Form 4: YETI CEO Reintjes' Routine Share Withholding

YETI Holdings, Inc. CEO Matthew J. Reintjes reported a routine disposition of 2,063 shares to cover tax obligations related to RSU vesting.

Summary

• Matthew J. Reintjes, President and CEO, and a Director of YETI Holdings, Inc., reported a transaction on August 18, 2025.
• He disposed of 2,063 shares of YETI common stock at a price of $34.46 per share.
• This disposition was a 'tax withholding' transaction, meaning shares were withheld by the company to satisfy tax obligations upon the vesting of previously granted restricted stock units (RSUs).
• Following this transaction, Reintjes directly beneficially owns 263,130 shares of common stock, which includes 85,336 shares underlying restricted stock units.
• Additionally, 110,000 shares are indirectly held in a Spousal Lifetime Access Trust (SLAT) for the benefit of his spouse and children, though Reintjes disclaims beneficial ownership of these shares.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (shares withheld for taxes upon RSU vesting), which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• The transaction indicates the vesting of restricted stock units, which is a positive event for the executive as it represents compensation becoming liquid.

Negatives

• No direct negatives from this routine tax withholding transaction.

Risks

• No specific risks related to the company's operations or financial health were mentioned in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance were provided in this Form 4 filing, as it primarily reports a past insider transaction.

Industry Context

This Form 4 filing is a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive dynamics within the consumer goods or outdoor recreation sector.

Corporate Governance

Related Party Transactions

• 110,000 shares are held indirectly in a Spousal Lifetime Access Trust (SLAT) for the benefit of the reporting person's spouse and children. The reporting person disclaims beneficial ownership of these shares.

Stakeholder Impact

• Shareholders: The transaction is a routine insider share disposition for tax purposes and is unlikely to have a significant direct impact on shareholders. It reflects the vesting of executive compensation.
• Employees: No direct impact on employees mentioned.
• Customers: No direct impact on customers mentioned.
• Suppliers: No direct impact on suppliers mentioned.
• Creditors: No direct impact on creditors mentioned.

Next Steps

• No specific future actions, events, or milestones were mentioned in this Form 4 filing beyond the routine reporting of insider ownership changes.

Key Dates

Keywords

YETI Holdings, YETI, Matthew J. Reintjes, SEC Form 4, Insider Trading, Share Disposition, Restricted Stock Units, Tax Withholding, Corporate Governance