Insider Report: YETI CEO Retains 261,376 Shares; 1,754 Withheld for RSU Taxes
Rhea-AI Filing Summary
YETI Holdings Form 4: The company's President and CEO, Matthew J. Reintjes, reported a transaction dated 08/25/2025. The filing shows 1,754 shares were disposed at a price of $35.51, which the issuer explains were withheld to satisfy tax withholding on vested restricted stock units. After the reported transactions, the reporting person beneficially owns 261,376 shares, which include 80,879 shares underlying restricted stock units that will convert one-for-one to common shares upon settlement. Additionally, 110,000 shares are held indirectly in a Spousal Lifetime Access Trust (SLAT), of which the reporting person disclaims beneficial ownership.
Positive
- Significant retained ownership: Reporting person beneficially owns 261,376 shares, indicating continued alignment with shareholders
- RSU pipeline disclosed: Includes 80,879 shares underlying restricted stock units that will convert one-for-one on settlement
- Transparent estate planning disclosure: 110,000 shares held in a SLAT with disclaimer of beneficial ownership and trustee identified
Negative
- Disposition of 1,754 shares on 08/25/2025 at $35.51, although disclosed as tax withholding, reduces the reporting person's direct share count
Insights
TL;DR: Routine tax-withholding disposition from RSU vesting; substantial remaining equity stake retained, limited market impact.
The disposition of 1,754 shares at $35.51 is disclosed as shares withheld to satisfy tax obligations related to previously granted restricted stock units, not an open-market sale. The reporting person still beneficially owns 261,376 shares, including 80,879 RSU-equivalent shares that will settle into common stock. Holding an indirect 110,000-share position in a SLAT signals ongoing family wealth planning rather than a reduction in economic exposure. Overall, this filing reflects routine compensation settlement activity rather than a change in control or a liquidity-driven exit.
TL;DR: Insider activity is consistent with compensation mechanics; disclosures and SLAT structure are standard governance practices.
The filing identifies Matthew J. Reintjes as both Director and President/CEO, and properly discloses the tax-withholding disposition tied to vested RSUs. The SLAT holding of 110,000 shares is disclosed with a disclaimer of beneficial ownership, and the trustee is the reporting person’s spouse—this is a common estate-planning structure and is transparently reported. No unexplained transfers or open-market sales are present, and the signature by attorney-in-fact indicates procedural compliance.