Pizza Hut CEO Aaron Powell reports YUM (YUM) stock grant and share sale

Rhea-AI Filing Summary

YUM Brands CEO of Pizza Hut, Aaron Powell, reported routine stock transactions. On February 6, 2026, he acquired 8,708 shares of common stock at $0 per share, increasing his directly held balance to 23,358.48 shares. The same day, he disposed of 2,529 shares of common stock at $162.93 per share, leaving him with 20,829.48 directly owned shares after the reported transactions.

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^*

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)
02/06/2026

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
Common Stock	02/06/2026		A		8,708	A	$0	23,358.48	D
Common Stock	02/06/2026		F		2,529	D	$162.93	20,829.48	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/ 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.

FAQ

What insider transactions did YUM (YUM) executive Aaron Powell report?

Aaron Powell reported two common stock transactions on February 6, 2026. He acquired 8,708 shares at $0 per share, then disposed of 2,529 shares at $162.93 per share, ending with 20,829.48 directly owned shares after these Form 4-reported movements.

How many YUM (YUM) shares does Aaron Powell own after this Form 4?

After the reported transactions, Aaron Powell directly owns 20,829.48 YUM common shares. His holdings first rose to 23,358.48 shares following an 8,708-share acquisition, then declined after a 2,529-share disposition reported on February 6, 2026 in the Form 4.

What was the price for Aaron Powell’s acquired and disposed YUM (YUM) shares?

Aaron Powell acquired 8,708 YUM common shares at $0 per share and disposed of 2,529 shares at $162.93 per share. These prices are taken directly from the Form 4’s non-derivative transaction table dated February 6, 2026.

What do the transaction codes A and F mean in Aaron Powell’s YUM Form 4?

The Form 4 lists code A for the 8,708-share acquisition at $0 and code F for the 2,529-share disposition at $162.93. These are standard SEC transaction codes indicating different types of non-derivative stock movements reported for February 6, 2026.

Is Aaron Powell’s ownership in YUM (YUM) direct or indirect after these trades?

The Form 4 shows Aaron Powell’s ownership as direct, marked with “D” in the ownership column. After acquiring and then disposing of shares on February 6, 2026, he directly holds 20,829.48 shares of YUM common stock according to the filing.

What role does Aaron Powell hold at YUM (YUM) in this Form 4 filing?

Aaron Powell is identified as an officer of YUM, serving as “CEO - Pizza Hut.” The Form 4 confirms he is not a director or 10% owner but reports as a Section 16 officer with direct holdings in YUM common stock following the February 6, 2026 transactions.