Tracy L. Skeans - 09 Feb 2026 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: COO and CPO
Signature: /s/ Brittany Bodkin, POA
Issuer symbol: YUM
Transactions as of: 09 Feb 2026
Net transactions value: +$136,654
Form type: 4
Filing time: 10 Feb 2026, 14:58:14 UTC
Previous filing: 09 Feb 2026
Next filing: 12 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Skeans Tracy L	COO and CPO	1441 GARDINER LANE, LOUISVILLE	/s/ Brittany Bodkin, POA	10 Feb 2026	0001660119

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$225,797	+1,421	+20%	$158.90	8,410	09 Feb 2026	Direct
transaction	YUM	Common Stock	Tax liability	$89,143	-561	-6.7%	$158.90	7,849	09 Feb 2026	Direct
holding	YUM	Common Stock						2,103	09 Feb 2026	401(k) Plan
holding	YUM	Common Stock						2,970	09 Feb 2026	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	Restricted Stock Units	Options Exercise	$0	-1,421	-33%	$0.000000	2,842	09 Feb 2026	Common Stock	1,421		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Conversion occurs on a one-for-one basis.
F2	Vesting occurs 25% per year beginning one year from grant date.
F3	The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.