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STOCK TITAN

[Form 4] Yum! Brands, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Yum! Brands (YUM) � Form 4 insider activity for 08/06/2025. KFC Division CEO Scott Mezvinsky exercised 409 Stock-Appreciation Rights (SARs) at $49.66, converting them to common shares. To cover taxes and take cash, he disposed of 146 shares at $139.50 (code D) and sold 263 shares on the open market at $139.92 (code S). Post-transactions he now owns 1,755 shares directly and 1,487 shares through the 401(k) plan, plus 1,636 unexercised SARs. The filing was executed under a pre-established Rule 10b5-1 trading plan, limiting any valuation inference. Overall share reduction is modest relative to his remaining equity and does not signal material corporate development.

Yum! Brands (YUM) � Attività insider Form 4 del 06/08/2025. Scott Mezvinsky, CEO della divisione KFC, ha esercitato 409 Stock-Appreciation Rights (SAR) a $49,66, convertendoli in azioni ordinarie. Per coprire le tasse e incassare denaro, ha ceduto 146 azioni a $139,50 (codice D) e venduto 263 azioni sul mercato aperto a $139,92 (codice S). Dopo queste operazioni, possiede 1.755 azioni direttamente e 1.487 azioni tramite il piano 401(k), oltre a 1.636 SAR non esercitati. La comunicazione è stata effettuata nell’ambito di un piano di trading predefinito secondo la Regola 10b5-1, limitando qualsiasi interpretazione sul valore. La riduzione complessiva delle azioni è modesta rispetto al suo patrimonio residuo e non indica sviluppi aziendali significativi.

Yum! Brands (YUM) � Actividad de insiders Formulario 4 del 06/08/2025. Scott Mezvinsky, CEO de la división KFC, ejerció 409 Derechos de Apreciación de Acciones (SAR) a $49.66, convirtiéndolos en acciones comunes. Para cubrir impuestos y obtener efectivo, dispuso de 146 acciones a $139.50 (código D) y vendió 263 acciones en el mercado abierto a $139.92 (código S). Tras estas transacciones, posee 1,755 acciones directamente y 1,487 acciones a través del plan 401(k), además de 1,636 SAR sin ejercer. La presentación se realizó bajo un plan de trading preestablecido según la Regla 10b5-1, limitando cualquier inferencia sobre la valoración. La reducción total de acciones es modesta en relación con su patrimonio restante y no indica desarrollos corporativos significativos.

Yum! Brands (YUM) â€� 2025ë…� 8ì›� 6ì� ë‚´ë¶€ìž� 거래 Form 4 ë³´ê³ . KFC ë¶€ë¬� CEO 스콧 메즈빈스키가 $49.66ì—� 409ê°� ì£¼ì‹ ê°€ì¹� ìƒìй 권리(SAR)ë¥� 행사하여 보통주로 전환했습니다. 세금 ë‚©ë¶€ ë°� 현금 확보ë¥� 위해 146주를 $139.50ì—� 처분(코드 D)Çê˜ê³  263주를 공개 시장ì—서 $139.92ì—� 매ë„(코드 S)했습니다. 거래 í›� ì§ì ‘ 보유 주ì‹ì€ 1,755ì£�, 401(k) 플랜ì� 통한 주ì‹ì€ 1,487ì£�, 미행ì‚� SARëŠ� 1,636ê°�입니ë‹�. ì´ë²ˆ ì‹ ê³ ëŠ� 사전ì—� 설정ë� 10b5-1 규칙 거래 계íšì—� ë”°ë¼ ì´ë£¨ì–´ì ¸ ê°€ì¹� í‰ê°€ì—� 대í•� 추론ì� 제한합니ë‹�. ì „ì²´ ì£¼ì‹ ê°ì†ŒëŠ� ë‚¨ì€ ì§€ë¶„ì— ë¹„í•´ 미미하며 중요í•� 기업 ë³€í™� 신호ëŠ� 아닙니다.

