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

Signature
/s/ Brittany Bodkin, POA
Stock symbol
YUM
Transactions as of
Jul 15, 2025
Transactions value $
-$1,043,503
Form type
4
Date filed
7/15/2025, 11:46 AM
Previous filing
Jul 3, 2025
Next filing
Aug 18, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gibbs David W Chief Executive Officer, Director 7100 CORPORATE DRIVE, PLANO /s/ Brittany Bodkin, POA 2025-07-15 0001628590

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $387K +7.79K +7.57% $49.66 111K Jul 15, 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer -$387K -2.63K -2.37% $147.17 108K Jul 15, 2025 Direct F1
transaction YUM Common Stock Sale -$756K -5.16K -4.78% $146.60 103K Jul 15, 2025 Direct F1
transaction YUM Common Stock Options Exercise $180K +3.18K +3.09% $56.67 106K Jul 15, 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer -$181K -1.23K -1.16% $147.17 105K Jul 15, 2025 Direct F1
transaction YUM Common Stock Sale -$287K -1.96K -1.87% $146.60 103K Jul 15, 2025 Direct F1
holding YUM Common Stock 0 Jul 15, 2025 By Spouse
holding YUM Common Stock 72.5K Jul 15, 2025 Trust - DWG
holding YUM Common Stock 48.4K Jul 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 -16.67% $0.00 38.9K Jul 15, 2025 Common Stock 7.79K $49.66 Direct F1, F2
transaction YUM Stock Appreciation Right Options Exercise $0 -3.18K -12.5% $0.00 22.3K Jul 15, 2025 Common Stock 3.18K $56.67 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.