Form 4: YETI Holdings CEO Matthew Reintjes Reports Stock Transactions

YETI Holdings CEO Matthew Reintjes reports the disposition of shares to cover tax obligations and discloses beneficial ownership of common stock and shares held in a Spousal Lifetime Access Trust.

Summary

• On February 26, 2024, Matthew J Reintjes, the President and CEO of YETI Holdings, Inc., reported a transaction involving the disposition of 3,508 shares of common stock to satisfy tax withholding obligations.
• The shares were disposed of at a price of $38.8 per share.
• Following the transaction, Reintjes directly owns 229,893 shares of common stock, which includes 5,666 shares of restricted stock and 107,451 shares underlying restricted stock units.
• Reintjes also indirectly owns 110,000 shares through a Spousal Lifetime Access Trust (SLAT), for which he disclaims beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the disposal of shares by the CEO to cover tax obligations, which is a normal part of executive compensation.

Key Dates