Yum! Brands (YUM) � Activité des initiés Formulaire 4 au 06/08/2025. Scott Mezvinsky, PDG de la division KFC, a exercé 409 Stock-Appreciation Rights (SAR) à 49,66 $, les convertissant en actions ordinaires. Pour couvrir les impôts et obtenir des liquidités, il a cédé 146 actions à 139,50 $ (code D) et vendu 263 actions sur le marché ouvert à 139,92 $ (code S). Après ces opérations, il détient 1 755 actions en direct et 1 487 actions via le plan 401(k), ainsi que 1 636 SAR non exercés. Le dépôt a été effectué dans le cadre d’un plan de trading préétabli selon la règle 10b5-1, limitant toute interprétation sur la valorisation. La réduction globale des actions est modérée par rapport à son capital restant et ne signale pas de développement d’entreprise significatif.

Yum! Brands (YUM) � Insider-Aktivitäten Form 4 vom 06.08.2025. Scott Mezvinsky, CEO der KFC-Division, hat 409 Stock-Appreciation Rights (SARs) zu je 49,66 $ ausgeübt und in Stammaktien umgewandelt. Zur Deckung von Steuern und zur Auszahlung verkaufte er 146 Aktien zu 139,50 $ (Code D) und 263 Aktien am offenen Markt zu 139,92 $ (Code S). Nach den Transaktionen besitzt er 1.755 Aktien direkt und 1.487 Aktien über den 401(k)-Plan sowie 1.636 nicht ausgeübte SARs. Die Meldung erfolgte im Rahmen eines vordefinierten Rule 10b5-1 Handelsplans, wodurch Rückschlüsse auf die Bewertung eingeschränkt werden. Die Gesamtaktienreduktion ist im Verhältnis zu seinem verbleibenden Anteil gering und signalisiert keine wesentlichen Unternehmensentwicklungen.

Positive
  • None.
Negative
  • Executive trimmed direct holdings by 409 shares net, though scale is de minimis against company float.

Insights

TL;DR: Routine 10b5-1 exercise/sale; minimal impact.

The activity converts expiring SARs, standard for executives approaching expiration (02/05/2026). Net sale of 409-146-263 = 0 shares added; direct stake falls by 409�1,755, still meaningful. Transaction volume is immaterial versus YUM’s ~285 m shares outstanding. Conducted under 10b5-1, reducing information-content risk. I view the filing as neutral for valuation and sentiment.

Yum! Brands (YUM) � Attività insider Form 4 del 06/08/2025. Scott Mezvinsky, CEO della divisione KFC, ha esercitato 409 Stock-Appreciation Rights (SAR) a $49,66, convertendoli in azioni ordinarie. Per coprire le tasse e incassare denaro, ha ceduto 146 azioni a $139,50 (codice D) e venduto 263 azioni sul mercato aperto a $139,92 (codice S). Dopo queste operazioni, possiede 1.755 azioni direttamente e 1.487 azioni tramite il piano 401(k), oltre a 1.636 SAR non esercitati. La comunicazione è stata effettuata nell’ambito di un piano di trading predefinito secondo la Regola 10b5-1, limitando qualsiasi interpretazione sul valore. La riduzione complessiva delle azioni è modesta rispetto al suo patrimonio residuo e non indica sviluppi aziendali significativi.

Yum! Brands (YUM) � Actividad de insiders Formulario 4 del 06/08/2025. Scott Mezvinsky, CEO de la división KFC, ejerció 409 Derechos de Apreciación de Acciones (SAR) a $49.66, convirtiéndolos en acciones comunes. Para cubrir impuestos y obtener efectivo, dispuso de 146 acciones a $139.50 (código D) y vendió 263 acciones en el mercado abierto a $139.92 (código S). Tras estas transacciones, posee 1,755 acciones directamente y 1,487 acciones a través del plan 401(k), además de 1,636 SAR sin ejercer. La presentación se realizó bajo un plan de trading preestablecido según la Regla 10b5-1, limitando cualquier inferencia sobre la valoración. La reducción total de acciones es modesta en relación con su patrimonio restante y no indica desarrollos corporativos significativos.

