Joey Wat - 23 Dec 2025 Form 4 Insider Report for Yum China Holdings, Inc. (YUMC)

Role
Chief Executive Officer, Director
Signature
/s/ Pingping Liu, Power of Attorney
Issuer symbol
YUMC
Transactions as of
23 Dec 2025
Net transactions value
$0
Form type
4
Filing time
29 Dec 2025, 06:15:22 UTC
Previous filing
25 Sep 2025
Next filing
16 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wat Joey Chief Executive Officer, Director YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI, CHINA /s/ Pingping Liu, Power of Attorney 29 Dec 2025 0001685864

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 YUMC Restricted Stock Unit Award $0 +33 +0.48% $0.000000 6,856 23 Dec 2025 Common Stock 33 Direct F1, F2, F3
transaction YUMC Restricted Stock Unit Award $0 +141 +0.49% $0.000000 28,674 23 Dec 2025 Common Stock 141 Direct F1, F3, F4
transaction YUMC Restricted Stock Unit Award $0 +431 +0.49% $0.000000 87,703 23 Dec 2025 Common Stock 431 Direct F1, F3, F4
transaction YUMC Restricted Stock Unit Award $0 +522 +0.49% $0.000000 106,184 23 Dec 2025 Common Stock 522 Direct F1, F3, F4
* 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 These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
F3 This grant does not have an expiration date.
F4 These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.