Yum Brands (NYSE: YUM) COO Skeans reports stock sales and holdings

Rhea-AI Filing Summary

Yum Brands executive Tracy L. Skeans, the COO and CPO, reported two open-market sales of Common Stock on February 17, 2026. A Skeans Trust sold 2,970 shares at $160.80 per share, leaving no holdings, while Skeans directly sold 5,341 shares at $160.16 per share and now directly owns 5,334 shares.

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

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

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^*

Skeans Tracy L

(Last) (First) (Middle)

1441 GARDINER LANE

(Street)

LOUISVILLE KY 40213

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO and CPO

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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

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

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

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	02/17/2026		S		2,970	D	$160.8	0	I	Skeans Trust
Common Stock	02/17/2026		S		5,341	D	$160.16	5,334	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:

	/s/ Brittany Bodkin, POA	02/17/2026
	** 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.

FAQ

What insider transaction did YUM executive Tracy L. Skeans report?

Tracy L. Skeans reported two open-market sales of Yum Brands common stock on February 17, 2026. One sale was through a Skeans Trust and the other from her direct holdings, both disclosed as non-derivative transactions in common stock.

How many Yum Brands (YUM) shares did the Skeans Trust sell?

A Skeans Trust sold 2,970 shares of Yum Brands common stock at $160.80 per share. After this transaction, the trust no longer held any Yum Brands shares, according to the reported beneficial ownership following the sale.

How many Yum Brands (YUM) shares did Tracy L. Skeans sell directly?

Tracy L. Skeans directly sold 5,341 shares of Yum Brands common stock at $160.16 per share. Following this transaction, she continued to directly own 5,334 shares of Yum Brands common stock as reported in the filing.

What is Tracy L. Skeans’ role at Yum Brands (YUM) in this filing?

Tracy L. Skeans is identified as an officer of Yum Brands with the title COO and CPO. The filing classifies her as an officer, not a director or 10% owner, while reporting her non-derivative common stock transactions.

Are the reported YUM transactions direct or indirect holdings for Tracy L. Skeans?

The filing shows one indirect transaction and one direct transaction. The Skeans Trust sale of 2,970 shares is classified as indirect ownership, while the 5,341-share sale and remaining 5,334 shares are reported as directly owned by Tracy L. Skeans.