FORM 4
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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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
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| 1. Name and Address of Reporting Person * Powell Aaron | 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) CEO - Pizza Hut |
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3. Date of Earliest Transaction
(MM/DD/YYYY)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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 | ||||||||||
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1.Title of Security (Instr. 3) | 2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. 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 | ||||||
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
| 1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 | ||||||||
| Restricted Stock Units | (1) | 3/8/2024 | J | V | 10.22 | (2) | 2/11/2032 | Common Stock | 10.22 | $139.56 | 2,139.28 | D | |||
| Restricted Stock Units | $131.31 | 3/8/2024 | J | V | 15.72 | (2) | (3) | Common Stock | 15.72 | $139.56 | 3,290.86 | D | |||
| Restricted Stock Units | (1) | 3/8/2024 | J | V | 23.03 | (2) | (3) | Common Stock | 23.03 | $139.56 | 4,821.03 | D | |||
| Restricted Stock Units | (1) | 6/7/2024 | J | V | 10.24 | (2) | 2/11/2032 | Common Stock | 10.24 | $139.97 | 2,149.52 | D | |||
| Restricted Stock Units | $131.31 | 6/7/2024 | J | V | 15.75 | (2) | (3) | Common Stock | 15.75 | $139.97 | 3,306.61 | D | |||
| Restricted Stock Units | (1) | 6/7/2024 | J | V | 23.08 | (2) | (3) | Common Stock | 23.08 | $139.97 | 4,844.11 | D | |||
| Restricted Stock Units | (1) | 9/6/2024 | J | V | 10.76 | (2) | 2/11/2032 | Common Stock | 10.76 | $133.87 | 2,160.28 | D | |||
| Restricted Stock Units | $131.31 | 9/6/2024 | J | V | 16.55 | (2) | (3) | Common Stock | 16.55 | $133.87 | 3,323.16 | D | |||
| Restricted Stock Units | (1) | 9/6/2024 | J | V | 24.24 | (2) | (3) | Common Stock | 24.24 | $133.87 | 4,868.35 | D | |||
| Restricted Stock Units | (1) | 12/13/2024 | J | V | 10.56 | (2) | 2/11/2032 | Common Stock | 10.56 | $137 | 2,170.84 | D | |||
| Restricted Stock Units | $131.31 | 12/13/2024 | J | V | 16.25 | (2) | (3) | Common Stock | 16.25 | $137 | 3,339.41 | D | |||
| Restricted Stock Units | (1) | 12/13/2024 | J | V | 23.81 | (2) | (3) | Common Stock | 23.81 | $137 | 4,892.16 | D | |||
| Reporting Owners | |||||
| Reporting Owner Name / Address | |||||
| Director | 10% Owner | Officer | Other | ||
| Powell Aaron 1441 GARDINER LANE LOUISVILLE, KY 40213 | CEO - Pizza Hut | ||||
| Signatures | ||
| /s/ M. Gayle Hobson, POA | 1/29/2025 | |
| **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 control number. | |