YETI Insider Report: 399 Shares Withheld for Taxes; 35,357 Shares Owned
Rhea-AI Filing Summary
Duff Martin, SVP Supply Chain & Operations at YETI Holdings, Inc. (YETI), reported a non‑derivative disposition on 08/25/2025. The filing shows 399 shares were disposed (transaction code F) at $35.51 per share; the form explains these shares were withheld by the issuer to satisfy tax withholding related to vested restricted stock units.
After the reported transaction Martin beneficially owns 35,357 shares, which include 18,959 shares underlying restricted stock units that will be paid one‑for‑one in common stock upon settlement. The Form 4 was filed by one reporting person and signed by an attorney‑in‑fact on 08/27/2025.
Positive
- Insider retains substantial stake: 35,357 shares beneficially owned after the transaction, indicating continued alignment with shareholders
- Transparent disclosure: Filing explains withholding was to satisfy tax obligations from vested RSUs and uses transaction code F
Negative
- Minor reduction in direct holdings: 399 shares were disposed (withheld) to satisfy taxes
- Significant portion in unissued RSUs: 18,959 shares are underlying restricted stock units pending settlement (potential future dilution)
Insights
TL;DR: Routine tax‑withholding sale tied to RSU vesting; small share disposition, insider retains a meaningful position.
The reported 399‑share disposition at $35.51 per share is documented as shares withheld to satisfy tax obligations from RSU vesting rather than an open‑market sale, which limits signals of active selling pressure. The reporting person still beneficially owns 35,357 shares, including 18,959 RSU equivalents, indicating continued alignment with shareholder value through equity compensation. For investors, this is a routine administrative transaction without immediate implication for company fundamentals or liquidity.
TL;DR: Administrative withholding for taxes on vested awards; disclosure is clear and complies with Section 16 reporting.
The Form 4 clearly states the disposition was to satisfy tax withholding related to vested restricted stock units and uses transaction code F, consistent with guidance for such transactions. The filing identifies the reporting person, title (SVP Supply Chain & Operations), and provides post‑transaction beneficial ownership figures. Filing by one reporting person and signature by an attorney‑in‑fact meet procedural requirements. This is a routine governance disclosure with no reported derivative activity or unusual insider behavior.