Thomas Nelson - 07 Nov 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Director
Signature: /s/ Brittany Bodkin, POA
Issuer symbol: YUM
Transactions as of: 07 Nov 2025
Net transactions value: -$5.4
Form type: 4
Filing time: 07 Nov 2025, 12:17:34 UTC
Previous filing: 11 Feb 2025
Next filing: 09 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Nelson Thomas	Director	NATIONAL GYPSUM COMPANY, 2001 REXDALE ROAD, CHARLOTTE	/s/ Brittany Bodkin, POA	07 Nov 2025	0001249592

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$153,747	+3,096	+15%	$49.66	24,327	07 Nov 2025	Direct
transaction	YUM	Common Stock	Disposed to Issuer	$153,753	-1,036	-4.3%	$148.41	23,291	07 Nov 2025	Direct

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	-3,096	-100%	$0.000000	0	07 Nov 2025	Common Stock	3,096	$49.66	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.