[Form 4] Yum China Holdings, Inc. Insider Trading Activity
Yum China Holdings insider grant: Jeff Kuai, General Manager of Pizza Hut and an officer of Yum China Holdings (YUMC), received dividend-equivalent Restricted Stock Units (RSUs) reported on 09/23/2025. The filing lists five RSU issuances of 4, 4, 16, 51, and 71 units, each converting one-for-one to common stock with a $0 price. After these grants, the amounts of common stock beneficially owned following the transactions are reported as 784, 834, 2,851, 9,162, and 12,679 shares respectively. The RSUs follow the vesting schedules of the underlying grants (various 1/4 per year, 1/3 per year, or 50%/50% arrangements). The form is signed by a power of attorney on 09/25/2025.
Incentivo a dipendenti interno Yum China Holdings: Jeff Kuai, responsabile generale di Pizza Hut e dirigente di Yum China Holdings (YUMC), ha ricevuto Restricted Stock Units (RSU) collegate a dividendi, riportate il 23/09/2025. La pratica elenca cinque emissioni di RSU di 4, 4, 16, 51 e 71 unità, ciascuna convertibile 1:1 in azioni ordinarie con prezzo di $0. Dopo tali conferimenti, gli importi di azioni ordinarie detenute a seguito delle operazioni sono riportati come 784, 834, 2.851, 9.162 e 12.679 azioni rispettivamente. Le RSU seguono i piani di vesting legati agli assegni sottostanti (varie aliquote 1/4 all’anno, 1/3 all’anno o accordi 50%/50%). Il modulo è stato firmato da una procura il 25/09/2025.
Concesión de инсider de Yum China Holdings: Jeff Kuai, gerente general de Pizza Hut y oficial de Yum China Holdings (YUMC), recibió RSU (unidades de acciones restringidas equivalentes a dividendos) reportadas el 23/09/2025. La presentación enumera cinco emisiones de RSU de 4, 4, 16, 51 y 71 unidades, cada una convertible en una acción común a razón de 1:1 con un precio de $0. Después de estas concesiones, los montos de acciones comunes que posee tras estas transacciones se reportan como 784, 834, 2.851, 9.162 y 12.679 acciones respectivamente. Las RSU siguen los calendarios de vesting de las asignaciones subyacentes (varias 1/4 por año, 1/3 por año o esquemas 50%/50%). El formulario está firmado por poder notarial el 25/09/2025.
Yum China Holdings 내부자 보상: Pizza Hut의 일반 관리자인 Jeff Kuai가 Yum China Holdings(YUMC)의 임원으로서 배당금에 상응하는 RSU(제한 주식단위)를 2025년 9월 23일에 보고했습니다. 신고에는 4, 4, 16, 51, 71 주의 RSU 발행이 나열되며, 각각 1:1의 비율로 보통주로 전환되고 가격은 0달러입니다. 이 보상 후 보유하는 보통주 수는 각각 784, 834, 2,851, 9,162, 12,679 주로 보고됩니다. RSU는 기초 보상의 vesting 일정(연간 1/4, 연간 1/3, 또는 50%/50% 구조)에 따라 해제됩니다. 양식은 2025년 9월 25일에 위임장을 통해 서명되었습니다.
Attribution d’initié Yum China Holdings : Jeff Kuai, directeur général de Pizza Hut et dirigeant de Yum China Holdings (YUMC), a reçu des units d’actions restreintes avec dividende (RSU) rapportées le 23/09/2025. Le dossier énumère cinq émissions de RSU de 4, 4, 16, 51 et 71 unités, chacune convertible en actions ordinaires au taux de 1 pour 1 avec un prix de 0 $. Après ces attributions, les montants d’actions ordinaires détenues à la suite des transactions sont signalés comme 784 834, 2 851, 9 162 et 12 679 actions respectivement. Les RSU suivent les calendriers de vesting des attributions sous-jacentes (divers 1/4 par an, 1/3 par an ou arrangements 50%/50%). Le formulaire est signé par une procuration le 25/09/2025.
