Form 4: YUM Brands Director Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Keith Barr reports acquiring phantom stock units in YUM Brands, Inc. under the Director Deferred Compensation Plan.
Summary
- Keith Barr, a director of YUM Brands Inc., filed a Form 4 on February 11, 2025, reporting a transaction that occurred on February 10, 2025.
- The transaction involved the acquisition of 1,889.9764 units of phantom stock.
- These phantom stock units were accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan.
- The reporting person directly owns 1,889.9764 derivative securities after the reported transaction.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director compensation, and does not contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies. It provides transparency into the alignment of director interests with shareholder value.
Stakeholder Impact
- The acquisition of phantom stock aligns the director's interests with those of the shareholders, as the value of the phantom stock is tied to the performance of YUM Brands Inc.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of transaction: Acquisition of phantom stock. |
| 02/11/2025 | Date of Form 4 filing. |
Keywords
Form 4, YUM Brands, Director, Phantom Stock, Beneficial Ownership, Deferred Compensation
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.