David W. Gibbs - 15 Oct 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
15 Oct 2024
Transactions value $
-$941,712
Form type
4
Filing time
16 Oct 2024, 10:46:35 UTC
Previous filing
02 Oct 2024
Next filing
18 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Sale -$436,763 -3,249 -2.1% $134.43 152,634 15 Oct 2024 Direct F1
transaction YUM Common Stock Options Exercise $326,210 +6,197 +4.1% $52.64 158,831 15 Oct 2024 Direct F1
transaction YUM Common Stock Disposed to Issuer -$326,239 -2,441 -1.5% $133.65 156,390 15 Oct 2024 Direct F1
transaction YUM Common Stock Sale -$504,919 -3,756 -2.4% $134.43 152,634 15 Oct 2024 Direct F1
holding YUM Common Stock 39,499 15 Oct 2024 Trust - DWG
holding YUM Common Stock 26,394 15 Oct 2024 Trust SJG

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction YUM Stock Appreciation Right Options Exercise $0 -6,197 -33% $0 12,392 15 Oct 2024 Common Stock 6,197 $52.64 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Pursuant to 10b5-1 plan that was adopted December 1, 2023
F2 Vesting occurs 25% per year beginning one year from grant date.