Form 4: YUM Brands CEO Sean Tresvant Reports Stock Transactions

Sean Tresvant, CEO of Taco Bell and officer of YUM Brands Inc, reports the acquisition and disposal of common stock and restricted stock units on February 11, 2025.

Summary

• On February 11, 2025, Sean Tresvant, CEO of Taco Bell and an officer of YUM Brands Inc, reported transactions involving YUM Brands' common stock and restricted stock units.
• Tresvant acquired 1,446 shares of common stock through the vesting of restricted stock units at a price of $146.65.
• He disposed of 524 shares of common stock to cover tax obligations at a price of $146.65.
• Following these transactions, Tresvant directly owns 3,993 shares of common stock and indirectly owns 33 shares through a 401(k) plan.
• He also reported owning 1,393.7 restricted stock units.
• The restricted stock units vest 25% per year starting one year from the grant date, with the final distribution occurring four years from the grant date.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

YUM Brands, Sean Tresvant, Taco Bell, Stock Transactions, Form 4, Restricted Stock Units, Beneficial Ownership, Officer, Common Stock