Yum Brands (NYSE: YUM) Taco Bell CEO exercises 997 RSUs, disposes 370 shares

Rhea-AI Filing Summary

Yum Brands executive Sean Tresvant, Taco Bell CEO and YUM Chief Commercial Officer, reported routine equity activity. On February 9, 2026, 997 restricted stock units converted on a one-for-one basis into 997 shares of common stock at an exercise price of $158.90 per share. In a related tax transaction, 370 common shares were disposed of at $158.90 per share. After these transactions, Tresvant directly held 4,620 shares of common stock and 1,995.37 restricted stock units. The RSU award vests 25% per year beginning one year from the grant date, with the final distribution occurring four years from grant.

Insider Trade Summary

997 shares exercised/converted

Mixed 3 txns

Insider Tresvant Sean

Role Taco Bell, CEO, YUM CCO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	997	$0.00	--
Exercise	Common Stock	997	$158.90	$158K
Tax Withholding	Common Stock	370	$158.90	$59K

Holdings After Transaction: Restricted Stock Units — 1,995.37 shares (Direct); Common Stock — 4,990 shares (Direct)

Footnotes (1)

1. Conversion occurs on a one-for-one basis. Vesting occurs 25% per year beginning one year from grant date. The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.

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^*

Tresvant Sean

(Last) (First) (Middle)

1,441

(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)
	Taco Bell, CEO, YUM CCO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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	02/09/2026		M		997	A	$158.9	4,990	D
Common Stock	02/09/2026		F		370	D	$158.9	4,620	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
Restricted Stock Units	(1)	02/09/2026		M			997	(2)	(3)	Common Stock	997	$0	1,995.37	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. The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.

	/s/ Brittany Bodkin, POA	02/10/2026
	** 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 executive Sean Tresvant report on February 9, 2026?

Sean Tresvant reported conversion of 997 restricted stock units into 997 Yum Brands common shares and a related disposal of 370 shares at $158.90. These routine equity award transactions adjusted his direct shareholdings and RSU balance as part of his compensation.

How many Yum Brands shares does Sean Tresvant hold after the reported Form 4 transactions?

After the reported transactions, Sean Tresvant directly holds 4,620 shares of Yum Brands common stock. In addition, he beneficially owns 1,995.37 restricted stock units, which represent additional potential common shares subject to the award’s vesting and distribution schedule.

What price was used for Sean Tresvant’s Yum Brands stock transactions on February 9, 2026?

Both the acquisition of 997 Yum Brands common shares and the disposition of 370 shares were reported at $158.90 per share. This price applies to the common stock transactions associated with the restricted stock unit conversion and related tax withholding event.

How do Sean Tresvant’s Yum Brands restricted stock units vest over time?

The restricted stock units vest 25% per year beginning one year from the grant date. The final distribution under this grant occurs four years from the grant date, with no specified expiration dates for the award according to the Form 4 footnotes.

What is the conversion rate of Sean Tresvant’s Yum Brands restricted stock units to common stock?

The Form 4 states that conversion occurs on a one-for-one basis, meaning each restricted stock unit converts into one share of Yum Brands common stock when it is distributed, subject to the vesting and distribution schedule described in the award’s terms.

What roles does Sean Tresvant hold in relation to Yum Brands (YUM)?

Sean Tresvant is identified as an officer serving as Taco Bell CEO and Yum Brands Chief Commercial Officer. His positions and related equity awards link his reported common stock and restricted stock unit holdings to his executive compensation at the company.