Yum China (YUMC) KFC GM receives new RSU dividend-equivalent grants
Rhea-AI Filing Summary
Yum China Holdings, Inc. reported that Warton Wang, General Manager of KFC, received additional Restricted Stock Units on June 17, 2026. The grants cover 139, 83, and 41 RSUs, all at a stated price of $0.00 per unit as part of his compensation.
The RSUs convert into common stock on a one-for-one basis and have no expiration date. They were issued as dividend equivalency payments linked to previously granted RSUs and will vest on the same schedule and terms as those underlying awards. Following these grants, Wang’s direct RSU holdings in the reported award lines total 20,964 units, 12,603 units, and 6,304 units, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wang Warton
Role
General Manager, KFC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 41 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 83 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 139 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 6,304 shares (Direct)
Footnotes (1)
- Conversion occurs on a one-for-one basis. 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. This grant does not have an expiration date.
Key Figures
RSU grant 1: 139 Restricted Stock Units
RSU grant 2: 83 Restricted Stock Units
RSU grant 3: 41 Restricted Stock Units
+5 more
8 metrics
RSU grant 1
139 Restricted Stock Units
Grant on June 17, 2026 as dividend equivalency
RSU grant 2
83 Restricted Stock Units
Grant on June 17, 2026 as dividend equivalency
RSU grant 3
41 Restricted Stock Units
Grant on June 17, 2026 as dividend equivalency
Holdings line 1
20,964 RSUs
Total RSUs following first reported grant line
Holdings line 2
12,603 RSUs
Total RSUs following second reported grant line
Holdings line 3
6,304 RSUs
Total RSUs following third reported grant line
Conversion ratio
1 RSU : 1 common share
Conversion occurs on a one-for-one basis
Price per RSU
$0.00 per unit
Stated transaction price for RSU grants
Key Terms
Restricted Stock Unit, dividend equivalency payment, one-for-one basis, expiration date
4 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 ... as a dividend equivalency payment with respect to Restricted Stock Units"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Yum China (YUMC) report for Warton Wang?
Yum China reported that Warton Wang received three Restricted Stock Unit grants on June 17, 2026. These RSUs are compensation-related awards, issued as dividend equivalents tied to earlier RSU grants, and convert one-for-one into Yum China common stock.
How many Restricted Stock Units did Warton Wang receive in this Yum China (YUMC) filing?
Warton Wang received 139, 83, and 41 Restricted Stock Units in three separate grants. Each grant is part of a dividend equivalency program linked to previously issued RSUs and follows the same vesting schedule as those original awards.
How do the new Yum China (YUMC) RSUs for Warton Wang vest?
The new RSUs for Warton Wang vest on the same schedule as the underlying RSUs they reference. Those original RSUs vest in one-third increments each year, beginning one year from their grant date, and the dividend equivalency RSUs mirror those terms.
What is the conversion rate of Warton Wang’s Yum China (YUMC) RSUs?
Warton Wang’s Restricted Stock Units convert one-for-one into Yum China common stock. This means each RSU, once vested and settled, corresponds to a single share of the company’s common stock, according to the footnote disclosure.
Do the new Yum China (YUMC) RSU grants for Warton Wang expire?
The filing states that these RSU grants do not have an expiration date. They remain outstanding subject to their vesting conditions, and once vested, they convert into Yum China common stock on the disclosed one-for-one basis.
How many RSUs does Warton Wang hold after these Yum China (YUMC) grants?
After the reported grants, Warton Wang’s direct RSU holdings in the disclosed award lines are 20,964 units, 12,603 units, and 6,304 units. These figures reflect total RSUs reported for each corresponding grant category following the June 17, 2026 transactions.