Duff Martin 4

What Happened

• Duff Martin, Senior Vice President of Supply Chain & Operations at YETI (YETI), had 607 shares disposed (withheld) to satisfy tax withholding related to the vesting of restricted stock units. The shares were valued at $45.44 each, for a total of $27,582.
• This was not a market-driven purchase or sale for investment reasons but a routine tax-withholding disposition tied to RSU settlement.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26.
• Disposed: 607 shares at $45.44 per share; total value $27,582.
• Footnote F1: These 607 shares were withheld by the issuer to satisfy tax withholding on vested RSUs.
• Footnote F2: The report notes 21,101 shares underlying restricted stock units that will be settled one-for-one in common stock when paid.
• Filing timeliness: The Form 4 was filed two days after the transaction, which is within the typical two-business-day reporting window.

Context

• Share withholding to cover taxes is a common, administrative transaction when RSUs vest and does not necessarily signal the insider's view on the company's stock price.
• This was a disposition (tax withholding), not an open-market sale or purchase; no option exercise-for-cash or 10b5-1 plan is indicated in this filing.