Form 4: Yum Brands Director Graddick Weir Mirian M Reports Acquisition of Phantom Stock

Director Graddick Weir Mirian M reports acquiring phantom stock in Yum Brands through a deferred compensation plan.

Summary

• On February 10, 2025, Director Graddick Weir Mirian M acquired phantom stock in Yum Brands.
• The acquisition was made under the YUM! Brands, Inc. Director Deferred Compensation Plan.
• A total of 2,024.9747 phantom stock units were acquired, convertible to common stock on a one-for-one basis.
• Following the transaction, the director beneficially owns 2,024.9747 derivative securities.
• The phantom units do not have expiration dates and payments are made in accordance with elections on file.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding a director's compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's increased stake in the company through a deferred compensation plan, which is a common practice.

Stakeholder Impact

• The acquisition of phantom stock by a director may have a minor positive impact on shareholder confidence, as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Form 4, Yum Brands, phantom stock, director, Graddick Weir Mirian M, deferred compensation, beneficial ownership