indicating stock-based compensation rather than an open-market purchase or sale.
What does the deferred stock unit footnote mean in the YETI (YETI) Form 4?
The footnote states the award represents deferred stock units, each equal to one YETI common share. This means Arens has rights to receive one share of common stock for each unit, aligning the grant with future share delivery rather than immediate cash compensation.