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Tracy L. Skeans, COO and CPO of Yum! Brands (YUM), reported multiple transactions dated 08/15/2025. The filing shows an award of 22,552 stock appreciation rights (SARs) with a $68 exercise/conversion price, of which 16,181 SARs are reported as beneficially owned following the transaction. On the same date the form records non-derivative activity: a grant or acquisition labeled 22,552 shares at $68, a disposition of 10,332 shares at $148.43 leaving 12,220 shares, and a sale of 12,220 shares at $148.24 reducing direct common stock holdings to 0. The report also lists indirect holdings of 2,103 shares through a 401(k) plan and 2,970 shares in the Skeans Trust. The form includes an explanation that vesting occurs 25% per year beginning one year from grant.

Yum! Brands CEO and director David W. Gibbs reported multiple transactions in YUM common stock on 08/15/2025 executed pursuant to a 10b5-1 plan. The filing shows exercises/settlements of Stock Appreciation Rights (SARs) at exercise prices of $49.66 (7,788 SARs) and $56.67 (3,184 SARs). Proceeds-funded or plan-driven acquisitions are marked Code M, and several disposals/sales occurred the same day at prices around $146.77鈥�$146.84 (aggregate reported sales: 7,106 shares). Following the reported transactions the filing lists 102,893.15 shares beneficially owned directly. The report discloses two trusts (DWG and SJG) holding 72,499 and 48,394 shares indirectly and notes SAR vesting of 25% per year from grant.

YUM filer submitted a Form 144 notifying a proposed sale of 12,220 common shares, scheduled approximately for 08/15/2025. The filing lists the broker as Merrill (8890 Lyra Dr, Columbus, OH) and reports an aggregate market value of $1,811,513.00 for the shares. The securities were acquired on 02/10/2017 via a stock option exercise from Yum! Brands Inc and the intended payment form is shares. The filing shows 279,101,936 shares outstanding, making the proposed sale roughly 0.0044% of outstanding common stock. No sales by the same person are reported in the prior three months.

Form 144 notice for Yum! Brands, Inc. (YUM) shows a proposed sale of 7,106 common shares through Merrill Lynch (Columbus, OH) with an aggregate market value of $1,043,445.00, scheduled for 08/15/2025 on the NYSE. The filing states the shares were acquired via SAR exercise and sale on 02/05/2016 (5,152 shares) and 05/20/2016 (1,954 shares), and payment will be in stock. The filer discloses prior sales by the same person in the past three months: on 07/15/2025 (7,117 shares, gross proceeds $1,043,352.00) and on 06/16/2025 (7,032 shares, gross proceeds $1,012,608.00). The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and a signature/attestation section.

Insider transaction disclosure for YUM: The Form 4 reports that Tracy L. Skeans adjusted holdings in Yum! Brands common stock by recording a disposition of 2,970 shares and an acquisition of 2,970 shares at a reported price of $145.22 per share under transaction code G. After the reported activity, the filing shows 0 shares directly owned, 2,970 shares held indirectly through the Skeans Trust, and 2,103 shares held indirectly via a 401(k) plan.

Insider transactions by Mirian M. Graddick Weir, a director of Yum! Brands (YUM): the Form 4 reports multiple transactions on 08/14/2025. She acquired 3,096 common shares (reported as M code) at $49.66 and increased her beneficial holdings to 4,329 shares. On the same date she disposed of 1,058 shares at $145.39 and sold 2,038 shares at $145.30, leaving 1,233 shares reported as directly owned. A Stock Appreciation Right tied to 3,096 shares (exercise price $49.66) is listed with expiration 02/05/2026.

Yum! Brands, Inc. (YUM) filed a Form 144 reporting a proposed sale of 2,038 common shares to be executed approximately on 08/14/2025 on the NYSE through Merrill. The filing lists an aggregate market value of $296,125, implying an approximate price of $145.34 per share based on the reported figures.

The securities were acquired on 02/05/2016 via a SAR exercise from Yum Brands Inc. The filing shows 277,535,696 shares outstanding, so the proposed sale represents about 0.00073% of outstanding common stock. The form shows no sales in the past three months. Certain filer contact fields and the notice date are not provided in the submitted content.

Form 4 filing for Yum! Brands (YUM) dated 08/06/2025 shows Director Brian C. Cornell fully exercising two stock-appreciation-right (SAR) awards and immediately disposing of the resulting shares.

• Exercises: 3,096 shares at an exercise price of $49.66 and 148 shares at $57.06 (Code M).
• Tax-withheld dispositions: 1,103 and 61 shares at $139.50 (Code D).
• Open-market sales: 1,993 and 87 shares at $139.92 (Code S).

After the sequence of transactions, Cornell鈥檚 direct ownership fell to 0 shares; no derivative securities remain outstanding. The filing indicates a complete exit from direct equity exposure following the option exercises.