Form 4: YUM Brands Executive Sabir Sami Reports Stock Transactions
SEC Form 4
Sabir Sami, Chief Executive Officer KFC at YUM Brands, reports multiple transactions involving common stock and derivative securities on August 7, 2024.
Summary
- On August 7, 2024, Sabir Sami, Chief Executive Officer KFC at YUM Brands, engaged in several transactions involving YUM Brands' common stock and derivative securities.
- These transactions included the disposition of common stock through sales, the acquisition of common stock through the exercise of stock appreciation rights and employee stock options, and the disposition of shares to cover taxes.
- The sales of common stock were executed at a price of $137.16.
- The exercises of stock appreciation rights and employee stock options were executed at prices ranging from $49.66 to $131.31.
- Following these transactions, Sami directly owns 67.55 shares of common stock.
- Sami also owns derivative securities including stock appreciation rights and employee stock options.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the executive's trading activity.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The reported transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/05/2017 | Grant date for some Stock Appreciation Rights |
| 02/10/2018 | Grant date for some Stock Appreciation Rights and Employee Stock Options |
| 02/12/2019 | Grant date for some Stock Appreciation Rights |
| 02/11/2020 | Grant date for some Stock Appreciation Rights |
| 02/10/2021 | Grant date for some Employee Stock Options |
| 11/13/2021 | Grant date for some Employee Stock Options |
| 01/07/2022 | Grant date for some Employee Stock Options |
| 08/07/2024 | Date of reported transactions |
| 08/09/2024 | Date of signature |
| 02/05/2026 | Expiration date for some Stock Appreciation Rights |
| 02/10/2027 | Expiration date for some Stock Appreciation Rights and Employee Stock Options |
| 02/12/2028 | Expiration date for some Stock Appreciation Rights |
| 02/11/2029 | Expiration date for some Stock Appreciation Rights |
| 02/10/2030 | Expiration date for some Employee Stock Options |
| 11/13/2030 | Expiration date for some Employee Stock Options |
| 02/11/2032 | Expiration date for some Employee Stock Options |
| 02/10/2033 | Expiration date for some Employee Stock Options |
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