$5.7M Yum China (NYSE: YUMC) insider stock sale planned under Rule 144
Rhea-AI Filing Summary
Joey Wat, an insider of Yum China Holdings (symbol YUMC), has filed a notice of proposed sale under Rule 144 covering 104,000 shares of the company’s common stock. The filing lists an aggregate market value of $5,738,955.46 and notes that the shares are expected to be sold through Merrill on the NYSE around February 13, 2026. The notice states that Yum China had 361,419,215 shares outstanding at the time referenced. The shares to be sold were acquired via multiple restricted stock vesting transactions from China Holdings between February 2025 and January 2026, and the filing also reports a prior sale of 4,613 shares on February 11, 2026 for gross proceeds of $262,997.31.
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FAQ
What does the YUMC Form 144 filing by Joey Wat disclose?
The filing discloses that Joey Wat intends to sell 104,000 shares of Yum China common stock under Rule 144. It specifies the proposed sale on the NYSE, the aggregate market value, recent prior sales, and that the shares came from restricted stock vesting.
What representation about non-public information does Joey Wat make in this filing?
By signing the notice, the person for whose account the securities are sold represents that they do not know any material adverse information about Yum China’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.