Yum China (YUMC) insider plans sale of 8,187 common shares

Yum China Holdings (YUMC) received a notice of proposed sale of restricted or control securities on Form 144.

Rhea-AI Filing Summary

Yum China Holdings (YUMC) received a notice of proposed sale of restricted or control securities on Form 144. The filing covers the planned sale of 8,187 shares of common stock through Merrill Lynch on the NYSE, with an aggregate market value of $395,268.36. The issuer had 361,419,215 shares of common stock outstanding.

The seller acquired these 8,187 common shares on 02/05/2016 via a stock appreciation right (SAR) exercise from Yum China Holdings, with stock noted as the form of payment dated 11/24/2025. By signing the notice, the seller represents that they are not aware of any material adverse, non-public information about Yum China’s current or prospective operations and acknowledges the Rule 10b5-1 and federal criminal liability language included in the form.

FAQ

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

What does the YUMC Form 144 filing disclose?

The Form 144 discloses a planned sale of 8,187 shares of Yum China common stock by an insider or affiliate, providing details on the shares, acquisition history, and representations about public information.

How many Yum China (YUMC) shares are planned to be sold and at what value?

The filing states that 8,187 common shares are to be sold, with an aggregate market value of $395,268.36, through Merrill Lynch on the NYSE.

How were the YUMC shares being sold under Form 144 originally acquired?

The 8,187 Yum China common shares were acquired on 02/05/2016 via a stock appreciation right (SAR) exercise from Yum China Holdings, with stock identified as the nature of payment.

What does the Form 144 say about Yum China’s shares outstanding?

The notice reports that 361,419,215 shares of Yum China common stock were outstanding, providing a baseline for the issuer’s equity as referenced in the form.

What representations does the seller make in the YUMC Form 144?

The seller represents that they do not know any material adverse information about Yum China’s current or prospective operations that has not been publicly disclosed and acknowledges that intentional misstatements or omissions are federal criminal violations.

Does the YUMC Form 144 mention Rule 10b5-1 trading plans?

The text explains that if a written trading plan or instructions were adopted to satisfy Rule 10b5-1, signing the form and indicating the adoption date serves as a representation as of that plan or instruction date.

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

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Accepted by SEC EDGAR 11/24/2025 - 03:43 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001926703
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Yum! China Holding, Inc.
SEC File Number	001-37762
Address of Issuer	101 East Park Blvd Ste 805 Plano TEXAS 75074
Phone	4699802898
Name of Person for Whose Account the Securities are To Be Sold	Warton Wang
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 8890 Lyra Drive 5th Floor Columbus OH 43240	8187	395268.36	361419215	11/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/05/2016	SAR Exercise	YUM China Holdings			8187	11/24/2025	Stock

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/24/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Warton Wang
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)