Form 4: YETI Holdings Director Gifts Shares to Family Trust, Corrects Previous Reporting Error

Director Frank D. Gibeau of YETI Holdings, Inc. gifted shares to a family trust and corrected an error in previously reported holdings.

Summary

• On May 7, 2025, Frank D. Gibeau, a director of YETI Holdings, Inc., gifted 4,077 shares of common stock to a family trust.
• The gift was made to a trust for the benefit of Gibeau's children.
• Following the transaction, Gibeau directly owns 11,789 shares of common stock.
• Gibeau also indirectly owns 13,385 shares through the family trust.
• The report also corrects an inadvertent error in the number of shares previously reported as directly held by Gibeau, reducing the amount by 13,385 shares.
• Gibeau's direct holdings include 5,467 restricted stock units and 6,322 deferred stock units, each representing the right to receive one share of YETI's common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a gift of shares and a correction of a previous error. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are routine and provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The gift of shares to a family trust and the correction of a reporting error are unlikely to have a significant impact on stakeholders.

Key Dates

Keywords

YETI Holdings, Form 4, Beneficial Ownership, Director, Gifting Shares, Family Trust, Stock Units, Correction