Form 4: Yum China Executive Wang Warton Reports Stock Transactions
SEC Form 4 Filing
Yum China's General Manager of KFC, Wang Warton, reports the acquisition and disposal of common stock and derivative securities.
Summary
- On May 5, 2024, Wang Warton, General Manager of KFC at Yum China Holdings, Inc., reported transactions involving the company's stock.
- These transactions included the acquisition of 3,761 shares of common stock and the disposal of 1,693 shares at a price of $38.41.
- Following these transactions, Wang Warton directly owns 21,323 shares of common stock.
- Additionally, 3,761 Restricted Stock Units were converted, leaving a balance of 3,757.
- The reporting was filed on May 6, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.
Stakeholder Impact
- Shareholders are informed about insider trading activities, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 05/05/2024 | Date of stock transactions (acquisition and disposal). |
| 05/06/2024 | Date of Form 4 filing. |
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