McMullen Michael John 4

What Happened
Michael John McMullen, Chief Financial Officer of YETI Holdings, had a total of 2,251 shares withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The filing shows two withholdings on Feb 17, 2026: 1,503 shares and 748 shares, each recorded at $48.01 per share, totaling approximately $108,070. This is a routine tax-withholding action (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-02-17; reported on Form 4 filed 2026-02-19 (filed within the usual reporting window).
• Prices and amounts: 1,503 shares @ $48.01 = $72,159; 748 shares @ $48.01 = $35,911; combined = 2,251 shares ≈ $108,070.
• Transaction type: F — shares withheld by issuer to satisfy tax withholding on RSU vesting (not a voluntary sale).
• Shares owned after transaction: Filing notes include 15,130 shares underlying restricted stock units that will be settled one-for-one into common shares (per footnote). The filing does not indicate an open-market disposition beyond the withholding.
• Footnotes: F1 — issuer withheld shares to satisfy tax obligations; F2 — includes 15,130 RSU shares that will convert 1:1 upon settlement.

Context
This was a cashless withholding to cover taxes on RSU vesting — a standard administrative step that reduces the number of shares delivered to the insider but does not represent a directional bet on the stock. Purchases by insiders tend to carry more informative weight about personal bullishness; tax-withholding disposals are routine and common after equity award vesting.