[144] Yum! Brands, Inc. SEC Filing

Rhea-AI Filing Summary

Yum! Brands, Inc. – Form 144 notice of proposed insider sale

The filer intends to sell up to 2,080 shares of YUM common stock through Merrill Lynch on the NYSE on or about 6 Aug 2025. The filing lists an aggregate market value of $291,034, implying a price near $140 per share. The shares were originally obtained via Stock Appreciation Right (SAR) exercises dated 5 Feb 2016 and 18 Sep 2015. No other sales have been reported in the last three months, and the filer certifies no possession of undisclosed material information.

With 277.96 million shares outstanding, the proposed sale represents approximately 0.0007 % of the float—far too small to influence control or liquidity. Form 144 is a disclosure requirement; it does not guarantee that the trade will occur.

• Shares to be sold: 2,080
• Estimated value: $291,034
• Approximate sale date: 06 Aug 2025
• Acquired via: SAR exercises

Insights

Securities Analyst

TL;DR: Minor 2,080-share Form 144; negligible effect on YUM’s valuation or float.

The filing discloses a very small potential insider transaction—roughly $291k versus a >$30 bn market cap. Such volumes are routinely absorbed without price pressure, and the absence of recent sales or material non-public information reduces signalling risk. Investors should view it as administratively neutral.

Corporate Governance Expert

TL;DR: Routine compliance filing; no governance concerns identified.

The issuer’s insider is following Rule 144 disclosure requirements, detailing acquisition history and certifying no undisclosed adverse data. The fractional percentage of shares sold poses no control implications, and prior SAR exercises are a standard executive compensation mechanism. Impact is non-material.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill 8890 Lyra Dr 5th Floor Columbus OH 43240	2080	291034.00	277964501	08/06/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/05/2016	SAR Exercise	YUM Brands INC			1993	08/06/2025	stock
Common	09/18/2015	SAR exercise	YUM Brands Inc			87	08/06/2025	Stock

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Yum! Brands (YUM) shares are covered by this Form 144 filing?

The notice covers up to 2,080 common shares.

What is the estimated dollar value of the shares slated for sale?

The aggregate market value stated is $291,034.

When is the approximate sale date listed in the Form 144?

The filer indicates an approximate sale date of 06 Aug 2025.

How were the shares originally acquired by the seller?

They were obtained via Stock Appreciation Right (SAR) exercises completed in 2015-2016.

What percentage of Yum! Brands’ total shares does this sale represent?

About 0.0007 % of the 277.96 million shares outstanding.

Does a Form 144 filing guarantee that the shares will be sold?

No. Form 144 is a notice of intent; the sale may or may not occur.