David W. Gibbs - Apr 15, 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
Apr 15, 2025
Transactions value $
-$753,893
Form type
4
Date filed
4/15/2025, 02:19 PM
Previous filing
Apr 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $387K +7.79K +4.93% $49.66 166K Apr 15, 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer -$387K -2.65K -1.6% $146.00 163K Apr 15, 2025 Direct F1
transaction YUM Common Stock Sale -$754K -5.14K -3.15% $146.70 158K Apr 15, 2025 Direct F1
holding YUM Common Stock 39.5K Apr 15, 2025 Trust - DWG
holding YUM Common Stock 26.4K Apr 15, 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 -7.79K -11.11% $0.00 62.3K Apr 15, 2025 Common Stock 7.79K $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 adopted on December 4, 2024
F2 Vesting occurs 25% per year beginning one year from grant date.