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[Form 4] YETI Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Michael John McMullen, Chief Financial Officer of YETI Holdings, Inc., reported a change in beneficial ownership on 08/18/2025. The filing shows a disposition coded F consisting of 454 shares of YETI common stock at a reported price of $34.46 per share, described in the form as shares withheld by the issuer to satisfy tax withholding obligations related to vested restricted stock units. After the transaction the reporting person beneficially owns 57,681 shares, which the filer states include 24,407 shares underlying restricted stock units that will settle one-for-one in common stock when paid.

Positive
  • Transparent disclosure of insider tax-withholding and remaining beneficial ownership
  • Includes explicit explanation that withheld shares satisfy tax obligations from vested RSUs
  • Shows remaining RSUs (24,407) which will convert one-for-one to common stock upon settlement
Negative
  • None.

Insights

Routine tax-withholding disposition of vested RSUs by the CFO; not a change in voting control.

The Form 4 documents a common and administrative action: shares were withheld to meet tax obligations arising from vested restricted stock units rather than an open-market sale for liquidity. The reported disposition is small relative to the total ownership disclosed and the filing explicitly notes that 24,407 RSUs remain outstanding and will convert to common shares on settlement. For investors, this is a routine insider mechanics disclosure with no new operating or strategic information about the company.

Administrative withholding of RSUs by an officer; indicates standard compensation settlement.

The report indicates compliance with Section 16 reporting for an officer-level executive and includes a power-of-attorney signature. The transaction type and explanations align with normal equity compensation practices and do not reflect a voluntary divestiture signal by management. The disclosure provides clear figures for shares withheld, per-share price, and remaining beneficial ownership, which supports transparency in insider reporting.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McMullen Michael John

(Last) (First) (Middle)
C/O YETI HOLDINGS, INC.
7601 SOUTHWEST PARKWAY

(Street)
AUSTIN TX 78735

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
YETI Holdings, Inc. [ YETI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/18/2025 F 454(1) D $34.46 57,681(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to the reporting person.
2. Includes 24,407 shares underlying restricted stock units. Upon settlement in accordance with the terms of the applicable award agreement, the restricted stock units will be paid on a one-for-one basis in shares of the Issuer's common stock.
Remarks:
Exhibit 24.1 - Power of Attorney
By: /s/ Lauren A. Hurley, as Attorney-in-Fact 08/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did YETI CFO Michael McMullen report on Form 4?

The filing reports a disposition of 454 shares on 08/18/2025 at $34.46 per share, recorded as tax withholding related to vested RSUs.

How many YETI shares does Michael McMullen beneficially own after the transaction?

The Form 4 reports 57,681 shares beneficially owned following the reported transaction.

How many restricted stock units does the filing disclose for the reporting person?

The filing discloses 24,407 restricted stock units that will be paid one-for-one in common stock upon settlement.

Does the Form 4 indicate an open-market sale by the CFO?

No; the filing explains the disposition as shares withheld by the issuer to satisfy tax withholding related to vesting, not an open-market sale.

When was the Form 4 signed and who signed it?

The Form 4 shows signature by an attorney-in-fact, Lauren A. Hurley, on 08/20/2025, on behalf of the reporting person.
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