YETI (YETI) director granted 3,719 restricted and deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCOY DUSTAN E reported acquisition or exercise transactions in this Form 4 filing.
YETI Holdings director Dustan E. McCoy received an equity award of 3,719 restricted stock units on common stock. The grant was reported at a price of $0.00 per unit, reflecting a compensation award rather than an open-market purchase. A footnote explains that each restricted stock unit represents the right to receive one share of YETI common stock.
After this award, McCoy’s direct holdings increased to 38,497 share-linked interests, including 3,719 restricted stock units and 3,155 deferred stock units, each convertible into one share of common stock in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCOY DUSTAN E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,719 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,497 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units. Includes 3,719 restricted stock units and 3,155 deferred stock units. Each restricted stock unit and deferred stock unit represents the right to receive one share of the Issuer's common stock.
Key Figures
Restricted stock units granted: 3,719 units
Grant price per unit: $0.00 per unit
Total holdings after transaction: 38,497 units
+1 more
4 metrics
Restricted stock units granted
3,719 units
Equity award on common stock
Grant price per unit
$0.00 per unit
Compensation award, not open-market purchase
Total holdings after transaction
38,497 units
Direct share-linked interests following award
Deferred stock units held
3,155 units
Each represents right to one common share
Key Terms
restricted stock units, deferred stock units, Form 4
3 terms
restricted stock units financial
"Represents restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred stock units financial
"Includes 3,719 restricted stock units and 3,155 deferred stock units."
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.
Form 4 regulatory
"The award was disclosed in a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did YETI (YETI) director Dustan McCoy report?
Director Dustan E. McCoy reported receiving 3,719 restricted stock units in YETI common stock. The award was granted at $0.00 per unit as equity compensation, not an open-market purchase, and was disclosed in a Form 4 insider filing.
What are the terms of the 3,719 restricted stock units reported by YETI (YETI)?
The 3,719 restricted stock units were granted at $0.00 per unit as part of director compensation. Each restricted stock unit represents the right to receive one share of YETI common stock in the future, subject to the company’s standard vesting and plan conditions.
Are Dustan McCoy’s YETI (YETI) transactions open-market buys or compensation awards?
The reported transaction is a compensation award, not an open-market trade. It is coded as a grant or award of 3,719 restricted stock units at $0.00 per unit, reflecting non-cash equity compensation rather than a purchase on the stock market.
What are deferred stock units mentioned in Dustan McCoy’s YETI (YETI) filing?
Deferred stock units are share-equivalent awards that convert into common stock at a later date. McCoy’s holdings include 3,155 deferred stock units, each representing the right to receive one share of YETI common stock, alongside his newly granted restricted stock units.