David Eric Russell - 10 Feb 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
10 Feb 2025
Net transactions value
-$3,966,925
Form type
4
Filing time
11 Feb 2025, 15:50:11 UTC
Previous filing
09 Dec 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $854,003 +17,197 +78% $49.66 39,157 10 Feb 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $1,445,649 -10,070 -26% $143.56 29,087 10 Feb 2025 Direct F1
transaction YUM Common Stock Sale $1,030,778 -7,127 -25% $144.63 21,960 10 Feb 2025 Direct F1
transaction YUM Common Stock Options Exercise $854,003 +17,197 +78% $49.66 39,157 10 Feb 2025 Direct F1
transaction YUM Common Stock Disposed to Issuer $1,589,640 -11,073 -28% $143.56 28,084 10 Feb 2025 Direct F1
transaction YUM Common Stock Sale $885,714 -6,124 -22% $144.63 21,960 10 Feb 2025 Direct F1
transaction YUM Common Stock Sale $723,150 -5,000 -23% $144.63 16,960 10 Feb 2025 Direct F1
holding YUM Common Stock 851 10 Feb 2025 401(k) Holdings

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 -17,197 -100% $0.000000 0 10 Feb 2025 Common Stock 17,197 $49.66 Direct F1, F2
transaction YUM Stock Appreciation Right Options Exercise $0 -17,197 -100% $0.000000 0 10 Feb 2025 Common Stock 17,197 $49.66 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
F2 Vesting occurs 25% per year beginning one year from grant date.