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

Role
Chief Legal Officer
Signature
/s/ Pingping Liu
Issuer symbol
YUMC
Transactions as of
23 Dec 2025
Net transactions value
$0
Form type
4
Filing time
29 Dec 2025, 06:17:03 UTC
Previous filing
25 Sep 2025
Next filing
10 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LIU Pingping Chief Legal Officer YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI, CHINA /s/ Pingping Liu 29 Dec 2025 0002013881

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 +1 +0.38% $0.000000 267 23 Dec 2025 Common Stock 1 Direct F1, F2, F3
transaction YUMC Restricted Stock Unit Award $0 +2 +0.38% $0.000000 531 23 Dec 2025 Common Stock 2 Direct F1, F2, F3
transaction YUMC Restricted Stock Unit Award $0 +12 +0.46% $0.000000 2,629 23 Dec 2025 Common Stock 12 Direct F1, F3, F4
transaction YUMC Restricted Stock Unit Award $0 +26 +0.49% $0.000000 5,308 23 Dec 2025 Common Stock 26 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.