Form 4: Thomas C. Nelson Reports Acquisition of Phantom Stock in YUM Brands Inc.
SEC Form 4 Filing
Director Thomas C. Nelson reports acquiring phantom stock in YUM Brands Inc. under the Director Deferred Compensation Plan.
Summary
- Thomas C. Nelson, a director of YUM Brands Inc., reported a transaction on February 10, 2025.
- The transaction involved the acquisition of 1,889.9764 units of phantom stock under the YUM! Brands, Inc. Director Deferred Compensation Plan.
- These phantom stock units convert on a one-for-one basis into common stock.
- The reporting person directly owns 1,889.9764 derivative securities following the reported transaction.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to director compensation and deferred compensation plans, which are common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of transaction: Acquisition of phantom stock. |
| 02/11/2025 | Date of signature by Power of Attorney. |
Keywords
YUM Brands Inc, Thomas C. Nelson, phantom stock, Director Deferred Compensation Plan, Form 4, director, beneficial ownership
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