Yum Brands Inc (YUM) KFC Division CEO reports RSU transactions

Rhea-AI Filing Summary

Yum Brands Inc executive reports multiple restricted stock unit adjustments. A Form 4 filing discloses that the KFC Division CEO of Yum Brands Inc (ticker YUM) reported derivative transactions in restricted stock units tied to the company’s common stock, with the earliest transaction date of 03/07/2025. The filing lists several entries in derivative securities, coded "J" (other), reflecting small changes in restricted stock unit holdings at various reference prices, including $162.53, $144.83, $149.49, and $151.06 per share.

The restricted stock units convert into Yum common stock on a one-for-one basis, meaning each unit represents one share when converted. The filing also notes that vesting occurs at 25% per year beginning one year from the grant date, so the executive earns these shares gradually over time rather than all at once.

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

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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^*

Mezvinsky Scott

(Last) (First) (Middle)

7100 CORPORATE DRIVE

(Street)

PLANO TX 45024

(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)
	KFC Division CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/07/2025

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)	03/07/2025		J	V	6.92		02/10/2026	02/10/2026	Common Stock	6.92	$162.53	1,590.63	D
Restricted Stock Units	(1)	03/07/2025		J	V	12.9		(2)	02/10/2025	Common Stock	12.9	$162.53	2,966.9	D
Restricted Stock Units	(1)	06/06/2025		J	V	7.8		02/10/2026	02/10/2026	Common Stock	7.8	$144.83	1,598.43	D
Restricted Stock Units	(1)	06/06/2025		J	V	14.54		(2)	02/10/2025	Common Stock	14.54	$144.83	2,981.44	D
Restricted Stock Units	(1)	09/12/2025		J	V	7.59		02/10/2026	02/10/2026	Common Stock	7.59	$149.49	1,606.02	D
Restricted Stock Units	(1)	09/12/2025		J	V	14.16		(2)	02/10/2025	Common Stock	14.16	$149.49	2,995.6	D
Restricted Stock Units	(1)	12/12/2025		J	V	7.55		02/10/2026	02/10/2026	Common Stock	7.55	$151.06	1,613.57	D
Restricted Stock Units	(1)	12/12/2025		J	V	14.08		(2)	02/10/2025	Common Stock	14.08	$151.06	3,009.68	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.

	/s/ Brittany Bodkin, POA	12/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the YUM Form 4 filing report for the KFC Division CEO?

The Form 4 reports that the KFC Division CEO of Yum Brands Inc recorded multiple transactions in restricted stock units tied to Yum common stock, with the earliest transaction dated 03/07/2025.

What type of securities are involved in this Yum Brands (YUM) insider filing?

The filing involves restricted stock units, listed as derivative securities that are convertible into Yum Brands common stock.

How do the restricted stock units convert into Yum Brands common stock?

According to the explanation of responses, conversion occurs on a one-for-one basis, so each restricted stock unit converts into one share of Yum Brands common stock.

What is the vesting schedule for the Yum Brands restricted stock units in this filing?

The filing states that vesting occurs 25% per year beginning one year from the grant date, meaning the units become earned in four equal annual installments starting one year after grant.

What prices are referenced for the Yum Brands restricted stock unit transactions?

The derivative table references transactions in restricted stock units at prices including $162.53, $144.83, $149.49, and $151.06 per share of Yum Brands common stock.

Is the Yum Brands Form 4 filed by one reporting person or multiple insiders?

The document indicates that the Form is filed by one reporting person, rather than by more than one reporting person.