Form 4: YUM Brands Executive David Eric Russell Reports Stock Transactions

David Eric Russell, Vice President and Controller of YUM Brands, reports transactions involving common stock and phantom stock on April 1, 2024.

Summary

• David Eric Russell, a Vice President and Controller at YUM Brands Inc., filed a Form 4 detailing changes in beneficial ownership.
• On April 1, 2024, Russell engaged in multiple transactions involving YUM Brands common stock.
• These transactions included the acquisition of 4,195 shares and 1,398 shares of common stock at a price of $138.65, as well as the disposal of 1,720 shares and 574 shares of common stock at the same price.
• Russell also reported transactions involving phantom stock, acquiring 4,195 and 1,398 units.
• Following these transactions, Russell directly owns 21,960 shares of common stock and indirectly owns 851 shares through 401(k) holdings.
• He also owns 0.8702 and 0.6234 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at YUM Brands.

Key Dates