Brands Inc grants equity awards to Taco Bell CEO

Brands Inc reported new equity awards for executive Tresvant Sean, who serves as Taco Bell CEO and company CCO.

Rhea-AI Filing Summary

Brands Inc reported new equity awards for executive Tresvant Sean, who serves as Taco Bell CEO and company CCO. On February 6, 2026, he received 7,673 restricted stock units and 32,225 stock appreciation rights with an exercise price of $162.93 per share.

The awards convert into common stock on a one-for-one basis. Vesting occurs at 25% per year, beginning one year from the grant date. The stock appreciation rights expire on February 6, 2036, while the restricted stock unit grant does not have an expiration date.

Insider Trade Summary

Grant/Award: 39,898 shares

Grant/Award 2 txns

Insider Tresvant Sean

Role Taco Bell, CEO, YUM CCO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	7,673	$0.00	$0.00
Grant/Award	Stock Appreciation Right	32,225	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 7,673 contracts (Direct); Stock Appreciation Right — 32,225 contracts (Direct)

Footnotes (3)

1. F1. Conversion occurs on a one-for-one basis.
2. F2. Vesting occurs 25% per year beginning one year from grant date.
3. F3. This grant does not have an expiration date.

FAQ

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

What equity awards did Tresvant Sean receive from YUM (Brands Inc)?

Tresvant Sean received 7,673 restricted stock units and 32,225 stock appreciation rights on February 6, 2026. Both are tied to the issuer’s common stock and were reported as awards with a transaction code "A" at a price of $0 per derivative unit.

What are the vesting terms of Tresvant Sean’s new YUM equity awards?

The Form 4 states vesting occurs 25% per year beginning one year from the grant date. This schedule applies to the reported awards, meaning the units and rights vest in equal annual installments after the initial one-year cliff from February 6, 2026.

What is the exercise price and expiration for Tresvant Sean’s stock appreciation rights at YUM?

The stock appreciation rights carry an exercise price of $162.93 per share. They become exercisable as they vest and have an expiration date of February 6, 2036, giving the executive a long-dated incentive linked to the company’s common stock performance.

How many derivative securities does Tresvant Sean hold in YUM after these grants?

Following the reported transactions, Tresvant Sean beneficially owns 7,673 restricted stock units and 32,225 stock appreciation rights. Both positions are reported as directly held derivative securities tied to common stock, with conversion on a one-for-one basis per the footnotes.

Do Tresvant Sean’s restricted stock units at YUM have an expiration date?

The filing explicitly notes that this restricted stock unit grant does not have an expiration date. While the units vest 25% annually beginning one year from grant, they are not subject to a fixed end date like the stock appreciation rights expiring in 2036.

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

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Accepted by SEC EDGAR 02/09/2026 - 11:24 AM EST 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^*

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)
02/06/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)	02/06/2026		A		7,673		(2)	(3)	Common Stock	7,673	$0	7,673	D
Stock Appreciation Right	$162.93	02/06/2026		A		32,225		(2)	02/06/2036	Common Stock	32,225	$0	32,225	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. This grant does not have an expiration date.

	/s/ M. Gayle Hobson, 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.