David W. Gibbs - 16 Dec 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
16 Dec 2024
Net transactions value
-$522,923
Form type
4
Filing time
17 Dec 2024, 10:33:25 UTC
Previous filing
18 Nov 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $326,157 +6,196 +4.1% $52.64 155,581 16 Dec 2024 Direct F1
transaction YUM Common Stock Disposed to Issuer $326,197 -2,381 -1.5% $137.00 153,200 16 Dec 2024 Direct F1
transaction YUM Common Stock Sale $522,884 -3,815 -2.5% $137.06 149,385 16 Dec 2024 Direct F1
holding YUM Common Stock 39,499 16 Dec 2024 Trust - DWG
holding YUM Common Stock 26,394 16 Dec 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 -6,196 -100% $0.000000 0 16 Dec 2024 Common Stock 6,196 $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.