Yum Brands (NYSE: YUM) Pizza Hut CEO sells 6,001 shares under 10b5-1 plan

Rhea-AI Filing Summary

Yum Brands executive Aaron Powell, CEO of Pizza Hut, reported an open-market sale of 6,001 shares of Common Stock. The shares were sold at a price of $152.35 per share. After this transaction, he directly holds 18,004.48 Yum Brands shares. The sale was executed pursuant to a Rule 10b5-1 trading plan, indicating it was pre-arranged rather than timed discretionarily.

Insider Trade Summary 10b5-1

Net Seller: 6,001 shares ($914,252)

Net Sell 1 txn

Insider Powell Aaron

Role CEO - Pizza Hut

Sold 6,001 shs ($914K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,001	$152.35	$914K

Holdings After Transaction: Common Stock — 18,004.48 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 6,001 shares Sale price: $152.35 per share Shares held after transaction: 18,004.48 shares +1 more

4 metrics

Shares sold 6,001 shares Open-market sale of Common Stock

Sale price $152.35 per share Price for 6,001 shares sold

Shares held after transaction 18,004.48 shares Direct ownership after sale

Transaction code S Sale in open market or private transaction

Key Terms

Rule 10b5-1, open-market sale, Common Stock, Form 4

4 terms

Rule 10b5-1 financial

"The sale was executed pursuant to a Rule 10b5-1 trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

open-market sale financial

"the transaction_action is described as an open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"Aaron Powell reported an open-market sale of 6,001 shares of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 financial

"documented as a routine Form 4 insider trading disclosure"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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).

X

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^*

Powell Aaron

(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)
	CEO - Pizza Hut

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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	05/19/2026		S		6,001(1)	D	$152.35(1)	18,004.48	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

Explanation of Responses:

1. Pursuant to 10b5-1 Plan

	/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)

FAQ

What insider transaction did Yum Brands (YUM) report for Aaron Powell?

Yum Brands reported that Aaron Powell, CEO of Pizza Hut, sold 6,001 shares of Common Stock. The transaction was an open-market sale at a stated price per share and was executed under a pre-arranged Rule 10b5-1 trading plan.

How many Yum Brands (YUM) shares did Aaron Powell sell and at what price?

Aaron Powell sold 6,001 Yum Brands Common Stock shares at $152.35 per share. This open-market transaction reflects a single reported sale and is documented as a routine Form 4 insider trading disclosure with explicit share and price details.

How many Yum Brands (YUM) shares does Aaron Powell hold after the sale?

Following the reported sale, Aaron Powell directly holds 18,004.48 Yum Brands shares. This post-transaction balance is provided in the filing and helps show his remaining equity exposure after the 6,001-share open-market disposition.

Was Aaron Powell’s Yum Brands (YUM) share sale under a Rule 10b5-1 plan?

Yes. A footnote states the transaction was pursuant to a Rule 10b5-1 plan. These plans pre-schedule trades in advance, so the timing of the 6,001-share sale is driven by the plan’s terms rather than day-to-day market decisions.

What type of transaction is reported in Aaron Powell’s Yum Brands (YUM) Form 4?

The Form 4 reports a non-derivative open-market sale of Common Stock, coded as an “S” transaction. It is classified as a sale in the open market or a private transaction, with direct ownership reported after the sale.