Yum China officer reports share award, sale

Yum China Holdings insider Kuai Jeff, General Manager of Pizza Hut, updated his ownership in company stock.

Rhea-AI Filing Summary

Yum China Holdings insider Kuai Jeff, General Manager of Pizza Hut, updated his ownership in company stock. On January 14, 2026, he acquired 6,218 shares of common stock at $0 per share, representing the settlement of performance share units covering the period from January 1, 2023 to December 31, 2025. On the same day, he disposed of 2,249 shares of common stock at $47.22 per share. After these transactions, he directly owned 60,571 shares of Yum China common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kuai Jeff

Role General Manager, Pizza Hut

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,218	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,249	$47.22	$106K

Holdings After Transaction: Common Stock — 60,571 shares (Direct)

Footnotes (1)

1. F1. Transaction represents the settlement of performance share units granted to this reporting person with a performance period from January 1, 2023 to December 31, 2025.

FAQ

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

What insider activity did YUMC report for Kuai Jeff on this Form 4?

The filing shows that Kuai Jeff, General Manager of Pizza Hut at Yum China Holdings, Inc. (YUMC), reported one acquisition and one disposition of common stock on January 14, 2026.

How many Yum China (YUMC) shares did Kuai Jeff acquire?

He acquired 6,218 shares of Yum China common stock at a reported price of $0 per share, in connection with the settlement of performance share units for a performance period from January 1, 2023 to December 31, 2025.

How many Yum China (YUMC) shares did Kuai Jeff dispose of, and at what price?

He disposed of 2,249 shares of Yum China common stock on January 14, 2026 at a price of $47.22 per share, as reported with transaction code F.

What is Kuai Jeff’s role at Yum China Holdings (YUMC)?

He is an officer of Yum China Holdings, Inc., serving as General Manager, Pizza Hut, and is not listed as a director or 10% owner in this filing.

How many Yum China (YUMC) shares does Kuai Jeff own after these transactions?

Following the reported transactions on January 14, 2026, he directly owned 60,571 shares of Yum China common stock.

What do the performance share units mentioned in the YUMC Form 4 relate to?

The footnote explains that the transaction represents the settlement of performance share units granted to the reporting person, with a performance period from January 1, 2023 to December 31, 2025.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 01/16/2026 - 08:55 AM Learn about SEC filing dates

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).

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^*

Kuai Jeff

(Last) (First) (Middle)

YUM CHINA BUILDING

20 TIAN YAO QIAO ROAD

(Street)

SHANGHAI F4 200030

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Manager, Pizza Hut

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026

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	01/14/2026		A		6,218(1)	A	$0	62,820	D
Common Stock	01/14/2026		F		2,249	D	$47.22	60,571	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. Transaction represents the settlement of performance share units granted to this reporting person with a performance period from January 1, 2023 to December 31, 2025.

	/s/ Pingping Liu, Power of Attorney	01/16/2026
	** 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.