Yum Brands (YUM) CEO Turner logs 250-share Rule 10b5-1 stock sale

Rhea-AI Filing Summary

Yum Brands CEO and Chairman Christopher Lee Turner reported an open-market sale of 250 shares of Yum Brands common stock at $160.48 per share on May 1, 2026, pursuant to a Rule 10b5-1 trading plan. After this transaction, he directly holds 64,551.66 common shares.

Insider Trade Summary 10b5-1

Net Seller: 250 shares ($40,120)

Net Sell 1 txn

Insider Turner Christopher Lee

Role CEO, Chairman of Board

Sold 250 shs ($40K)

Type	Security	Shares	Price	Value
Sale	Common Stock	250	$160.48	$40K

Holdings After Transaction: Common Stock — 64,551.66 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 250 shares Sale price: $160.48 per share Shares held after sale: 64,551.66 shares

3 metrics

Shares sold 250 shares Open-market sale on May 1, 2026

Sale price $160.48 per share Average price for the reported transaction

Shares held after sale 64,551.66 shares Direct ownership following the transaction

Key Terms

Rule 10b5-1 Plan, open-market sale, Common Stock

3 terms

Rule 10b5-1 Plan financial

"Pursuant to 10b5-1 Plan"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Turner Christopher Lee

(Last) (First) (Middle)

1441 GARDINER LANE

(Street)

LOUISVILLE KENTUCKY 40213

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [ YUM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Chairman of Board

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		S		250(1)	D	$160.48(1)	64,551.66	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pursuant to 10b5-1 Plan

	/s/ Brittany Bodkin, POA	05/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Yum Brands (YUM) CEO report?

Yum Brands CEO Christopher Lee Turner reported selling 250 shares of common stock. The sale occurred on May 1, 2026 at an average price of $160.48 per share, and was classified as an open-market sale under a Rule 10b5-1 trading plan.

How many Yum Brands (YUM) shares does the CEO hold after this sale?

After the reported transaction, Christopher Lee Turner directly holds 64,551.66 Yum Brands common shares. This Form 4 filing shows only a single 250-share sale, so the disclosed post-transaction holding reflects his remaining direct ownership following that specific trade.

Was the Yum Brands (YUM) CEO’s share sale under a Rule 10b5-1 plan?

Yes. A footnote states the transaction was made pursuant to a Rule 10b5-1 trading plan. Such plans allow executives to pre-schedule trades, so the timing of this 250-share open-market sale was set in advance rather than decided on the transaction date.

What price did Yum Brands (YUM) shares sell for in this insider trade?

The reported 250 Yum Brands common shares sold at an average price of $160.48 per share. This value comes directly from the Form 4 transaction details describing the open-market sale executed by CEO and Chairman Christopher Lee Turner on May 1, 2026.

How large is the Yum Brands (YUM) CEO’s reported sale in this filing?

The filing shows a relatively small transaction of 250 Yum Brands common shares. In the same report, Christopher Lee Turner’s direct holdings after the sale are 64,551.66 shares, indicating this open-market sale affected only a small portion of his disclosed position.