Form 4: YUM Brands Director Leonard Alves Paget Reports Acquisition of Phantom Stock
SEC Form 4
Director Leonard Alves Paget reports acquisition of phantom stock under the YUM! Brands, Inc. Director Deferred Compensation Plan.
Summary
- On February 10, 2025, Leonard Alves Paget, a director of YUM Brands Inc., reported the acquisition of 2,092.4738 units of phantom stock.
- The phantom stock was accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan.
- The conversion of the phantom stock occurs on a one-for-one basis.
- Payments are made in accordance with elections on file.
- The phantom units do not have expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding insider transactions, and does not contain information that would significantly impact investor sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of phantom stock by a director, which is a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of transaction: Acquisition of phantom stock |
| 02/11/2025 | Date of signature for the Form 4 filing |
Keywords
YUM Brands, phantom stock, director compensation, Form 4, insider trading, Leonard Alves Paget
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