[Form 4] YETI Holdings, Inc. Insider Trading Activity
Duff Martin, SVP Supply Chain & Operations at YETI Holdings, Inc. (YETI), reported a transaction dated 08/18/2025 showing 35,756 shares of common stock beneficially owned after the reported transaction. The Form 4 indicates shares were disposed to satisfy tax withholding in connection with the vesting of previously granted restricted stock units; the reported withholding transaction shows a price of $34.46. The filing notes that 20,346 of the reported shares are underlying restricted stock units that will be paid one-for-one in common stock upon settlement. The Form 4 was signed by an attorney-in-fact on 08/20/2025.
- Continued ownership alignment: Reporting person retains 35,756 shares, including 20,346 RSUs that will convert one-for-one to common stock.
- Transparent disclosure: The Form 4 clearly states the withholding was for tax obligations related to RSU vesting and provides the withholding price ($34.46).
- Share reduction via withholding: Shares were disposed (withheld) to satisfy tax obligations, reducing immediate free-floating shares held by the reporting person.
Insights
TL;DR: Routine tax-withholding on vested RSUs; insider still holds substantial equity exposure.
The Form 4 reflects a common administrative transaction where shares were withheld to satisfy tax obligations arising from RSU vesting. The net beneficial ownership of 35,756 shares includes 20,346 RSUs not yet settled, indicating continued equity alignment between the officer and shareholders. The transaction price reported ($34.46) is the withholding valuation; no open-market sale or purchase code other than withholding is reported. This disclosure is standard and not indicative of a change in control or material shift in ownership.
TL;DR: Administrative withholding disclosed; governance disclosure norms met.
The filing properly discloses the disposition of shares for tax withholding related to RSU vesting and identifies the reporting person and role. It states the number of underlying RSUs and the one-for-one settlement term. The Form 4 is signed by an authorized attorney-in-fact, fulfilling signature requirements. There are no indications of unusual compensation practices or related-party transactions in this filing alone.