Form 4: YETI CFO Michael McMullen Reports Stock Disposals for Tax Obligations
SEC Form 4
YETI Holdings CFO Michael McMullen disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 26, 2024, Michael John McMullen, CFO of YETI Holdings, Inc., reported the disposal of 834 shares of common stock to cover tax withholding obligations.
- The shares were disposed of at a price of $38.8 per share.
- Following the transaction, McMullen directly owns 49,141 shares and 48,307 shares of common stock.
- The directly owned shares include 828 shares of restricted stock and 24,880 shares underlying restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company insider, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock disposal for tax obligations. |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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