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

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
15 May 2025
Transactions value $
-$1,028,402
Form type
4
Filing time
15 May 2025, 11:44:15 UTC
Previous filing
15 Apr 2025
Next filing
30 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gibbs David W Chief Executive Officer, Director 7100 CORPORATE DRIVE, PLANO /s/ M. Gayle Hobson, POA 15 May 2025 0001628590

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 15 May 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer -$386,851 -2,665 -1.6% $145.16 163,016 15 May 2025 Direct F1
transaction YUM Common Stock Sale -$745,755 -5,123 -3.1% $145.57 157,893 15 May 2025 Direct F2
transaction YUM Common Stock Options Exercise $180,437 +3,184 +2% $56.67 161,077 15 May 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer -$180,579 -1,244 -0.77% $145.16 159,833 15 May 2025 Direct F1
transaction YUM Common Stock Sale -$282,405 -1,940 -1.2% $145.57 157,893 15 May 2025 Direct F1
holding YUM Common Stock 39,499 15 May 2025 Trust - DWG
holding YUM Common Stock 26,394 15 May 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 -13% $0 54,514 15 May 2025 Common Stock 7,788 $49.66 Direct F1, F3
transaction YUM Stock Appreciation Right Options Exercise $0 -3,184 -10% $0 28,654 15 May 2025 Common Stock 3,184 $56.67 Direct F1, F3
* 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 Pursuant to 10b5-1 Plan
F3 Vesting occurs 25% per year beginning one year from grant date.