Form 4: YETI Holdings SVP, CLO and Secretary Bryan C. Barksdale Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Bryan C. Barksdale, SVP, CLO and Secretary of YETI Holdings, Inc., reports acquisition of 9,074 common stock shares and adjustments to derivative security holdings.

Summary

  • On February 14, 2025, Bryan C. Barksdale, SVP, CLO and Secretary of YETI Holdings, Inc., reported changes in beneficial ownership.
  • Barksdale acquired 9,074 shares of common stock at $0.
  • Following the transaction, Barksdale beneficially owns 64,170 shares of common stock, which includes 840 shares of restricted stock and 25,826 shares underlying restricted stock units.
  • One-third of the restricted stock units will vest on February 14, 2026, and one-sixth will vest on each of the first four six-month anniversaries thereafter.
  • Each restricted stock unit represents the right to receive one share of YETI's common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions and holdings.

Positives

  • The acquisition of shares by a company officer can sometimes be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The document outlines the vesting schedule for restricted stock units, indicating future equity compensation for the reporting person.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing is specific to YETI Holdings and its executive, Bryan C. Barksdale.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
  • The vesting schedule of restricted stock units is a common method of equity compensation, aligning executive interests with long-term shareholder value.

Stakeholder Impact

  • Shareholders may view the insider's stock acquisition as a sign of confidence in the company's prospects.

Key Dates

DateDescription
02/14/2025Date of transaction: Acquisition of common stock and adjustments to derivative security holdings.
02/14/2026Vesting date for one-third of the restricted stock units.
02/19/2025Date of signature on the Form 4 filing.

Keywords

YETI Holdings, beneficial ownership, Form 4, Barksdale, restricted stock units, common stock, securities

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