YUM BRANDS INC 4

Sr. VP & Controller David Eric Russell exercised 23,163 stock appreciation rights and disposed of a total of 23,163 YUM common shares (including 7,961 shares sold at $153.15) on August 3, 2026 under a 10b5-1 plan.

On August 3, 2026, YUM! Brands Sr. Vice President and Controller David Eric Russell exercised 23,163 stock appreciation rights at a $68.00 exercise price, receiving an equivalent number of common shares, and on the same day disposed of 15,202 shares in a transaction reported as a disposition and separately sold 7,961 shares at an average price of $153.15 pursuant to a Rule 10b5-1 trading plan. After these transactions, he held 11,960 shares of YUM common stock directly. Based on the reported sale prices, the SAR exercise represented roughly $3.55 million of stock value, while the dispositions totaled about $3.49 million, indicating a largely monetizing and net-reducing transaction pattern associated with equity compensation rather than an open-market purchase.

Filing Facts

CIK

1041061

Ticker

YUM

Form

4

Source Type

sec

Accession

0001041061-26-000155

Alert Tier

6