Form 4: YETI Holdings SVP Duff Martin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
YETI Holdings' SVP of Supply Chain & Operations, Duff Martin, reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 26, 2024, Duff Martin, SVP of Supply Chain & Operations at YETI Holdings, Inc., had 399 shares of common stock withheld by the issuer to satisfy tax obligations.
- This was related to the vesting of previously granted restricted stock units.
- Following the transaction, Martin directly owns 28,123 shares of YETI common stock, which includes 20,096 shares underlying restricted stock units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard executive compensation practices. It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves the withholding of shares for tax purposes related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of transaction: Shares withheld for tax obligations related to vesting restricted stock units. |
| 08/28/2024 | 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.