David W. Gibbs - May 15, 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
May 15, 2025
Transactions value $
-$1,028,402
Form type
4
Date filed
5/15/2025, 11:44 AM
Previous filing
Apr 15, 2025
Next filing
May 30, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gibbs David W Chief Executive Officer, Director 7100 CORPORATE DRIVE, PLANO /s/ M. Gayle Hobson, POA 2025-05-15 0001628590

Transactions Table

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 -7.79K -12.5% $0.00 54.5K May 15, 2025 Common Stock 7.79K $49.66 Direct F1, F3
transaction YUM Stock Appreciation Right Options Exercise $0 -3.18K -10% $0.00 28.7K May 15, 2025 Common Stock 3.18K $56.67 Direct F1, F3
* 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 Pursuant to 10b5-1 Plan
F3 Vesting occurs 25% per year beginning one year from grant date.