Yum China (NYSE: YUMC) officer logs stock grant, sale transactions

Rhea-AI Filing Summary

Yum China Holdings Chief Supply Chain Officer Duoduo (Howard) Huang reported routine equity transactions on January 14, 2026. He acquired 3,731 shares of common stock at $0 upon settlement of performance share units with a performance period from January 1, 2023 to December 31, 2025, and disposed of 1,130 shares at $47.22 per share in a transaction coded “F.” After these transactions, he directly owned 21,291 shares of Yum China common stock.

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^*

HUANG Duoduo (Howard)

(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)
	Chief Supply Chain Officer

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		3,731(1)	A	$0	22,421	D
Common Stock	01/14/2026		F		1,130	D	$47.22	21,291	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.
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FAQ

What insider activity did Yum China (YUMC) report for Duoduo Huang?

Yum China reported that Chief Supply Chain Officer Duoduo (Howard) Huang acquired and disposed of shares of the company’s common stock in routine equity transactions dated January 14, 2026.

How many Yum China (YUMC) shares did Duoduo Huang acquire and at what price?

Duoduo Huang acquired 3,731 shares of Yum China common stock at $0 per share, reflecting the settlement of previously granted performance share units.

How many Yum China (YUMC) shares did Duoduo Huang dispose of on January 14, 2026?

On January 14, 2026, Duoduo Huang disposed of 1,130 shares of Yum China common stock in a transaction coded “F” at a price of $47.22 per share.

What is Duoduo Huang’s share ownership in Yum China (YUMC) after these transactions?

Following the reported transactions, Duoduo Huang directly owned 21,291 shares of Yum China common stock.

What do the performance share units in this Yum China (YUMC) Form 4 relate to?

The acquisition of 3,731 shares represents the settlement of performance share units granted to Duoduo Huang, with a performance period from January 1, 2023 to December 31, 2025.

What is Duoduo Huang’s role at Yum China (YUMC)?

Duoduo (Howard) Huang is reported as an officer of Yum China, serving as the company’s Chief Supply Chain Officer.