YETI CEO Matthew Reintjes Sells Shares to Cover Taxes

What Happened
Matthew J. Reintjes, YETI's Chair, President and CEO, had a total of 4,290 shares of YETI withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding occurred in two transactions: 2,228 shares at $44.56 each (≈ $99,280) on 2026-08-14 and 2,062 shares at $43.00 each (≈ $88,666) on 2026-08-17, for a combined value of about $187,946. These were dispositions recorded as tax-withholding (transaction code F), not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-08-14: 2,228 shares withheld @ $44.56 = $99,280
  • 2026-08-17: 2,062 shares withheld @ $43.00 = $88,666
• Total shares withheld: 4,290; total value ≈ $187,946.
• Transaction code F (tax withholding) — shares were surrendered to cover tax obligations on vested RSUs, not sold on the open market.
• Footnotes:
  • F1: Shares withheld by the issuer to satisfy tax withholding on RSU vesting.
  • F2: Reporting person’s holdings include 52,830 shares underlying RSUs that will convert one-for-one into common shares upon settlement.
  • F3: Some shares are held in a Spousal Lifetime Access Trust (SLAT); the reporting person disclaims beneficial ownership of those SLAT shares.
• Filing was submitted on 2026-08-18 for transactions through 2026-08-17 — the Form 4 appears timely.

Context
This was a routine tax-withholding event tied to RSU vesting (a common corporate practice). Because the shares were withheld by the issuer to cover taxes rather than sold on the open market, this action typically reflects compensation settlement mechanics rather than a signal of insider market sentiment.