Barksdale Bryan C. 4
Research Summary
AI-generated summary
YETI SVP Bryan C. Barksdale Receives Restricted Stock Units
What Happened
- Bryan C. Barksdale, SVP, Chief Legal Officer and Secretary of YETI Holdings (YETI), received awards of restricted stock units that settled into 40,814 shares on February 20, 2026 (three award line items: 16,632, 16,632 and 7,550 shares). These awards were reported as acquisitions at $0.00 per share (awards/grants).
- To satisfy tax withholding obligations, 13,140 shares (two withholding entries of 6,570 shares each) were tendered/withheld and reported as disposed at $47.68 per share, totaling approximately $626,516.
Key Details
- Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (filed within the normal 2‑business‑day window).
- Prices reported: Awards acquired at $0.00 (RSU settlement); shares withheld for taxes disposed at $47.68 each (total ~ $626,516).
- Shares acquired (total): 40,814 RSU shares settled. Shares disposed for tax withholding: 13,140.
- Shares owned after transaction: Not stated in the reported transactions.
- Relevant footnotes:
- F1: Part of these shares derive from a performance-based RSU award granted Feb 24, 2023; the Compensation Committee certified achievement of the performance criteria and the earned shares were settled.
- F2: The disposed shares were withheld by the issuer to satisfy tax withholding on the vesting.
- F3: Some reported RSUs are subject to a future staggered vesting schedule (e.g., one‑third vests 2/20/2027, then smaller installments thereafter).
- F4: Includes 19,183 shares underlying RSUs that will settle one‑for‑one in common stock upon payment.
Context
- This was not an open‑market buy or sale: it reflects RSU awards settling (awards at $0) and routine tax‑withholding (shares withheld/retired to cover tax obligations). That withholding is common when equity awards vest and does not by itself indicate a deliberate sale of additional shares beyond tax obligations.