Tracy L. Skeans - 17 Nov 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ Brittany Bodkin, POA
Issuer symbol
YUM
Transactions as of
17 Nov 2025
Net transactions value
-$3,627,917
Form type
4
Filing time
18 Nov 2025, 12:10:34 UTC
Previous filing
18 Aug 2025
Next filing
09 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Skeans Tracy L COO and CPO 1441 GARDINER LANE, LOUISVILLE /s/ Brittany Bodkin, POA 18 Nov 2025 0001660119

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $1,994,923 +25,553 $78.07 25,553 17 Nov 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $1,994,931 -13,387 -52% $149.02 12,166 17 Nov 2025 Direct F1
transaction YUM Common Stock Sale $1,814,924 -12,166 -100% $149.18 0 17 Nov 2025 Direct F1
transaction YUM Common Stock Options Exercise $1,994,923 +25,553 $78.07 25,553 17 Nov 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $1,994,931 -13,387 -52% $149.02 12,166 17 Nov 2025 Direct F1
transaction YUM Common Stock Sale $1,812,977 -12,166 -100% $149.02 0 17 Nov 2025 Direct F1
holding YUM Common Stock 2,103 17 Nov 2025 401(k) Plan
holding YUM Common Stock 2,970 17 Nov 2025 Skeans Trust

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 -25,553 -42% $0.000000 35,423 17 Nov 2025 Common Stock 25,553 $78.07 Direct F1
transaction YUM Stock Appreciation Right Options Exercise $0 -25,553 -72% $0.000000 9,870 17 Nov 2025 Common Stock 25,553 $78.07 Direct F1
* 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