Form 4: Yum Brands Inc. Executive Russell David Eric Reports Changes in Beneficial Ownership

Vice President and Controller of Yum Brands Inc., Russell David Eric, reports changes in beneficial ownership of phantom stock on February 10, 2025.

Summary

• On February 10, 2025, Russell David Eric, Vice President and Controller of Yum Brands Inc., filed a Form 4 to report changes in beneficial ownership.
• The reported transactions involve phantom stock, which converts on a one-for-one basis to common stock.
• Two transactions were reported: one involving 53 shares and another involving 18 shares, both related to payments made in accordance with elections on file.
• The price for both transactions is $143.56.
• Following the reported transactions, Russell David Eric directly owns 2,318.0024 and 806.4441 phantom stock shares.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It's a standard practice across publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Yum Brands, Russell David Eric, Phantom Stock, Securities, Transaction