Yum Brands (NYSE: YUM) CFO exercises 366 RSUs, 91 withheld for taxes
Rhea-AI Filing Summary
Yum Brands Chief Financial Officer Roy Ranjith exercised 366 Restricted Stock Units into an equal number of common shares on May 16, 2026, at a reported value of $149.97 per share.
Of these, 91 shares were withheld to cover tax obligations, and he now directly holds 786 shares of common stock. The Restricted Stock Units convert one-for-one into common stock and vest 33% per year beginning one year from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 275 shares
Net Buy
3 txns
Insider
Roy Ranjith
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 366 | $0.00 | $0.00 |
| Exercise | Common Stock | 366 | $149.97 | $55K |
| Exercise Price or Tax Liability | Common Stock | 91 | $149.97 | $14K |
Holdings After Transaction:
Restricted Stock Units — 364.39 shares (Direct);
Common Stock — 786 shares (Direct)
Footnotes (2)
- F1. Conversion occurs on a one-for-one basis.
- F2. Vesting occurs 33% per year beginning one year from grant date.
Key Figures
RSUs exercised: 366 shares
Tax-withheld shares: 91 shares
Post-transaction common shares: 786 shares
+2 more
5 metrics
RSUs exercised
366 shares
Restricted Stock Units converted into common stock on May 16, 2026
Tax-withheld shares
91 shares
Common shares withheld in a tax-withholding disposition on May 16, 2026
Post-transaction common shares
786 shares
Direct common stock holdings of CFO Roy Ranjith after the reported transactions
Reported share value
$149.97 per share
Value used for the common stock transactions on May 16, 2026
Remaining RSUs from award
364.3900 units
Restricted Stock Units remaining from this award after the 366-unit conversion
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, vesting
4 terms
Restricted Stock Units financial
"Security title listed as Restricted Stock Units for the derivative transaction"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action described as a tax-withholding disposition of 91 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description notes exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"Vesting occurs 33% per year beginning one year from grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did YUM's CFO Roy Ranjith report on this Form 4?
Yum Brands’ CFO Roy Ranjith exercised 366 Restricted Stock Units into common shares on May 16, 2026. The transaction was reported as a derivative exercise/conversion at a recorded value of $149.97 per share.
How do YUM’s Restricted Stock Units granted to the CFO vest and convert?
The Restricted Stock Units convert into common stock on a one-for-one basis. According to the disclosure, they vest 33% per year beginning one year from the grant date, providing a staggered schedule for the CFO’s equity-based compensation.