Form 4: YUM Brands Director Christopher M. Connor Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Christopher M. Connor reports acquiring phantom stock in YUM Brands, Inc. under the Director Deferred Compensation Plan.
Summary
- Christopher M. Connor, a director of YUM Brands Inc., filed a Form 4 with the SEC.
- The filing reports a transaction on February 10, 2025, where Connor acquired phantom stock.
- Specifically, 2,024.9747 units of phantom stock were acquired under the YUM! Brands, Inc. Director Deferred Compensation Plan.
- These phantom units convert on a one-for-one basis into common stock.
- Following the transaction, Connor directly owns 2,024.9747 derivative securities.
- Payments are made in accordance with elections on file.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to director compensation and deferred compensation plans, 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 on the Form 4 filing. |
Keywords
YUM Brands, Christopher M. Connor, Form 4, Phantom Stock, Director Deferred Compensation Plan, Director, SEC Filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.