Yum! Brands (YUM) â€� 2025ë…� 8ì›� 6ì� ë‚´ë¶€ìž� 거래 Form 4 ë³´ê³ . KFC ë¶€ë¬� CEO 스콧 메즈빈스키가 $49.66ì—� 409ê°� ì£¼ì‹ ê°€ì¹� ìƒìй 권리(SAR)ë¥� 행사하여 보통주로 전환했습니다. 세금 ë‚©ë¶€ ë°� 현금 확보ë¥� 위해 146주를 $139.50ì—� 처분(코드 D)Çê˜ê³  263주를 공개 시장ì—서 $139.92ì—� 매ë„(코드 S)했습니다. 거래 í›� ì§ì ‘ 보유 주ì‹ì€ 1,755ì£�, 401(k) 플랜ì� 통한 주ì‹ì€ 1,487ì£�, 미행ì‚� SARëŠ� 1,636ê°�입니ë‹�. ì´ë²ˆ ì‹ ê³ ëŠ� 사전ì—� 설정ë� 10b5-1 규칙 거래 계íšì—� ë”°ë¼ ì´ë£¨ì–´ì ¸ ê°€ì¹� í‰ê°€ì—� 대í•� 추론ì� 제한합니ë‹�. ì „ì²´ ì£¼ì‹ ê°ì†ŒëŠ� ë‚¨ì€ ì§€ë¶„ì— ë¹„í•´ 미미하며 중요í•� 기업 ë³€í™� 신호ëŠ� 아닙니다.

Yum! Brands (YUM) � Activité des initiés Formulaire 4 au 06/08/2025. Scott Mezvinsky, PDG de la division KFC, a exercé 409 Stock-Appreciation Rights (SAR) à 49,66 $, les convertissant en actions ordinaires. Pour couvrir les impôts et obtenir des liquidités, il a cédé 146 actions à 139,50 $ (code D) et vendu 263 actions sur le marché ouvert à 139,92 $ (code S). Après ces opérations, il détient 1 755 actions en direct et 1 487 actions via le plan 401(k), ainsi que 1 636 SAR non exercés. Le dépôt a été effectué dans le cadre d’un plan de trading préétabli selon la règle 10b5-1, limitant toute interprétation sur la valorisation. La réduction globale des actions est modérée par rapport à son capital restant et ne signale pas de développement d’entreprise significatif.

Yum! Brands (YUM) � Insider-Aktivitäten Form 4 vom 06.08.2025. Scott Mezvinsky, CEO der KFC-Division, hat 409 Stock-Appreciation Rights (SARs) zu je 49,66 $ ausgeübt und in Stammaktien umgewandelt. Zur Deckung von Steuern und zur Auszahlung verkaufte er 146 Aktien zu 139,50 $ (Code D) und 263 Aktien am offenen Markt zu 139,92 $ (Code S). Nach den Transaktionen besitzt er 1.755 Aktien direkt und 1.487 Aktien über den 401(k)-Plan sowie 1.636 nicht ausgeübte SARs. Die Meldung erfolgte im Rahmen eines vordefinierten Rule 10b5-1 Handelsplans, wodurch Rückschlüsse auf die Bewertung eingeschränkt werden. Die Gesamtaktienreduktion ist im Verhältnis zu seinem verbleibenden Anteil gering und signalisiert keine wesentlichen Unternehmensentwicklungen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Mezvinsky Scott

(Last) (First) (Middle)
7100 CORPORATE DRIVE

(Street)
PLANO TX 45024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [ YUM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
KFC Division CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/06/2025 M 409(1) A $49.66 2,164 D
Common Stock 08/06/2025 D 146(1) D $139.5 2,018 D
Common Stock 08/06/2025 S 263(1) D $139.92 1,755 D
Common Stock 1,487 I Held in 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $49.66 08/06/2025 M 409(1) 02/05/2020 02/05/2026 Common Stock 409 $0 1,636 D
Explanation of Responses:
1. Pursuant to 10b5-1 Plan
/s/ M. Gayle Hobson, POA 08/07/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Yum! Brands shares did Scott Mezvinsky sell?

He sold 263 shares in an open-market sale at $139.92 and disposed of 146 shares for tax purposes.

What was the exercise price of the SARs converted?

The Stock-Appreciation Rights were exercised at $49.66 per share.

How many Yum! Brands shares does Mezvinsky now own?

After the transactions he owns 1,755 direct shares and 1,487 shares in a 401(k), totaling 3,242.

Was the transaction pre-planned under Rule 10b5-1?

Yes. The filing notes execution pursuant to a Rule 10b5-1 trading plan.

Does this filing signal any change in Yum! Brands� outlook?

No. The modest, pre-planned sale is routine insider activity and not linked to operating performance.
Yum Brands

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39.29B
277.53M
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85.94%
1.78%
Restaurants
Retail-eating Places
United States
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