YETI.NYSEYeti Holdings, INC

4/A: YETI Holdings CEO Matthew Reintjes Corrects Stock Unit Grant in Amended SEC Filing

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SEC Filing (Form 4/A)

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Matthew Reintjes, President and CEO of YETI Holdings, files an amendment to a previous SEC Form 4 to correct the number of restricted stock units granted.

Summary

  • This is an amendment to a previous SEC Form 4 filing by Matthew J Reintjes, the President and CEO of YETI Holdings, Inc.
  • The amendment corrects the number of restricted stock units (RSUs) granted to Reintjes on February 16, 2024.
  • The corrected filing shows that Reintjes was granted 31,442 restricted stock units.
  • These RSUs vest over time, with one-third vesting on February 16, 2025, and the remaining units vesting in equal installments every six months thereafter.
  • As of March 8, 2024, Reintjes directly beneficially owns 198,452 shares, including 5,666 shares of restricted stock and 76,010 shares underlying restricted stock units.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error, so it doesn't significantly impact sentiment. It shows transparency and adherence to regulations.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The correction of the stock unit grant ensures accurate reporting to shareholders.

Key Dates

DateDescription
02/16/2024Date of the original transaction (grant of restricted stock units).
02/16/2025First vesting date for one-third of the restricted stock units.
02/21/2024Date of original filing.
03/08/2024Date of the amended filing and the date for the amount of securities beneficially owned.

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