Director at YUM (NYSE: YUM) granted 1,841 phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

YUM! Brands director Mirian M. Graddick-Weir reported an award of phantom stock units tied to company common shares. On 02/06/2026, she acquired 1,841.2815 phantom stock units at a price of $0 under the YUM! Brands, Inc. Director Deferred Compensation Plan.

Each unit converts into one share of YUM! Brands common stock, with payments made according to elections on file. These phantom units do not have expiration dates, and she now holds 1,841.2815 derivative units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GRADDICK WEIR MIRIAN M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	1,841.282	$0.00	--

Holdings After Transaction: Phantom Stock — 1,841.282 shares (Direct)

Footnotes (1)

Conversion occurs on a one-for-one basis. Payments are made in accordance with elections on file. Phantom units accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan do not have expiration dates.

Form 4 Insider Transactions: What Each Field Means →

02/09/2026 - 11:20 AM

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^*

GRADDICK WEIR MIRIAN M

(Last)

(First)

(Middle)

MERCK & CO., INC.

1 MERCK DRIVE WS 3A-10

(Street)

WHITEHOUSE STATION

08889

(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)
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	02/06/2026		A		1,841.2815		⁽²⁾	⁽³⁾	Common Stock	1,841.2815	$0	1,841.2815	D

Explanation of Responses:

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

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

3. Phantom units accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan do not have expiration dates.

	/s/ Brittany Bodkin, 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did YUM (YUM) report for Mirian M. Graddick-Weir?

YUM! Brands reported that director Mirian M. Graddick-Weir received 1,841.2815 phantom stock units on 02/06/2026. These units were granted at a price of $0 under the Director Deferred Compensation Plan and are linked one-for-one to YUM! Brands common stock.

What are the key details of the 1,841.2815 phantom stock units at YUM (YUM)?

The reported transaction shows 1,841.2815 phantom stock units acquired at $0 on 02/06/2026. Each unit is convertible into one share of YUM! Brands common stock, with no expiration date, under the company’s Director Deferred Compensation Plan.

Does the YUM (YUM) phantom stock award to Mirian M. Graddick-Weir have an expiration date?

The phantom stock units granted to Mirian M. Graddick-Weir do not have expiration dates. They accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan, and each unit is designed to convert one-for-one into YUM! Brands common stock when paid.

How many YUM (YUM) derivative securities does Mirian M. Graddick-Weir hold after this transaction?

After the reported transaction, Mirian M. Graddick-Weir beneficially owns 1,841.2815 derivative securities in the form of phantom stock units. All of these are held directly and are tied one-for-one to YUM! Brands common stock under the deferred compensation structure.

At what price were the YUM (YUM) phantom stock units granted to the director?

The phantom stock units were granted at a price of $0 per unit. This reflects a compensation-related award under the YUM! Brands, Inc. Director Deferred Compensation Plan rather than an open-market purchase, with value linked to future common stock performance.

What plan governs the phantom stock units reported in the YUM (YUM) Form 4?

The phantom stock units were accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan. This plan allows directors to receive compensation in phantom units that track YUM! Brands common stock value and are settled according to elections on file.