YUM Brands Form 144: planned sale of 2,790 shares on 11/11/2025

YUM Brands (YUM) affiliate filed a Form 144 notice to sell up to 2,790 shares of common stock through Merrill, with an approximate sale date of 11/11/2025 on the NYSE.

Rhea-AI Filing Summary

YUM Brands (YUM) affiliate filed a Form 144 notice to sell up to 2,790 shares of common stock through Merrill, with an approximate sale date of 11/11/2025 on the NYSE. The filing lists an aggregate market value of $419,845.9 for the planned sale.

The shares derive from stock appreciation right exercises recorded on 02/11/2022 (1,614 shares), 02/10/2023 (727), and 02/09/2024 (449). Shares outstanding were 277,652,829; this is a baseline figure, not the amount being offered.

FAQ

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

What did YUM (YUM) disclose in this Form 144?

A planned sale of up to 2,790 common shares by an affiliate, to be executed through Merrill, with an approximate sale date of 11/11/2025 on the NYSE.

How many YUM shares are planned for sale and what is the value?

The notice lists 2,790 shares with an aggregate market value of $419,845.9.

Which broker and exchange are named for the sale?

Broker: Merrill (8890 Lyra Dr, 5th Flr, Columbus, OH 43240). Exchange: NYSE.

What is the source of the shares to be sold?

Shares stem from stock appreciation right (SAR) exercises dated 02/11/2022 (1,614), 02/10/2023 (727), and 02/09/2024 (449).

How many YUM shares are outstanding?

The filing lists 277,652,829 shares outstanding.

Does the filing indicate recent sales in the prior 3 months?

The provided excerpt does not show entries under the securities sold during the past 3 months section.

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

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Accepted by SEC EDGAR 11/12/2025 - 01:49 PM EST 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	0001735780
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 Ln Louisville KENTUCKY 40213
Phone	5028748300
Name of Person for Whose Account the Securities are To Be Sold	Aaron Powell
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 8890 Lyra Dr 5th Flr Columbus OH 43240	2790	419845.9	277652829	11/11/2025	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	02/11/2022	Sar Exercise	YUM Brands Inc			1614	11/11/2025	Stock
Common	02/10/2023	Sar Exercise	YUM Brands Inc			727	11/11/2025	Stock
Common	02/09/2024	Sar Exercise	YUM Brands Inc			449	11/11/2025	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	11/11/2025
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	Aaron Powell
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)