Yum China Holdings Insider-Zuwachs: Jeff Kuai, General Manager von Pizza Hut und Beauftragter von Yum China Holdings (YUMC), erhielt dividendengleiche Restricted Stock Units (RSUs), wie am 23.09.2025 gemeldet. Die Einreichung führt fünf RSU-Ausgaben von 4, 4, 16, 51 und 71 Einheiten auf, von denen jede eins zu eins in Stammaktien mit einem Preis von $0 umgewandelt wird. Nach diesen Zuwendungen werden die Beträge der biologisch gehaltenen Stammaktien nach den Transaktionen als 784, 834, 2.851, 9.162 und 12.679 Aktien jeweils angegeben. Die RSUs folgen den Vesting-Plänen der zugrunde liegenden Zuwendungen (verschiedene 1/4 pro Jahr, 1/3 pro Jahr oder 50%/50%-Modelle). Das Formular ist am 25.09.2025 von einer Vollmacht unterschrieben.
منحةInsider Yum China Holdings: تلقّى جيف كواي، المدير العام لـ Pizza Hut وموظفًا في Yum China Holdings (YUMC)، وحدات أسهم مقيدة مرتبطة بتوزيعات، كما ورد في 23/09/2025. تتضمن الم file الإشعار خمس إصدارات لـ RSU من 4، 4، 16، 51، و71 وحدة، وكل وحدة تتحول واحدًا مقابل واحد إلى أسهم عادية بسعر 0 دولار. بعد هذه المنح، تُسجل كميات الأسهم العادية المملوكة following المعاملات كـ784، 834، 2,851، 9,162، و12,679 سهماً على التوالي. تتّبع RSU جداول vesting للمنح الأساسية (تُقَسَّم 1/4 سنويًا، 1/3 سنويًا، أو ترتيبات 50%/50%). النموذج موقع بواسطة توكيل يوم 25/09/2025.
Yum China Holdings 内幕奖励： Jeff Kuai，Pizza Hut 的总经理及 Yum China Holdings（YUMC）的高级职员，获得了与股息等值的受限股票单位（RSU），报告日期为 2025/09/23。申报列出五笔 RSU 发放，总计 4、4、16、51、71 单位，每单位按1:1转成普通股，价格为0美元。完成这些授予后，交易后实际持有的普通股数量分别为784、834、2,851、9,162、12,679 股。RSU 的归属按基础授予的 vesting 计划执行（不同为每年1/4、每年1/3或50%/50%安排）。表格于 2025/09/25 由授权书签署。
- Grants align officer compensation with shareholders through dividend-equivalent RSUs tied to existing vesting schedules
- Clear disclosure of unit counts and resulting beneficial ownership (784; 834; 2,851; 9,162; 12,679 shares)
- No material negative events
Insights
TL;DR: Routine officer compensation via dividend-equivalent RSUs; limited direct market impact.
The Form 4 documents non-cash, dividend-equivalent RSU accruals to an officer, converting one-for-one to common shares and following existing vesting schedules. Such grants are compensation-related and dilute outstanding shares only upon conversion and vesting; the filing shows small unit counts per grant relative to total reported beneficial ownership levels. No cash proceeds were received as price is reported as $0 and no derivative exercises or disposals are indicated. This is a routine disclosure for equity-based compensation with neutral immediate implications for YUMC equity value.
TL;DR: Disclosure is clear on vesting linkage and shows alignment of executive pay to equity, not an unusual governance event.
The filer identifies the awards as dividend-equivalent RSUs tied to previously granted RSUs and specifies vesting mirroring the underlying grants (annual tranches or multi-year splits). The filing includes direct beneficial ownership amounts after the grants and notes the awards have no expiration. The presence of a power of attorney signature is documented. This disclosure aligns with standard governance practices for executive equity compensation and raises no immediate governance red flags based on the information provided.
Incentivo a dipendenti interno Yum China Holdings: Jeff Kuai, responsabile generale di Pizza Hut e dirigente di Yum China Holdings (YUMC), ha ricevuto Restricted Stock Units (RSU) collegate a dividendi, riportate il 23/09/2025. La pratica elenca cinque emissioni di RSU di 4, 4, 16, 51 e 71 unità, ciascuna convertibile 1:1 in azioni ordinarie con prezzo di $0. Dopo tali conferimenti, gli importi di azioni ordinarie detenute a seguito delle operazioni sono riportati come 784, 834, 2.851, 9.162 e 12.679 azioni rispettivamente. Le RSU seguono i piani di vesting legati agli assegni sottostanti (varie aliquote 1/4 all’anno, 1/3 all’anno o accordi 50%/50%). Il modulo è stato firmato da una procura il 25/09/2025.
