Form 4: Yum Brands COO Tracy Skeans Reports Stock Transactions
SEC Form 4 Filing
Tracy L. Skeans, COO and CPO of Yum Brands, reports the acquisition and disposal of common stock and restricted stock units on February 11, 2025.
Summary
- On February 11, 2025, Tracy L. Skeans, the COO and CPO of Yum Brands, engaged in transactions involving the company's stock.
- Skeans acquired 1,491 shares of common stock upon the vesting of restricted stock units at a price of $146.65.
- She also disposed of 588 shares to cover tax obligations at a price of $146.65.
- Following these transactions, Skeans directly owns 14,791.27 shares of Yum Brands common stock.
- Additionally, she indirectly owns 2,103 shares through a 401(k) plan and 7,251 shares through the Skeans Trust.
- Skeans also reported ownership of 1,494.02 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock disposals.
- The transactions have no impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of stock transactions (acquisition and disposal) and vesting of restricted stock units. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
| 02/11/2032 | Expiration date of the Restricted Stock Units. |
Keywords
Yum Brands, Tracy Skeans, stock transaction, Form 4, restricted stock units, common stock, insider trading
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