Sean Tresvant - 09 Feb 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Taco Bell, CEO
Signature: /s/ M. Gayle Hobson, POA
Issuer symbol: YUM
Transactions as of: 09 Feb 2025
Net transactions value: +$85,705
Form type: 4
Filing time: 10 Feb 2025, 14:23:19 UTC
Previous filing: 03 Feb 2025
Next filing: 11 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$140,258	+977	+46%	$143.56	3,101	09 Feb 2025	Direct
transaction	YUM	Common Stock	Tax liability	$54,553	-380	-12%	$143.56	2,721	09 Feb 2025	Direct
holding	YUM	Common Stock						33	09 Feb 2025	401(k) Plan

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	-977	-25%	$0.000000	2,937	09 Feb 2025	Common Stock	977		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.