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

Signature
/s/ Brittany Bodkin, POA
Issuer symbol
YUM
Transactions as of
15 Sep 2025
Net transactions value
-$1,075,239
Form type
4
Filing time
15 Sep 2025, 12:45:20 UTC
Previous filing
05 Sep 2025
Next filing
02 Oct 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 15 Sep 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 +7.6% $49.66 110,681 15 Sep 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $386,880 -2,588 -2.3% $149.49 108,093 15 Sep 2025 Direct F1
transaction YUM Common Stock Sale $778,960 -5,200 -4.8% $149.80 102,893 15 Sep 2025 Direct F1
transaction YUM Common Stock Options Exercise $180,437 +3,184 +3.1% $56.67 106,077 15 Sep 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $180,584 -1,208 -1.1% $149.49 104,869 15 Sep 2025 Direct F1
transaction YUM Common Stock Sale $296,005 -1,976 -1.9% $149.80 102,893 15 Sep 2025 Direct F1
holding YUM Common Stock 0 15 Sep 2025 By Spouse
holding YUM Common Stock 72,499 15 Sep 2025 Trust - DWG
holding YUM Common Stock 48,394 15 Sep 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 -25% $0.000000 23,362 15 Sep 2025 Common Stock 7,788 $49.66 Direct F1, F2
transaction YUM Stock Appreciation Right Options Exercise $0 -3,184 -17% $0.000000 15,918 15 Sep 2025 Common Stock 3,184 $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.