Form 4: YETI Holdings Director, Robert Katz, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert Katz, a director at YETI Holdings, filed a Form 4 disclosing the acquisition and disposal of common stock and restricted stock units on May 1, 2025.
Summary
- On May 1, 2025, Robert A. Katz, a director of YETI Holdings, Inc., reported changes in his beneficial ownership of the company's securities.
- The transactions involved the acquisition of 5,467 shares of common stock and the disposal of an unspecified number of shares.
- These transactions included restricted stock units, each representing the right to receive one share of YETI's common stock.
- Following the reported transactions, Katz beneficially owns 10,408 shares, including 5,467 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Comparison to Industry Standards
- Form 4 filings are a routine part of corporate governance and are required by the SEC for insiders of publicly traded companies like YETI Holdings.
- Similar filings are made by insiders at comparable companies such as Vista Outdoor, Newell Brands, and Columbia Sportswear, whenever they trade in their company's stock.
- The level of detail and the requirement to disclose transactions promptly are consistent across all companies subject to Section 16 of the Securities Exchange Act of 1934.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
- It helps stakeholders understand the actions of key personnel and their alignment with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of earliest transaction (acquisition and disposal of securities). |
| 05/01/2025 | Date of Power of Attorney execution. |
| 05/05/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, YETI Holdings, Robert Katz, Securities, Director, Stock, Restricted Stock Units
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