Yum Brands CEO (NYSE: YUM) logs 261-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Yum Brands CEO Christopher Lee Turner reported a sale of 261 shares of common stock on August 3, 2026 at $153.15 per share. The sale was executed pursuant to a Rule 10b5-1 trading plan. After this transaction, he directly holds 63,770.66 shares.

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	$153.15	$40K

Holdings After Transaction: Common Stock — 63,770.66 shares (Direct)

Footnotes (1)

1. F1. Pursuant to 10b5-1 Plan

Key Figures

Shares sold: 261 shares Sale price: $153.15 per share Shares owned after sale: 63,770.66 shares +1 more

4 metrics

Shares sold 261 shares Common stock sale on August 3, 2026

Sale price $153.15 per share Reported transaction price for common stock

Shares owned after sale 63,770.66 shares Direct holdings following the transaction

Net shares sold 261 shares Net sell shares in transaction summary

Key Terms

Rule 10b5-1 Plan, Sale in open market or private transaction, Common Stock

3 terms

Rule 10b5-1 Plan regulatory

"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""

Common Stock financial

"Security title listed as "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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 05:27 PM Accepted by SEC EDGAR 08/03/2026 - 05:26 PM Learn about SEC filing dates

FAQ

What insider transaction did YUM CEO Christopher Lee Turner report?

Christopher Lee Turner reported a sale of 261 Yum Brands common shares on August 3, 2026 at $153.15 per share. The filing lists it as a sale of non-derivative common stock and notes it was conducted under a Rule 10b5-1 trading plan.

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

The CEO sold 261 shares of Yum Brands common stock at an average price of $153.15 per share. This was a single reported non-derivative transaction and is characterized as a sale in an open market or private transaction.

How many YUM shares does Christopher Lee Turner hold after this sale?

Following the reported transaction, Christopher Lee Turner directly holds 63,770.66 shares of Yum Brands common stock. This figure reflects his direct ownership position immediately after selling 261 shares as disclosed in the Form 4 filing.

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

Yes. A footnote states the transaction was “Pursuant to 10b5-1 Plan”, and the filing’s Rule 10b5-1 checkbox is marked. This indicates the 261-share sale was executed under a pre-established trading plan rather than as a discretionary trade.

Did the YUM CEO exercise any options or trade derivatives in this filing?

No. The filing reports only one non-derivative transaction, a sale of common stock. The derivative transaction count is zero and the derivative summary is empty, indicating no reported option exercises or other derivative trades in this Form 4.

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)
08/03/2026

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	08/03/2026		S		261(1)	D	$153.15	63,770.66	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	08/03/2026
	** 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)