Form 4: YETI CFO Michael McMullen Reports Changes in Beneficial Ownership
SEC Form 4 Filing
YETI Holdings CFO Michael McMullen reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On August 19, 2024, YETI Holdings CFO Michael John McMullen reported a change in beneficial ownership of YETI common stock.
- The transaction involved the withholding of 101 shares by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock.
- The price per share for the transaction was $40.81.
- Following the transaction, McMullen beneficially owns 48,206 shares of common stock, including 414 shares of restricted stock and 24,880 shares underlying restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors as it relates to internal executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of the transaction involving the withholding of shares for tax obligations. |
| 08/21/2024 | Date of signature for the report. |
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