[Form 4] Yum China Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Yum China Holdings, Inc. (YUMC) director Wei Zhe David reported an indirect acquisition of 2,862 shares of the issuer's common stock via a controlled corporation on 08/07/2025. The Form 4 shows the transaction as an acquisition with a reported price of $0 and indicates the shares are held indirectly. The filing was signed by a power of attorney on 08/14/2025.

Insights

Corporate Governance Expert

TL;DR: A director reported a small indirect acquisition of 2,862 shares; disclosure is routine and non-material given size.

The Form 4 shows Wei Zhe David, a director, acquired 2,862 shares indirectly through a controlled corporation on 08/07/2025 at a reported price of $0. The filing fulfills Section 16 reporting obligations and was signed by a power of attorney on 08/14/2025. There is no additional context in the filing about the nature of the transfer or rationale. This appears to be a standard insider disclosure rather than a material governance event.

Securities Analyst

TL;DR: Transaction is disclosed correctly but is unlikely to affect valuation given the small share amount and lack of price detail.

The report records an acquisition code and lists ownership as indirect via a controlled corporation with an ownership total of 2,862 shares following the transaction. The reported price is $0 in the filing; no derivative instruments or additional transactions are reported. Based solely on the information provided, the transaction does not present material market-impacting information.

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
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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^*

Wei Zhe David

(Last) (First) (Middle)

C/O ROOM 3003, 30TH FLOOR, HYSAN PLACE

500 HENNESSY ROAD, CAUSEWAY BAY

(Street)

HONG KONG K3

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Yum China Holdings, Inc. [ YUMC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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
Common Stock	08/07/2025		A		2,862	A	$0	2,862	I	Controlled Corporation

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:

	/s/ Pingping Liu, Power of Attorney	08/14/2025
	** 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.

FAQ

What transaction did the Yum China (YUMC) Form 4 report show?

The Form 4 reports an indirect acquisition of 2,862 shares of common stock by director Wei Zhe David on 08/07/2025.

What price was reported for the shares in the YUMC Form 4?

The filing lists a reported price of $0 for the acquisition.

How is the acquired stock held according to the Form 4?

The shares are reported as held indirectly through a controlled corporation.

Who signed the Form 4 for the reporting person?

The form was signed by /s/ Pingping Liu, Power of Attorney with a signature date of 08/14/2025.

Is this Form 4 disclosure filed by one reporting person or multiple?

The form indicates it was filed by one reporting person.