Welcome to our dedicated page for Yum China Holdings SEC filings (Ticker: YUMC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Yum China Holdings's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Yum China Holdings's regulatory disclosures and financial reporting.
Yum China Holdings reports 2025 revenue of $11.8 billion and a network of 18,101 restaurants across more than 2,500 cities in China, led by KFC and Pizza Hut. About 83% of locations are company-operated, with the rest franchised.
The company is executing its “RGM 3.0” strategy to reach 20,000 stores in 2026 and over 30,000 by 2030, expand into up to 4,500 cities, and grow a hybrid equity–franchise model. Delivery contributed roughly 48% of 2025 sales, while digital ordering accounted for about 94% of sales and loyalty programs exceeded 590 million members.
Yum China emphasizes heavy investment in digitalization, AI-enabled operations and supply chain, and a rapidly expanding coffee portfolio via KCOFFEE Cafes and Lavazza. It also highlights significant legal, tax, currency and regulatory risks tied to operating and raising capital in China, including PCAOB inspection, HFCAA exposure and tight rules on cash movement and dividends from Chinese subsidiaries. In 2025, it received around $783 million in dividends from China subsidiaries, upstreamed $1,023 million from Hong Kong entities, paid $353 million in cash dividends, and repurchased $1,136 million of stock.
Yum China Holdings, Inc. Controller and PAO Lu Xueling reported several equity transactions in company stock. Lu exercised a stock appreciation right covering 3,726 shares of common stock at a price of $26.56 per share, increasing direct common stock holdings before subsequent transactions. On the same date, Lu disposed of 1,769 shares of common stock back to the issuer at $55.97 per share and sold a total of 23,504 common shares in open‑market transactions at prices reported as $55.92 and $55.83 per share, each executed in multiple trades within disclosed price ranges. Following these transactions, Lu directly owned 9,042 shares of Yum China common stock.
Yum China Holdings submitted a Form 144 notice reporting proposed sales of Common stock tied to a SAR exercise and sale and multiple restricted stock vest events. The filing lists dated entries including 02/10/2017, 02/09/2021, 02/07/2022, 01/17/2023, 02/10/2023, 01/24/2024, and 02/05/2024, with sample share counts of 1,957 and 1,762.
Yum China Holdings, Inc. reported an open-market sale of common stock by its Chief Executive Officer and director Joey Wat. On February 13, 2026, Wat sold 104,000 shares of Yum China common stock in an open-market transaction at a weighted average price of $55.18 per share, executed in multiple trades between $55.01 and $55.29. Following this sale, Wat directly beneficially owned 433,306 shares of common stock and indirectly beneficially owned an additional 272,944 shares through a controlled corporation and trust.
Joey Wat, an insider of Yum China Holdings (symbol YUMC), has filed a notice of proposed sale under Rule 144 covering 104,000 shares of the company’s common stock. The filing lists an aggregate market value of $5,738,955.46 and notes that the shares are expected to be sold through Merrill on the NYSE around February 13, 2026. The notice states that Yum China had 361,419,215 shares outstanding at the time referenced. The shares to be sold were acquired via multiple restricted stock vesting transactions from China Holdings between February 2025 and January 2026, and the filing also reports a prior sale of 4,613 shares on February 11, 2026 for gross proceeds of $262,997.31.
Yum China Holdings Chief Financial Officer Adrian Ding reported equity award activity involving company stock. On February 10, 2026, he exercised restricted stock units into 580 shares of common stock and another 3,153 shares, both at an exercise price of $0 per share under his award terms.
In connection with these awards, 1,681 common shares were disposed of at $57.12 per share to satisfy tax obligations through share delivery rather than cash. After these transactions, Ding directly owned 52,398 shares of Yum China common stock and held 6,403 restricted stock units, which convert to common stock on a one-for-one basis subject to vesting schedules beginning from February 10, 2022 and February 10, 2025.
Yum China Holdings officer Jeff Kuai, General Manager of Pizza Hut, reported equity award activity on February 10, 2026. He exercised restricted stock units that convert to common stock on a one-for-one basis, acquiring 792 and 4,204 shares of common stock at an exercise price of $0 per share.
To cover tax obligations from these awards, 2,249 common shares were disposed of at $57.12 per share through a tax-withholding transaction, not an open-market sale. After these transactions, Kuai directly owned 67,853 shares of Yum China common stock.
Yum China Holdings CEO and director Joey Wat reported multiple stock transactions around February 10–11, 2026. She acquired 6,861 and 35,040 shares of common stock at $0 per share through the conversion of restricted stock units, reflecting equity awards becoming shares.
To cover tax obligations tied to these awards, she disposed of 1,180 and 3,189 shares at $57.12 per share. On February 11, 2026, she executed an open-market sale of 4,613 shares at an average price of $57.01. After these transactions, she held 537,306 shares directly and 272,944 shares indirectly through a controlled corporation and trust.
Yum China Holdings, Inc. Chief People Officer Jerry Ding reported several share transactions on February 10, 2026. He acquired 1,751 shares of common stock and another 359 shares through one-for-one conversion of restricted stock units at an exercise price of $0.
To cover tax withholding, 903 shares of common stock were disposed of at $57.12 per share. After these transactions, he directly owned 3,577 shares of common stock and 3,557 restricted stock units, which vest in annual installments under previously granted awards.
Yum China Holdings Chief Legal Officer Pingping Liu reported routine equity compensation activity. On February 10, 2026, Liu exercised restricted stock units that convert on a one-for-one basis into a total of 2,020 shares of common stock (269 shares from one RSU grant and 1,751 shares from another).
To satisfy tax withholding obligations, 823 common shares were disposed of at $57.12 per share. After these transactions, Liu directly held 16,183 shares of Yum China common stock and 3,557 restricted stock units that continue to vest over time under previously disclosed schedules.