Director at Yum China (NYSE: YUMC) receives 7,632-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yum China Holdings director William Wang reported a stock grant of 7,632 shares of common stock. The shares were acquired at a price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
Following this grant, Wang directly holds 64,852 shares of Yum China common stock. The filing also shows 12,035,635 shares held indirectly through Pollos Investment L.P., an investment vehicle tied to a private fund. Wang disclaims beneficial ownership of these indirectly held shares except for any pecuniary interest he may have through his interest in the fund’s parent company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yang William Wang
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 7,632 | $0.00 | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 64,852 shares (Direct, null);
Common Stock, $0.01 par value — 12,035,635 shares (Indirect, See Footnotes)
Footnotes (1)
- The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
Key Figures
Stock grant: 7,632 shares
Grant price: $0.00 per share
Direct holdings after grant: 64,852 shares
+1 more
4 metrics
Stock grant
7,632 shares
Grant/award acquisition coded “A” on June 1, 2026
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Direct holdings after grant
64,852 shares
Common stock held directly by William Wang
Indirect holdings via Pollos Investment L.P.
12,035,635 shares
Common stock held by Pollos Investment L.P.
Key Terms
grant/award acquisition, pecuniary interest, beneficial ownership, Section 16 of the Securities Exchange Act of 1934
4 terms
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
pecuniary interest financial
"may be deemed to have pecuniary interest through his indirect entitlement"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What did Yum China (YUMC) director William Wang report in this Form 4?
William Wang reported receiving a grant of 7,632 shares of Yum China common stock. The award was priced at $0.00 per share, reflecting equity compensation rather than a market purchase, and increased his direct holdings to 64,852 shares.
What is Pollos Investment L.P. in relation to Yum China (YUMC) director William Wang?
Pollos Investment L.P. directly holds 12,035,635 Yum China shares. Its limited partnership interests are owned by a private fund where an affiliate of William Wang is special limited partner, giving him a possible pecuniary interest in related performance fees.