Yum Brands CFO exercises 366 RSUs, holds 786 shares

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.

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.

Insider Trade Summary

366 shares exercised/converted

Exercise 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 contracts (Direct); Common Stock — 786 shares (Direct)

Footnotes (2)

1. F1. Conversion occurs on a one-for-one basis.
2. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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 many YUM shares does CFO Roy Ranjith hold after this filing?

After the reported transactions, CFO Roy Ranjith directly holds 786 shares of Yum Brands common stock. This post-transaction balance reflects the net result of the RSU conversion and the shares withheld for taxes on May 16, 2026.

How many YUM shares were withheld for taxes in this Form 4?

The filing shows that 91 common shares of Yum Brands were withheld as part of a tax-withholding disposition. These shares relate to the RSU conversion on May 16, 2026, and were applied to satisfy associated tax obligations.

What was the reported share value for the YUM common stock in this transaction?

The common stock received from the RSU exercise was valued at $149.97 per share. This value applies both to the 366 shares acquired through the RSU conversion and to the 91 shares withheld to cover tax liabilities on May 16, 2026.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 11:35 AM EDT Learn about SEC filing dates

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^*

Roy Ranjith

(Last) (First) (Middle)

1441 GARDINER LANE

(Street)

LOUISVILLE KENTUCKY 40213

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/16/2026		M		366	A	$149.97	877	D
Common Stock	05/16/2026		F		91	D	$149.97	786	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)	05/16/2026		M			366	(2)	05/16/2027	Common Stock	366	$0	364.39	D

Explanation of Responses:

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

2. Vesting occurs 33% per year beginning one year from grant date.

	/s/ Brittany Bodkin, POA	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)