Yum Brands' Tracy Skeans plans $4.9M stock sale

Rhea-AI Filing Summary

YUM BRANDS INC (YUM) received a Form 144 notice from officer Tracy Skeans covering a proposed sale of up to 30,154 shares of common stock through Merrill Lynch, with an aggregate market value of $4,870,855.81 and an approximate sale date of August 24, 2026 on the NYSE.

The notice references components including 3,494 shares in connection with restricted stock vesting dated February 6, 2026 and 26,660 shares related to a SAR exercise and sale. YUM had 272,907,085 shares outstanding at the time indicated. Sales are to be made pursuant to a Rule 10b5-1 trading plan originally signed February 7, 2026 and modified May 21, 2026.

Key Figures

Shares to be sold: 30,154 shares Aggregate market value: $4,870,855.81 Shares outstanding: 272,907,085 shares +5 more

8 metrics

Shares to be sold 30,154 shares Proposed sale of YUM common stock under Form 144

Aggregate market value $4,870,855.81 Aggregate market value of 30,154 shares covered by the notice

Shares outstanding 272,907,085 shares YUM common shares outstanding as referenced in the notice

Restricted stock-related shares 3,494 shares Entry connected to restricted stock vesting dated February 6, 2026

SAR-related shares 26,660 shares Entry related to SAR exercise and sale

Approximate sale date August 24, 2026 Approximate date of sale for the covered shares

10b5-1 plan signature date February 7, 2026 Original Rule 10b5-1 trading plan signing date

10b5-1 plan modification date May 21, 2026 Modification date of the Rule 10b5-1 trading plan

Key Terms

Rule 144, 10B5-1 plan, Restricted Stock Vesting, SAR Exercise and Sale

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

10B5-1 plan regulatory

"Selling shares pursuant to 10B5-1 plan. Original plan was signed"

A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.

Restricted Stock Vesting financial

"Common | 02/06/2026 | Restricted Stock Vesting | YUM Brands Inc"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

SAR Exercise and Sale financial

"Common | 02/12/2018 | SAR Exercise and Sale | YUM Brands Inc"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for YUM indicate about planned share sales?

The Form 144 filing indicates that officer Tracy Skeans plans to sell up to 30,154 shares of YUM common stock through Merrill Lynch, with an approximate aggregate market value of $4,870,855.81, in transactions expected around August 24, 2026 on the NYSE.

How many YUM (YUM) shares are covered by Tracy Skeans’ Form 144 notice?

The notice covers up to 30,154 shares of YUM common stock. Within this, there are entries of 3,494 shares connected to restricted stock vesting and 26,660 shares related to a SAR exercise and sale, according to the disclosure.

What is the approximate market value of the YUM shares in this Form 144 filing?

The filing states an aggregate market value of $4,870,855.81 for the 30,154 shares of YUM common stock covered by the planned sale. This value reflects the market price at the time used in the notice.

When are the YUM (YUM) shares expected to be sold under this Form 144?

The notice lists an approximate sale date of August 24, 2026 for the YUM common stock. The sales are to be conducted on the NYSE, subject to Rule 144 conditions and the 10b5-1 trading plan terms.

What trading plan governs Tracy Skeans’ planned YUM share sales?

The filing states that shares are being sold pursuant to a Rule 10b5-1 plan. The original plan was signed on February 7, 2026 and was modified on May 21, 2026, as disclosed in the remarks section.

How many YUM (YUM) shares were outstanding according to this Form 144?

The disclosure states that 272,907,085 shares of YUM common stock were outstanding at the referenced time. This figure serves as context for the size of the potential sale relative to total shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 04:18 PM EDT Accepted by SEC EDGAR 08/24/2026 - 04:17 PM EDT Learn about SEC filing dates

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	0001660119
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	YUM! BRANDS, INC.
SEC File Number	001-13163
Address of Issuer	1441 Gardiner Lane Louisville KENTUCKY 40213
Phone	5028748300
Name of Person for Whose Account the Securities are To Be Sold	Tracy Skeans
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	Officer

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 Lynch 8890 Lyra Drive 5th Floor Columbus OH 43240	30154	4870855.81	272907085	08/24/2026	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	02/06/2026	Restricted Stock Vesting	YUM Brands Inc			3494	02/06/2026	NA
Common	02/12/2018	SAR Exercise and Sale	YUM Brands Inc			26660	08/24/2026	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	Selling shares pursuant to 10B5-1 plan. Original plan was signed 2/7/2026, modified 5/21/2026.
Date of Notice	08/24/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/21/2026
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	Tracy Skeans
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)