Form 4: YETI Holdings SVP, CLO and Secretary Bryan C. Barksdale Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bryan C. Barksdale, SVP, CLO and Secretary of YETI Holdings, Inc., reports changes in beneficial ownership of common stock due to vesting of restricted stock and tax withholding.
Summary
- On February 18, 2025, Bryan C. Barksdale, SVP, CLO and Secretary of YETI Holdings, Inc., reported changes in his beneficial ownership of the company's common stock.
- He acquired 6,353 shares of common stock related to the vesting of restricted stock based on the achievement of performance criteria, at a price of $0.
- The reporting person disposed of 1,740 shares at $38.43, 250 shares at $38.43 and 685 shares at $38.43 to cover tax withholding obligations related to the vesting of restricted stock and restricted stock units.
- Following these transactions, Barksdale directly owns 67,848 shares of YETI Holdings, Inc. common stock, which includes 23,014 shares underlying restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation. The vesting of restricted stock is a slightly positive indicator of company performance.
Positives
- The vesting of restricted stock indicates that the company achieved certain performance criteria, which is a positive signal.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock aligns executive interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 02/18/2022 | Date of original grant of restricted stock award. |
| 02/18/2025 | Date of transaction (acquisition and disposition of shares). |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.