Yum China officer exercises 1,318 RSUs
Yum China’s Chief People Officer exercised 1,318 RSUs into common stock, with 594 shares withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
Yum China Holdings, Inc. (YUMC) reported that Chief People Officer Jerry Ding exercised a restricted stock unit award on September 1, 2026. An award of 1,318 Restricted Stock Units was converted on a one-for-one basis into 1,318 shares of Common Stock, exhausting that RSU position. Of these shares, 594 shares of Common Stock were delivered or withheld for payment of exercise price or tax liability at $44.88 per share. The RSUs vest one-third per year beginning September 1, 2024, and the grant has no expiration date. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,318 shares exercised/converted
Exercise
3 txns
Insider
DING Jerry
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2, F3 | 1,318 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,318 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 594 | $44.88 | $27K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 4,301 shares (Direct)
Footnotes (3)
- F1. Conversion occurs on a one-for-one basis.
- F2. Vesting occurs 1/3 per year beginning one year from 09/01/2023.
- F3. This grant does not have an expiration date.
Key Figures
RSUs converted: 1,318 units
Common Stock acquired from RSU conversion: 1,318 shares
Shares delivered or withheld for exercise price or tax liability: 594 shares
+2 more
5 metrics
RSUs converted
1,318 units
Restricted Stock Units converted into Common Stock on September 1, 2026
Common Stock acquired from RSU conversion
1,318 shares
Shares received upon one-for-one RSU conversion on September 1, 2026
Shares delivered or withheld for exercise price or tax liability
594 shares
Common Stock used to cover exercise price or tax liability
Price per share for exercise price or tax liability
$44.88 per share
Applied to 594 shares delivered or withheld
RSU vesting schedule
1/3 per year
Vesting begins one year from September 1, 2023
Key Terms
Restricted Stock Unit, one-for-one basis, Exercise or conversion of derivative security, Payment of exercise price or tax liability, +1 more
5 terms
Restricted Stock Unit financial
"security titled "Restricted Stock Unit" was converted into Common Stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
one-for-one basis financial
"Conversion occurs on a one-for-one basis"
Exercise or conversion of derivative security financial
"transaction code description is Exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
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.
FAQ
What did YUMC’s Chief People Officer report in this Form 4?
Jerry Ding exercised 1,318 Restricted Stock Units into 1,318 shares of Common Stock of Yum China Holdings, Inc. on September 1, 2026, and had 594 shares delivered or withheld to pay the exercise price or tax liability.
How many Yum China (YUMC) RSUs were converted and at what ratio?
A total of 1,318 Restricted Stock Units were converted into 1,318 shares of Common Stock, reflecting a one-for-one conversion ratio disclosed in the filing’s footnotes.
What is the vesting schedule for the reported Yum China RSUs?
The RSU grant vests one-third per year, beginning one year from September 1, 2023, as stated in the footnotes, and the grant itself does not have an expiration date.
Was a Rule 10b5-1 trading plan used for this YUMC Form 4 transaction?
No. The filing’s Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
