Form 4: Yum Brands CEO David Gibbs Reports Stock Transactions
SEC Form 4 Filing
David Gibbs, CEO of Yum Brands, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On February 11, 2025, David Gibbs, the CEO of Yum Brands, engaged in transactions involving the company's stock.
- Gibbs acquired 5,900 shares of common stock at a price of $146.65 per share.
- He also disposed of 2,184 shares.
- Following these transactions, Gibbs directly owns 190,900.15 shares of Yum Brands common stock.
- Additionally, he indirectly owns 39,499 shares through a trust (DWG) and 26,394 shares through a trust (SJG).
- He also transacted 5,900 Restricted Stock Units, leaving him with 5,901.24 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade in their company's stock. It provides transparency to the market regarding the transactions of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into the CEO's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of stock and derivative security transactions. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Yum Brands, David Gibbs, Stock Transactions, Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock
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