Form 4: Yum China Executive Jeff Kuai Reports Acquisition of 3,900 Shares
SEC Form 4 Filing
Yum China's General Manager of Pizza Hut, Jeff Kuai, reports the acquisition of 3,900 shares of common stock.
Summary
- On August 13, 2024, Jeff Kuai, General Manager of Pizza Hut at Yum China Holdings, Inc., acquired 3,900 shares of common stock.
- The shares were purchased at a weighted average price of $32.7193 per share.
- The transaction took place on the Hong Kong Stock Exchange at prices between HK$255.00 and HK$255.40, converted to USD at an exchange rate of 7.8.
- Following the transaction, Kuai directly owns 3,900 shares and indirectly owns 43,304 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a neutral document reflecting a standard insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, providing transparency to the market regarding the actions of company executives. It is a standard practice required by the SEC.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: Jeff Kuai acquired 3,900 shares of YUMC common stock. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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