YETI Holdings Files 8-K on Officer Changes and Compensation
Ticker: YETI · Form: 8-K · Filed: Feb 20, 2024 · CIK: 1670592
| Field | Detail |
|---|---|
| Company | Yeti Holdings, Inc. (YETI) |
| Form Type | 8-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensation, 8-K
TL;DR
**YETI just filed an 8-K about executive changes and pay, keep an eye on leadership shifts!**
AI Summary
YETI Holdings, Inc. filed an 8-K on February 20, 2024, reporting an event that occurred on February 16, 2024. The filing pertains to Item 5.02, specifically regarding the departure or election of directors or officers and compensatory arrangements for certain officers. The company, based in Austin, Texas, operates under the SIC code 3949 (Manufacturing).
Why It Matters
This filing signals potential changes in YETI's leadership or executive compensation structure, which could influence future strategic decisions and financial performance.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation can introduce uncertainty regarding future company direction and stability.
Key Players & Entities
- YETI Holdings, Inc. (company) — Registrant
- February 16, 2024 (date) — Date of earliest event reported
- February 20, 2024 (date) — Filing date
- Austin, Texas (company) — Principal executive offices location
- 001-38713 (company) — SEC File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 16, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 20, 2024.
What is the primary subject matter of this 8-K filing?
The primary subject matter of this 8-K filing is Item 5.02, which covers the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Where are YETI Holdings, Inc.'s principal executive offices located?
YETI Holdings, Inc.'s principal executive offices are located at 7601 Southwest Parkway, Austin, Texas 78735.
What is YETI Holdings, Inc.'s SEC File Number?
YETI Holdings, Inc.'s SEC File Number is 001-38713.
Filing Stats: 482 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-20 16:17:04
Key Financial Figures
- $0.01 — h registered Common stock, par value $0.01 YETI New York Stock Exchange Indica
- $10,000 — mination of his employment at a rate of $10,000 per month. In connection with the termi
Filing Documents
- tm246714d1_8k.htm (8-K) — 21KB
- 0001104659-24-025530.txt ( ) — 187KB
- yeti-20240216.xsd (EX-101.SCH) — 3KB
- yeti-20240216_lab.xml (EX-101.LAB) — 33KB
- yeti-20240216_pre.xml (EX-101.PRE) — 22KB
- tm246714d1_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Chief Commercial Officer On February 16, 2024, YETI Holdings, Inc. ("YETI" or the "Company") notified S. Faiz Ahmad, Senior Vice President, Chief Commercial Officer, that his employment with the Company would terminate effective as ofMarch 1, 2024. Mr. Ahmad will provide transition services as a consultant to the Company for a period of three months following the termination of his employment at a rate of $10,000 per month. In connection with the termination of his employment, Mr. Ahmad and the Company entered into a Separation Agreement pursuant to which Mr. Ahmad will receive the benefits to which he is entitled under YETI's Senior Leadership Severance Benefits Plan. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. YETI Holdings, Inc. Date: February 20, 2024 By: /s/ Bryan C. Barksdale Bryan C. Barksdale Chief Legal Officer and Secretary