Concesión de инсider de Yum China Holdings: Jeff Kuai, gerente general de Pizza Hut y oficial de Yum China Holdings (YUMC), recibió RSU (unidades de acciones restringidas equivalentes a dividendos) reportadas el 23/09/2025. La presentación enumera cinco emisiones de RSU de 4, 4, 16, 51 y 71 unidades, cada una convertible en una acción común a razón de 1:1 con un precio de $0. Después de estas concesiones, los montos de acciones comunes que posee tras estas transacciones se reportan como 784, 834, 2.851, 9.162 y 12.679 acciones respectivamente. Las RSU siguen los calendarios de vesting de las asignaciones subyacentes (varias 1/4 por año, 1/3 por año o esquemas 50%/50%). El formulario está firmado por poder notarial el 25/09/2025.
Yum China Holdings 내부자 보상: Pizza Hut의 일반 관리자인 Jeff Kuai가 Yum China Holdings(YUMC)의 임원으로서 배당금에 상응하는 RSU(제한 주식단위)를 2025년 9월 23일에 보고했습니다. 신고에는 4, 4, 16, 51, 71 주의 RSU 발행이 나열되며, 각각 1:1의 비율로 보통주로 전환되고 가격은 0달러입니다. 이 보상 후 보유하는 보통주 수는 각각 784, 834, 2,851, 9,162, 12,679 주로 보고됩니다. RSU는 기초 보상의 vesting 일정(연간 1/4, 연간 1/3, 또는 50%/50% 구조)에 따라 해제됩니다. 양식은 2025년 9월 25일에 위임장을 통해 서명되었습니다.
Attribution d’initié Yum China Holdings : Jeff Kuai, directeur général de Pizza Hut et dirigeant de Yum China Holdings (YUMC), a reçu des units d’actions restreintes avec dividende (RSU) rapportées le 23/09/2025. Le dossier énumère cinq émissions de RSU de 4, 4, 16, 51 et 71 unités, chacune convertible en actions ordinaires au taux de 1 pour 1 avec un prix de 0 $. Après ces attributions, les montants d’actions ordinaires détenues à la suite des transactions sont signalés comme 784 834, 2 851, 9 162 et 12 679 actions respectivement. Les RSU suivent les calendriers de vesting des attributions sous-jacentes (divers 1/4 par an, 1/3 par an ou arrangements 50%/50%). Le formulaire est signé par une procuration le 25/09/2025.
Yum China Holdings Insider-Zuwachs: Jeff Kuai, General Manager von Pizza Hut und Beauftragter von Yum China Holdings (YUMC), erhielt dividendengleiche Restricted Stock Units (RSUs), wie am 23.09.2025 gemeldet. Die Einreichung führt fünf RSU-Ausgaben von 4, 4, 16, 51 und 71 Einheiten auf, von denen jede eins zu eins in Stammaktien mit einem Preis von $0 umgewandelt wird. Nach diesen Zuwendungen werden die Beträge der biologisch gehaltenen Stammaktien nach den Transaktionen als 784, 834, 2.851, 9.162 und 12.679 Aktien jeweils angegeben. Die RSUs folgen den Vesting-Plänen der zugrunde liegenden Zuwendungen (verschiedene 1/4 pro Jahr, 1/3 pro Jahr oder 50%/50%-Modelle). Das Formular ist am 25.09.2025 von einer Vollmacht unterschrieben.
FAQ
What did Jeff Kuai report on Form 4 for YUMC?
How many shares will Jeff Kuai beneficially own after these transactions?
Did Jeff Kuai pay cash for these RSUs in the YUMC filing?
What vesting terms are disclosed for the RSUs in the YUMC Form 4?
Who signed the Form 4 for Jeff Kuai?
