[Form 4] YETI Holdings, Inc. Insider Trading Activity
Matthew J. Reintjes, President, CEO and Director of YETI Holdings, Inc. (YETI), reported a transaction dated 08/18/2025 on Form 4. The filing shows 2,063 shares of common stock were disposed of through withholding to satisfy tax obligations at a price of $34.46 per share in connection with the vesting of previously granted restricted stock units (RSUs). After the transaction, the reporting person beneficially owns 263,130 shares, which include 85,336 shares underlying outstanding RSUs payable one-for-one upon settlement. The filing also discloses 110,000 shares held in a Spousal Lifetime Access Trust (SLAT) for the benefit of the reporting person’s spouse and children; the reporting person disclaims beneficial ownership of those SLAT shares. The Form 4 was signed via attorney-in-fact on 08/20/2025.
- Timely and detailed disclosure of the tax-withholding transaction on vested RSUs, fulfilling Section 16 reporting requirements
- Substantial retained ownership: reporting person beneficially owns 263,130 shares, including 85,336 RSU-linked shares, indicating continued economic exposure
- Small reduction in direct holdings due to 2,063 shares withheld to satisfy taxes
Insights
TL;DR: Routine tax-withholding on vested RSUs; disclosure aligns with Section 16 reporting requirements and shows continued executive ownership.
The transaction represents a common administrative disposition where the issuer withholds shares to cover tax liabilities arising from RSU vesting. This does not indicate an active sale by the executive for liquidity or signaling purposes, and the reporting person still retains a substantial stake: 263,130 shares plus 110,000 SLAT-held shares (disclaimed). From a governance perspective, timely Form 4 filing and clear description of the SLAT arrangement satisfy disclosure norms and mitigate ambiguity about beneficial ownership.
TL;DR: Small share withholding to satisfy taxes; immaterial to overall ownership but important for accurate insider position tracking.
The withheld 2,063 shares at $34.46 reduce direct holdings marginally relative to the total reported beneficial position. Inclusion of 85,336 RSU-linked shares in the beneficial ownership count clarifies future potential share settlement. The SLAT disclosure explains indirect holdings and the reporting person’s disclaimer, which helps investors and analysts correctly count voting and economic interests when modeling insider alignment.