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Yum! Brands, Inc. (YUM) completed the divestiture of its global Pizza Hut business outside Mainland China, Hong Kong, Macau and Taiwan to Toppings TopCo, LLC, an entity affiliated with LongRange Capital, for $1,488,000,000 in cash, subject to adjustments, under an Equity Purchase Agreement dated June 16, 2026. Yum! also previously closed the sale of Pizza Hut in Mainland China to Yum China Holdings, Inc. on August 7, 2026, bringing aggregate consideration for the two Pizza Hut transactions to $2.7 billion, subject to purchase price adjustments. The LongRange transaction includes a potential $75 million earn‑out payable to Yum! by 2030 based on future performance.
In connection with the closing, Aaron Powell, Chief Executive Officer of the Pizza Hut business, resigned from that role and all other positions with Yum! effective September 1, 2026. Management stated that, following the Pizza Hut divestitures, Yum! will operate as a more focused company centered on KFC, Taco Bell and Habit Burger & Grill and highlighted its global scale, digital capabilities and technology platform Byte by Yum! as key drivers of future growth.
YUM BRANDS INC (YUM) reported insider transactions by KFC Division CEO Scott Mezvinsky. On 2026-09-01, he exercised 482 Stock Appreciation Rights at an exercise price of $68.00 per share, receiving 482 shares of common stock. That same day, he disposed of 214 shares to the issuer at $153.31 per share and sold 268 shares at $153.64 per share, all pursuant to a Rule 10b5-1 trading plan. Following the derivative exercise, he directly held 1,928 shares, and separately held 1,487 shares indirectly in a 401(k) plan.
YUM! Brands, Inc. (YUM) is the issuer of common stock for which former officer Aaron Powell has filed a Rule 144 notice to sell shares held for his account. The notice lists multiple lots of common stock tied to restricted stock vesting events in 2025 and 2026, and references a prior sale of 6,001 shares in July 2026 for an aggregate amount of $962,680.42.
YUM! Brands, Inc. (YUM) received a notice that officer Christopher Turner intends to sell shares of its common stock under Rule 144. The planned sale covers 831 shares of common stock related to Restricted Stock Vesting expected on 02/06/2026, through Merrill Lynch on the NYSE.
The notice also reports that Turner sold 250 shares of YUM common stock for 40105 on 07/01/2026 and 261 shares for 39972.15 on 08/03/2026. These sales are reported for aggregation purposes under Rule 144.
YUM BRANDS INC (YUM) is the issuer for a planned Rule 144 sale by Scott Mevzinsky. The notice covers up to 1,232 shares of YUM common stock to be sold through Merrill Lynch on or after 09/01/2026, in connection with a prior SAR Exercise and Sale dated 02/10/2017. Over the previous three months, Mevzinsky reported sales of 277 shares on 07/01/2026 for $44,436.34 and 268 shares on 08/03/2026 for $41,044.20, also under Rule 144.
YUM BRANDS INC (YUM) reported that Chief Executive Officer and director Christopher Lee Turner sold 261 shares of common stock on 2026-09-01 in an open-market or private transaction at a price of $153.64 per share. The transaction was executed pursuant to a Rule 10b5-1 trading plan, and following this sale he directly holds 63,509.66 shares of YUM common stock.
YUM BRANDS INC (YUM) filed an amendment to its current report to update governance information related to a recent board appointment. The company previously disclosed the appointment of Steve Bratspies to its Board of Directors on August 20, 2026. At that time, he had not been assigned to any standing committees.
Effective August 27, 2026, the Board appointed Mr. Bratspies to the Board’s Management Planning and Development Committee. No other changes to board composition, committee structure, or company operations are described in this amendment.
YUM BRANDS INC (YUM) director Stephen B. Bratspies reported two acquisitions of phantom stock on August 27, 2026. He received 309.5633 phantom stock units and 165.8375 phantom stock units, each convertible into YUM common stock on a one-for-one basis. These phantom units were accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan, have no expiration dates, and payments will be made in accordance with elections on file.
YUM BRANDS INC (YUM) filed an initial Statement of Beneficial Ownership (Form 3) for Stephen B. Bratspies, who is identified as a director of the company and not as an officer or ten percent owner. The filing does not report any insider transactions or derivative positions.
YUM BRANDS INC (YUM) reported that executive officer Tracy L. Skeans, its COO and CPO, sold 3,494 shares of common stock on August 24, 2026 in an open-market or private transaction at $158.00 per share, pursuant to a Rule 10b5-1 trading plan. Following this transaction, Skeans directly holds 3 shares of YUM common stock.