STOCK TITAN

Yum Brands (NYSE: YUM) chief shifts 2,035 shares for taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

YUM BRANDS INC (YUM) reported insider equity activity by Sean Tresvant, Taco Bell CEO and YUM CCO. On 2026-08-18, 4,101 Restricted Stock Units converted one-for-one into common stock, valued at $144.86 per share, with 2,035 common shares delivered or withheld for payment of exercise price or tax liability. Earlier in 2026, he acquired small additional RSU amounts (19.84 and 19.04 units) linked to the same one-for-one conversion, and he also reports indirect ownership of 33 common shares in a 401(k) Plan.

Positive

  • None.

Negative

  • None.
Insider Tresvant Sean
Role Taco Bell, CEO, YUM CCO
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F2 4,101 $0.00 $0.00
Exercise Common Stock 4,101 $144.86 $594K
Exercise Price or Tax Liability Common Stock 2,035 $144.86 $295K
Other Restricted Stock Units F1, F2 19.84 -- --
Other Restricted Stock Units F1, F2 19.04 -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0.23 shares (Direct); Common Stock — 5,206 shares (Direct); Common Stock — 33 shares (Indirect, 401(k) Plan)
Footnotes (2)
  1. F1. Conversion occurs on a one-for-one basis.
  2. F2. The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.
RSUs Converted 4,101 shares Restricted Stock Units converted into common stock on 2026-08-18
Common Shares Acquired 4,101 shares Common stock received from RSU conversion on 2026-08-18
Shares Delivered/Withheld 2,035 shares Common shares delivered or withheld for exercise price or tax liability on 2026-08-18
Transaction Price $144.86 per share Price reported for common stock transactions on 2026-08-18
Additional RSUs (June 2026) 19.84 units Restricted Stock Units acquired on 2026-06-12, one-for-one into common stock
Additional RSUs (March 2026) 19.04 units Restricted Stock Units acquired on 2026-03-06, one-for-one into common stock
Indirect 401(k) Holdings 33 shares Common stock held indirectly through a 401(k) Plan as of 2026-03-06
Restricted Stock Units financial
"The security title reported is Restricted Stock Units converting into common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
Payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction code F is described as Payment of exercise price or tax liability by delivering or withholding securities."
401(k) Plan financial
"Indirect ownership of 33 common shares is reported through a 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
one-for-one basis financial
"A footnote states conversion occurs on a one-for-one basis."

FAQ

What insider transactions did Sean Tresvant report at YUM (YUM) on 2026-08-18?

Sean Tresvant reported 4,101 RSUs converting into an equal number of YUM common shares on 2026-08-18, at a value of $144.86 per share. Of those shares, 2,035 were delivered or withheld to cover the exercise price or tax liability.

How many YUM (YUM) shares were withheld or delivered for taxes or exercise costs?

On 2026-08-18, 2,035 YUM common shares were delivered or withheld to pay the exercise price or tax liability tied to the RSU conversion. These shares were valued at $144.86 per share in the reported transaction.

What RSU awards did Sean Tresvant acquire in 2026 at YUM (YUM)?

Sean Tresvant acquired small additional Restricted Stock Unit amounts of 19.84 units on 2026-06-12 and 19.04 units on 2026-03-06. Each converts into YUM common stock on a one-for-one basis, with the final distribution occurring four years from the grant date.

What is the conversion ratio for Sean Tresvant’s YUM (YUM) RSUs?

The reported Restricted Stock Units convert into YUM common stock on a one-for-one basis. A related footnote also states that the final distribution under this grant will occur four years from the grant date, with no specified expiration date.

Does Sean Tresvant hold any YUM (YUM) shares through a retirement plan?

Yes. As of 2026-03-06, he reports 33 shares of YUM common stock held indirectly through a 401(k) Plan. This position is reported as indirect ownership, separate from directly held or RSU-related shares.

What price per share was used for Sean Tresvant’s YUM (YUM) common stock transactions?

For the 2026-08-18 common stock entries, the reported transaction price was $144.86 per share. This price applied both to the 4,101 common shares acquired from RSU conversion and to the 2,035 shares delivered or withheld for exercise price or tax liability.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Tresvant Sean

(Last)(First)(Middle)
1,441

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Taco Bell, CEO, YUM CCO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/18/2026M4,101A$144.867,241D
Common Stock08/18/2026F2,035D$144.865,206D
Common Stock33I401(k) Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/06/2026JV19.0408/18/2026 (2)Common Stock19.04(1)4,081.39D
Restricted Stock Units(1)06/12/2026JV19.8408/18/2026 (2)Common Stock19.84(1)4,101.23D
Restricted Stock Units(1)08/18/2026M4,10108/18/2026 (2)Common Stock4,101$00.23D
Explanation of Responses:
1. Conversion occurs on a one-for-one basis.
2. The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.
/s/ M. Gayle Hobson, POA08/20/2026
** Signature of Reporting PersonDate
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)