Form 4: YETI Holdings CFO Michael McMullen Reports Stock Transaction
SEC Form 4 Filing
YETI Holdings CFO Michael McMullen reports the disposal of 834 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 26, 2024, Michael John McMullen, CFO of YETI Holdings, Inc., disposed of 834 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $40.94 per share.
- Following the transaction, McMullen directly owns 47,372 shares, including 414 shares of restricted stock and 21,456 shares underlying restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock transaction: disposal of 834 shares. |
| 08/28/2024 | Date of signature on the Form 4 filing. |
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