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YETI Form 4: CFO McMullen 834-Share Disposition; 20,983 RSUs Outstanding

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

YETI Holdings insider filing: Michael John McMullen, Chief Financial Officer, reported a transaction on 08/25/2025 disposing of 834 shares of YETI common stock at a price of $35.51 per share. After the reported disposition, he beneficially owns 56,847 shares in total. The filing notes that 834 shares were withheld by the issuer to satisfy tax withholding in connection with the vesting of previously granted restricted stock units. The filing also discloses that the total beneficial ownership includes 20,983 shares underlying restricted stock units that will settle one-for-one in common stock when paid.

Positive

  • Transparent disclosure of the tax-withholding share disposition related to RSU vesting
  • Clear reporting of total beneficial ownership including the number of RSUs (20,983) that will convert one-for-one to common stock

Negative

  • None.

Insights

TL;DR: CFO sold a small block of shares to satisfy tax withholding; remaining ownership includes vested and unvested RSUs totaling 56,847 shares.

The filing shows a dispositive transaction of 834 shares at $35.51 on 08/25/2025 recorded as a disposition and described as shares withheld for tax withholding related to RSU vesting. Post-transaction beneficial ownership is 56,847 shares, including 20,983 RSUs that remain outstanding and will convert one-for-one upon settlement. This is a routine compensatory withholding event, not an open-market sell instruction documented here; the filing provides no information about any additional sales, purchases, or a trading plan.

TL;DR: Disclosure is standard for executive equity compensation taxation; filing contains clear attribution of withheld shares.

The Form 4 clearly attributes the 834-share disposition to tax withholding tied to RSU vesting and identifies the reporting person as the CFO. The report includes both direct beneficial ownership and the number of RSUs outstanding (20,983) that will convert to shares. There are no indications in this filing of policy breaches, related-party transfers, or material governance concerns. The signature is provided by an attorney-in-fact, consistent with authorized filing practice.

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)
08/25/2025
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 08/25/2025 F 834(1) D $35.51 56,847(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 20,983 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.
By: /s/ Lauren A. Hurley, as Attorney-in-Fact 08/27/2025
** 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 did YETI CFO Michael McMullen report on Form 4 (YETI)?

He reported a disposition of 834 shares on 08/25/2025 at $35.51 per share, with post-transaction beneficial ownership of 56,847 shares.

Why were 834 YETI shares disposed of according to the Form 4?

The filing explains the 834 shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units.

How many restricted stock units does the CFO have outstanding in YETI?

The filing states there are 20,983 shares underlying restricted stock units that will be paid one-for-one in YETI common stock upon settlement.

When was the transaction reported on the Form 4 for YETI?

The transaction date is 08/25/2025, and the Form 4 is signed and dated by an attorney-in-fact on 08/27/2025.

Does the Form 4 show any other purchases or sales by the CFO?

No. The filing only discloses the single disclosed disposition of 834 shares and the resulting beneficial ownership; no other transactions are reported.
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