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 February 26, 2024, Duff Martin, SVP of Supply Chain & Operations at YETI Holdings, Inc., had 941 shares of common stock withheld by the issuer to satisfy tax obligations.
- This was in connection with the vesting of restricted stock units previously granted to Martin.
- Following the transaction, Martin beneficially owns 29,223 shares of YETI Holdings, Inc., including 23,919 shares underlying restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding insider transactions, and has a neutral sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives receiving stock-based compensation.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives.
- The information provided is consistent with regulatory requirements for disclosing changes in beneficial ownership.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: 941 shares of common stock withheld for tax obligations. |
| 02/28/2024 | Date of signature for the Form 4 filing. |
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