Yum Brands CFO granted RSUs and stock rights

Yum Brands Chief Financial Officer Roy Ranjith reported new equity awards.

Rhea-AI Filing Summary

Yum Brands Chief Financial Officer Roy Ranjith reported new equity awards. On February 6, 2026, he received 2,686 restricted stock units, each convertible into one share of common stock. These units vest 25% per year beginning one year from the grant date and have no expiration date.

He was also granted 11,279 stock appreciation rights with an exercise price of $162.93 per share, expiring on February 6, 2036. All awards are held directly, and the filing reports no share sales, only these grants.

Insider Trade Summary

Grant/Award: 13,965 shares

Grant/Award 2 txns

Insider Roy Ranjith

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,686	$0.00	$0.00
Grant/Award	Stock Appreciation Right	11,279	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,686 contracts (Direct); Stock Appreciation Right — 11,279 contracts (Direct)

Footnotes (3)

1. F1. Conversion occurs on a one-for-one basis.
2. F2. Vesting occurs 25% per year beginning one year from grant date.
3. F3. This grant does not have an expiration date.

FAQ

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

What insider transactions did Yum Brands (YUM) report for its CFO?

Yum Brands reported that CFO Roy Ranjith received equity awards on February 6, 2026, consisting of 2,686 restricted stock units and 11,279 stock appreciation rights. The Form 4 shows only grants, with no share sales or disposals in this filing.

How many restricted stock units did the Yum Brands (YUM) CFO receive and how do they vest?

The Yum Brands CFO received 2,686 restricted stock units, each convertible into one share of common stock. These units vest in equal 25% installments each year, beginning one year after the grant date of February 6, 2026, providing multi‑year incentive alignment.

What are the terms of the stock appreciation rights granted to the Yum Brands (YUM) CFO?

The CFO received 11,279 stock appreciation rights with an exercise price of $162.93 per share. These rights relate to Yum Brands common stock, expire on February 6, 2036, and are held directly. The filing records the award grant, not an exercise or sale.

Does the Yum Brands (YUM) Form 4 show any share sales by the CFO?

The Form 4 shows only acquisitions of derivative securities by the CFO, specifically restricted stock units and stock appreciation rights awarded on February 6, 2026. There are no reported sales or disposals of Yum Brands common stock in this particular insider transaction report.

How are the Yum Brands (YUM) restricted stock units reported for the CFO structured?

Each restricted stock unit granted to the CFO converts on a one‑for‑one basis into Yum Brands common stock. The units vest 25% per year starting one year after the grant date and do not carry an expiration date, encouraging longer‑term executive retention.

What is the ownership form of the Yum Brands (YUM) equity awards held by the CFO?

Both the restricted stock units and stock appreciation rights reported in this Form 4 are held directly by CFO Roy Ranjith. The filing does not attribute these awards to any trust, partnership, or other entity, indicating direct beneficial ownership of the derivative securities.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/09/2026 - 10:42 AM EST 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).

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^*

Roy Ranjith

(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)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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

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
Restricted Stock Units	(1)	02/06/2026		A		2,686		(2)	(3)	Common Stock	2,686	$0	2,686	D
Stock Appreciation Right	$162.93	02/06/2026		A		11,279		(2)	02/06/2036	Common Stock	11,279	$0	11,279	D

Explanation of Responses:

1. Conversion occurs on a one-for-one basis.

2. Vesting occurs 25% per year beginning one year from grant date.

3. This grant does not have an expiration date.

	/s/ M. Gayle Hobson, POA	02/09/2026
	** 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.