Yum Brands (NYSE: YUM) CEO Powell sells 12,000 shares at $161.44

Rhea-AI Filing Summary

Yum Brands Inc. reported an insider stock sale by Aaron Powell, CEO of Pizza Hut. On February 5, 2026, he sold 12,000 shares of common stock at $161.44 per share. After this transaction, he directly owns 14,650.48 shares of Yum Brands common stock.

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^*

Powell Aaron

(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)
	CEO - Pizza Hut

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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	02/05/2026		S		12,000	D	$161.44	14,650.48	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	02/06/2026
	** 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 Brands (YUM) report for Aaron Powell?

Yum Brands reported that Aaron Powell, CEO of Pizza Hut, executed an insider sale of common stock. On February 5, 2026, he sold 12,000 shares of Yum Brands common stock in a single reported transaction, as disclosed in the Form 4 filing.

How many Yum Brands (YUM) shares did Aaron Powell sell and at what price?

Aaron Powell sold 12,000 shares of Yum Brands common stock. The reported sale price was $161.44 per share. This single transaction reflects a discretionary sale of existing holdings, as shown in the non-derivative securities table of the Form 4 filing.

What is Aaron Powell's role at Yum Brands (YUM)?

Aaron Powell is identified as an officer of Yum Brands, serving as CEO - Pizza Hut. This means he leads the Pizza Hut division within Yum Brands, and his transactions in company stock are reportable as insider activity under Section 16 rules.

How many Yum Brands (YUM) shares does Aaron Powell own after this sale?

After selling 12,000 shares, Aaron Powell is reported to beneficially own 14,650.48 shares of Yum Brands common stock. The filing classifies this remaining position as directly owned, indicating the shares are held in his own name rather than through an intermediary entity.

Did the Form 4 for Yum Brands (YUM) report any derivative securities for Aaron Powell?

The Form 4 includes a section for derivative securities but shows no entries for Aaron Powell. Only one non-derivative transaction is reported: the sale of 12,000 shares of common stock, with no options, warrants, or other derivative instruments listed in Table II.