David W. Gibbs - 17 Mar 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
17 Mar 2025
Net transactions value
-$816,490
Form type
4
Filing time
18 Mar 2025, 10:29:35 UTC
Previous filing
07 Mar 2025
Next filing
02 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $386,752 +7,788 +4.9% $49.66 165,681 17 Mar 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $386,850 -2,495 -1.5% $155.05 163,186 17 Mar 2025 Direct F1
transaction YUM Common Stock Sale $816,392 -5,293 -3.2% $154.24 157,893 17 Mar 2025 Direct F1
holding YUM Common Stock 39,499 17 Mar 2025 Trust - DWG
holding YUM Common Stock 26,394 17 Mar 2025 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 -7,788 -10% $0.000000 70,090 17 Mar 2025 Common Stock 7,788 $49.66 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
F2 Vesting occurs 25% per year beginning one year from grant date.