Yum Brands CEO sells 261 shares in plan trade

YUM BRANDS INC (YUM) reported that Chief Executive Officer and director Christopher Lee Turner sold 261 shares of common stock on 2026-09-01 in an open-market or private transaction at a price of $153.64 per share.

Rhea-AI Filing Summary

YUM BRANDS INC (YUM) reported that Chief Executive Officer and director Christopher Lee Turner sold 261 shares of common stock on 2026-09-01 in an open-market or private transaction at a price of $153.64 per share. The transaction was executed pursuant to a Rule 10b5-1 trading plan, and following this sale he directly holds 63,509.66 shares of YUM common stock.

Insider Trade Summary 10b5-1

Net Seller: 261 shares

Net Sell 1 txn

Insider Turner Christopher Lee

Role Chief Executive Officer

Sold 261 shs ($40K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	261	$153.64	$40K

Holdings After Transaction: Common Stock — 63,509.66 shares (Direct)

Footnotes (1)

1. F1. Pursuant to 10b5-1 Plan

Key Figures

Shares sold: 261 shares Sale price per share: $153.64 per share Shares owned after transaction: 63,509.66 shares +2 more

5 metrics

Shares sold 261 shares Common stock sale on 2026-09-01 by CEO Christopher Lee Turner

Sale price per share $153.64 per share Price for the 261 YUM common shares sold on 2026-09-01

Shares owned after transaction 63,509.66 shares Directly held YUM common stock by the CEO following the sale

Net shares sold 261 shares Net sell activity in this Form 4 per transaction summary

Sell transactions reported 1 transaction Single non-derivative sale coded “S” in this filing

Key Terms

Rule 10b5-1 Plan, Sale in open market or private transaction, Beneficially owned

3 terms

Rule 10b5-1 Plan regulatory

"The footnote states “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.

Sale in open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

Beneficially owned financial

"reported as the total shares beneficially owned following the transaction"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

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

What insider transaction did YUM’s CEO report on this Form 4?

Christopher Lee Turner, YUM’s Chief Executive Officer and director, reported selling 261 shares of YUM common stock on 2026-09-01 in a transaction coded as a sale in the open market or a private transaction at $153.64 per share.

How many YUM (YUM) shares did the CEO sell and at what price?

The CEO sold 261 shares of YUM common stock at a price of $153.64 per share. The transaction is identified with code “S,” indicating a sale in the open market or a private transaction.

How many YUM (YUM) shares does the CEO hold after this transaction?

After the reported sale, Christopher Lee Turner directly holds 63,509.66 shares of YUM common stock. This figure is reported as the total shares beneficially owned following the transaction.

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

Yes. The transaction footnote states “Pursuant to 10b5-1 Plan”, and the filing’s Rule 10b5-1 checkbox is affirmed, indicating the sale was executed under a pre-arranged trading plan.

Is the YUM (YUM) CEO’s ownership classified as direct or indirect after the sale?

The filing classifies the CEO’s ownership after the transaction as direct, with total direct holdings of 63,509.66 shares of YUM common stock.

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

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Available on EDGAR 09/01/2026 - 04:08 PM EDT Accepted by SEC EDGAR 09/01/2026 - 04:07 PM EDT Learn about SEC filing dates

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)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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	09/01/2026		S		261(1)	D	$153.64	63,509.66	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/ M. Gayle Hobson, POA	09/01/2026
	** 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)