Yum China CLO awarded 79 dividend RSUs
Yum China Holdings, Inc. reported that Chief Legal Officer Pingping Liu received grants of additional Restricted Stock Units on June 17, 2026.
Rhea-AI Filing Summary
Yum China Holdings, Inc. reported that Chief Legal Officer Pingping Liu received grants of additional Restricted Stock Units on June 17, 2026. These awards total 79 RSUs issued as dividend equivalency units tied to previously granted RSUs and carry a zero exercise price.
Each unit converts into one share of common stock on a one-for-one basis and will vest on the same schedule as the underlying RSU awards, which generally vest in equal annual installments beginning one year from the original grant dates. Following these grants, Liu’s reported RSU balances for the affected award buckets are 6,988, 3,600, 1,349 and 266 units, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 79 shares
Grant/Award
4 txns
Insider
LIU Pingping
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 9 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 23 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 46 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 12,203 contracts (Direct)
Footnotes (4)
- F1. Conversion occurs on a one-for-one basis.
- F2. These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
- F3. This grant does not have an expiration date.
- F4. These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
Key Figures
Total RSUs granted: 79 Restricted Stock Units
Largest single RSU grant: 46 Restricted Stock Units
RSU holding after first grant: 6,988 Restricted Stock Units
+3 more
6 metrics
Total RSUs granted
79 Restricted Stock Units
Dividend equivalency RSUs granted on June 17, 2026
Largest single RSU grant
46 Restricted Stock Units
Grant coded A on June 17, 2026
RSU holding after first grant
6,988 Restricted Stock Units
Total RSUs following 46-unit grant
RSU holding after second grant
3,600 Restricted Stock Units
Total RSUs following 23-unit grant
RSU holding after third grant
1,349 Restricted Stock Units
Total RSUs following 9-unit grant
RSU holding after fourth grant
266 Restricted Stock Units
Total RSUs following 1-unit grant
Key Terms
Restricted Stock Unit, dividend equivalency payment, one-for-one basis, expiration date, +1 more
5 terms
Restricted Stock Unit financial
"These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment..."
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.
dividend equivalency payment financial
"These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment..."
one-for-one basis financial
"Conversion occurs on a one-for-one basis."
expiration date financial
"This grant does not have an expiration date."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Chief Legal Officer financial
"officer_title": "Chief Legal Officer""
A chief legal officer is a senior executive responsible for overseeing a company's legal matters, ensuring that its activities comply with laws and regulations. They act like a company's legal guide, helping to prevent legal problems and manage risks. For investors, understanding this role is important because it reflects how well a company manages legal risks that could impact its stability and reputation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Yum China (YUMC) report for Pingping Liu?
Yum China reported that Chief Legal Officer Pingping Liu received grants of additional Restricted Stock Units as dividend equivalency payments. These awards supplement existing RSU grants, have a zero exercise price, and vest on the same schedules as the original RSUs to which they relate.
How many Restricted Stock Units were granted to Pingping Liu at Yum China?
Pingping Liu was granted a total of 79 Restricted Stock Units across several award buckets. Individual grants were 46 units, 23 units, 9 units, and 1 unit, all structured as dividend equivalency RSUs linked to previously issued Restricted Stock Unit awards.
On what date were the new RSUs for Yum China’s Pingping Liu awarded?
All of the new Restricted Stock Unit grants to Chief Legal Officer Pingping Liu were dated June 17, 2026. Each award is recorded as a derivative transaction with code “A,” reflecting a grant or award acquisition rather than an open‑market purchase or sale.
What are dividend equivalency Restricted Stock Units at Yum China (YUMC)?
The filing describes these RSUs as units issued as dividend equivalency payments tied to existing RSU awards. They vest on the same dates and under the same terms as the underlying Restricted Stock Units, effectively crediting additional units when dividends are declared on Yum China’s common stock.
What is the conversion rate of Pingping Liu’s RSUs into Yum China common stock?
According to the footnotes, the Restricted Stock Units convert into Yum China common stock on a one‑for‑one basis. Each vested RSU entitles the holder to receive one share of common stock, aligning the incentive directly with the company’s share price performance.
Do the new Restricted Stock Units granted to Yum China’s Pingping Liu have an expiration date?
One footnote states that the reported grant does not have an expiration date. The RSUs instead vest over time according to the schedules of the underlying awards, generally in equal annual installments beginning one year after the original grant dates of those base RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
