[Form 4] YUM BRANDS INC Insider Trading Activity

Rhea-AI Filing Summary

Tanya Domier, a director of Yum Brands Inc. (YUM), reported a purchase of company stock on 10/01/2025. The Form 4 shows an acquisition of 2,132 shares of Common Stock at a reported price of $152 per share, filed as transaction code "M." Following the transaction, the filing reports 7,089 shares beneficially owned indirectly through a trust. The filing also records 2,132 Phantom Stock units that convert on a one-for-one basis into common shares, with a stated price of $0 and a notation of "0.3585 D." The submission is signed by a power of attorney on behalf of the reporting person.

Positive

• Insider purchase disclosed: Acquisition of 2,132 common shares at <$152> shows a director increasing shareholding.
• Clear ownership structure: Filing states 7,089 shares are beneficially owned indirectly via a trust and documents phantom units that convert one-for-one.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchased 2,132 shares at $152, modestly increasing insider exposure.

The reported open-market acquisition of 2,132 common shares at $152 per share is a straightforward insider purchase recorded under transaction code "M." The filing indicates an indirect beneficial ownership position of 7,089 shares via a trust, and 2,132 phantom units that convert one-for-one into common shares. From an investor-information standpoint, the transaction size is small relative to large-cap market caps, so it is informational rather than materially market-moving.

Corporate Governance Expert

TL;DR: Director-level purchase disclosed correctly; ownership held indirectly via trust and phantom plan disclosed.

The Form 4 properly discloses the reporting person's status as a director and the method of ownership (indirect via trust). It also documents phantom stock units with conversion on a one-for-one basis and payment mechanics noted. The form is executed by a power of attorney, which is common for timely filings. There are no disclosures of sales, grants with expirations, or other governance events in this filing.

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
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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).

1. Name and Address of Reporting Person^*

Domier Tanya

(Last) (First) (Middle)

18100 VON KARMAN

(Street)

IRVINE CA 92612

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		M		2,132	A	$152	7,089	I	Trust

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
Phantom Stock	(1)	10/01/2025		M			2,132	(2)	(3)	Common Stock	2,132	$0	0.3585	D

Explanation of Responses:

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

2. Payments are made in accordance with elections on file.

3. The Program does not have specified expiration dates.

	/s/ M. Gayle Hobson, POA	10/01/2025
	** 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

Who filed the Form 4 for YUM on 10/01/2025?

Tanya Domier, identified as a director of Yum Brands Inc., with the form signed by a power of attorney on 10/01/2025.

What transaction was reported on the Form 4 for YUM?

A purchase (transaction code "M") of 2,132 shares of Common Stock at a price of $152 per share on 10/01/2025.

How many YUM shares does the reporting person beneficially own after the transaction?

The filing reports 7,089 shares beneficially owned following the reported transaction, held indirectly via a trust.

What does the filing say about phantom stock units?

It reports 2,132 Phantom Stock units that convert on a one-for-one basis into common shares, with a stated price of $0.

Was the Form 4 execution delegated?

Yes; the document is signed by M. Gayle Hobson, POA on behalf of the reporting person, dated 10/01/2025.