[Form 4] YUM BRANDS INC Insider Trading Activity

Rhea-AI Filing Summary

Yum Brands CEO Christopher Lee Turner reported an open-market sale of 238 shares of common stock under a Rule 10b5-1 trading plan. The shares were sold at an average price of $166.29 per share. After this planned sale, he directly holds 65,058.66 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

OMB APPROVAL

OMB Number:			3235-0287
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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).

X

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^*

Turner Christopher Lee

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Chairman of Board

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		S		238(1)	D	$166.29	65,058.66	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:

1. Pursuant to 10b5-1 Plan

	/s/ Brittany Bodkin, POA	03/02/2026
	** 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 did Yum Brands (YUM) CEO Christopher Lee Turner report in this Form 4?

Christopher Lee Turner reported an open-market sale of 238 shares of Yum Brands common stock. The transaction was executed at an average price of $166.29 per share and was carried out under a pre-arranged Rule 10b5-1 trading plan.

How many Yum Brands (YUM) shares did the CEO sell and at what price?

The CEO sold 238 shares of Yum Brands common stock at an average price of $166.29 per share. This reflects a relatively small transaction size compared with his overall direct ownership position reported after the sale.

How many Yum Brands (YUM) shares does the CEO own after this transaction?

After the reported transaction, Christopher Lee Turner directly owns 65,058.66 shares of Yum Brands common stock. This figure reflects his remaining direct holdings following the 238-share open-market sale disclosed in the Form 4 filing.

Was the Yum Brands (YUM) CEO stock sale part of a Rule 10b5-1 plan?

Yes. A footnote states the transaction was "Pursuant to 10b5-1 Plan." Such plans are pre-arranged trading programs that allow insiders to sell shares on a predetermined schedule, helping separate routine diversification from discretionary trading decisions.

What transaction code was used in the Yum Brands (YUM) Form 4 filing?

The transaction was coded "S," which indicates a sale in an open market or private transaction. The filing further describes it as an open-market sale of common stock executed under a Rule 10b5-1 trading plan by the company’s CEO.