YUM (YUM) KFC Division CEO granted RSUs, SAR and phantom stock awards

Rhea-AI Filing Summary

YUM! Brands executive Scott Mezvinsky reported multiple equity awards dated 02/06/2026. He received 4,604 restricted stock units and a stock appreciation right for 19,335 shares with a conversion or exercise price of $162.93. Both convert into common stock on a one-for-one basis.

The awards vest 25% per year beginning one year from the grant date. Mezvinsky was also credited with 6,361.9346 and 2,120.6449 phantom stock units under the YUM! Brands Executive Income Deferral Program, which are settled in common stock according to elections on file and do not have expiration dates.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Mezvinsky Scott

Role KFC Division CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	4,604	$0.00	--
Grant/Award	Stock Appreciation Right	19,335	$0.00	--
Grant/Award	Phantom Stock	6,361.935	$0.00	--
Grant/Award	Phantom Stock	2,120.645	$0.00	--

Holdings After Transaction: Restricted Stock Units — 4,604 shares (Direct); Stock Appreciation Right — 19,335 shares (Direct); Phantom Stock — 6,361.935 shares (Direct)

Footnotes (1)

1. Conversion occurs on a one-for-one basis. Vesting occurs 25% per year beginning one year from grant date. This grant does not have an expiration date. Payments are made in accordance with elections on file. Phantom units accrued under the YUM! Brands, Inc. Executive Income Deferral Program do not have expiration dates.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mezvinsky Scott

(Last) (First) (Middle)

7100 CORPORATE DRIVE

(Street)

PLANO TX 45024

(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)
	KFC Division CEO

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

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
Restricted Stock Units	(1)	02/06/2026		A		4,604		(2)	(3)	Common Stock	4,604	$0	4,604	D
Stock Appreciation Right	$162.93	02/06/2026		A		19,335		(2)	02/06/2036	Common Stock	19,335	$0	19,335	D
Phantom Stock	(1)	02/06/2026		A		6,361.9346		(4)	(5)	Common Stock	6,361.9346	$0	6,361.9346	D
Phantom Stock	(1)	02/06/2026		A		2,120.6449		(4)	(5)	Common Stock	2,120.6449	$0	2,120.6449	D

Explanation of Responses:

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

2. Vesting occurs 25% per year beginning one year from grant date.

3. This grant does not have an expiration date.

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

5. Phantom units accrued under the YUM! Brands, Inc. Executive Income Deferral Program do not have expiration dates.

	/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) report for Scott Mezvinsky?

Scott Mezvinsky received equity-based awards, including restricted stock units, a stock appreciation right, and phantom stock units. All awards were granted on 02/06/2026 at a price of $0 per unit, reflecting compensation rather than an open-market purchase or sale.

How many restricted stock units did Scott Mezvinsky receive at YUM (YUM)?

Scott Mezvinsky was granted 4,604 restricted stock units on 02/06/2026. These units convert into YUM! Brands common stock on a one-for-one basis and vest 25% per year, beginning one year after the grant date, providing time-based equity compensation.

What are the details of Scott Mezvinsky’s stock appreciation right at YUM (YUM)?

Mezvinsky received a stock appreciation right covering 19,335 shares at a conversion or exercise price of $162.93. The underlying securities are YUM! Brands common stock. The grant vests 25% annually starting one year from the grant date, aligning compensation with share performance.

What phantom stock units did Scott Mezvinsky accrue at YUM (YUM)?

Mezvinsky accrued 6,361.9346 and 2,120.6449 phantom stock units on 02/06/2026. These units are part of the YUM! Brands Executive Income Deferral Program, convert one-for-one into common stock, follow payment elections on file, and do not have expiration dates.

Does Scott Mezvinsky’s Form 4 for YUM (YUM) show any share sales?

The Form 4 shows only awards coded as acquisitions, not dispositions. All reported entries—restricted stock units, a stock appreciation right, and phantom stock—were granted at $0 per unit as compensation, with no insider sales disclosed in this filing.

How do Scott Mezvinsky’s YUM (YUM) awards vest over time?

Both the restricted stock units and the stock appreciation right vest 25% each year, starting one year from the grant date of 02/06/2026. This creates a four-year vesting schedule designed to retain the executive and align incentives with long-term shareholder value.