A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 10 filings in this group are Form 4s for Yum! Brands, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 10 insider filings shown, the breakdown is 8 open-market sale, 1 compensation award and 1 option exercise. 8 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-07
YUM insider Turner Christopher Lee (Director, Chief Executive Officer) sold 285 shares (~$39.9K)
Turner Christopher Lee, listed as Director, Chief Executive Officer at YUM BRANDS INC, reported an open-market sale of 285 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
285 |
$140.11 |
$39.9K |
Filing: Form 4 (Insider Transaction)
Insider: Turner Christopher Lee (Director, Chief Executive Officer)
Shares: 285
Est. Value: $39.9K
Form 4
Open-market sale
Insider Selling
2026-10-01
YUM insider Mezvinsky Scott (KFC Division CEO) sold 241 shares (~$33.0K)
Mezvinsky Scott, listed as KFC Division CEO at YUM BRANDS INC, reported an open-market sale of 241 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
482 |
$68.00 |
$32.8K |
D |
Disposition to issuer
|
241 |
$136.43 |
$32.9K |
S |
Open-market sale
|
241 |
$136.89 |
$33.0K |
M |
Option exercise
derivative · Stock Appreciation Right
|
482 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mezvinsky Scott (KFC Division CEO)
Shares: 241
Est. Value: $33.0K
Form 4
Open-market sale
Insider Selling
2026-09-01
YUM insider Mezvinsky Scott (KFC Division CEO) sold 268 shares (~$41.2K)
Mezvinsky Scott, listed as KFC Division CEO at YUM BRANDS INC, reported an open-market sale of 268 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
482 |
$68.00 |
$32.8K |
D |
Disposition to issuer
|
214 |
$153.31 |
$32.8K |
S |
Open-market sale
|
268 |
$153.64 |
$41.2K |
M |
Option exercise
derivative · Stock Appreciation Right
|
482 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mezvinsky Scott (KFC Division CEO)
Shares: 268
Est. Value: $41.2K
Form 4
Open-market sale
Insider Selling
2026-09-01
YUM insider Turner Christopher Lee (Director, Chief Executive Officer) sold 261 shares (~$40.1K)
Turner Christopher Lee, listed as Director, Chief Executive Officer at YUM BRANDS INC, reported an open-market sale of 261 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
261 |
$153.64 |
$40.1K |
Filing: Form 4 (Insider Transaction)
Insider: Turner Christopher Lee (Director, Chief Executive Officer)
Shares: 261
Est. Value: $40.1K
Form 4
Compensation award
Tax / Compensation Filing
2026-08-28
YUM insider Form 4 filed for equity award, exercise, or tax withholding
Bratspies Stephen B (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
309 |
— |
— |
A |
Compensation award
derivative · Phantom Stock
|
165 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Bratspies Stephen B (Director)
Form 4
Open-market sale
Insider Selling
2026-08-24
YUM insider Skeans Tracy L (COO and CPO) sold 3,494 shares (~$552.1K)
Skeans Tracy L, listed as COO and CPO at YUM BRANDS INC, reported an open-market sale of 3,494 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
3,494 |
$158.00 |
$552.1K |
Filing: Form 4 (Insider Transaction)
Insider: Skeans Tracy L (COO and CPO)
Shares: 3,494
Est. Value: $552.1K
Form 4
Option exercise
Tax / Compensation Filing
2026-08-20
YUM insider Form 4 filed for equity award, exercise, or tax withholding
Tresvant Sean (Taco Bell, CEO, YUM CCO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
4,101 |
$144.86 |
$594.1K |
F |
Tax withholding on vested shares
|
2,035 |
$144.86 |
$294.8K |
J |
Other transaction
derivative · Restricted Stock Units
|
19 |
— |
— |
J |
Other transaction
derivative · Restricted Stock Units
|
19 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
4,101 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Tresvant Sean (Taco Bell, CEO, YUM CCO)
Shares: 6,136
Form 4
Open-market sale
Insider Selling
2026-08-04
YUM insider Russell David Eric (Sr. Vice President, Controller) sold 7,961 shares (~$1.22M)
Russell David Eric, listed as Sr. Vice President, Controller at YUM BRANDS INC, reported an open-market sale of 7,961 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
23,163 |
$68.00 |
$1.58M |
D |
Disposition to issuer
|
15,202 |
$153.28 |
$2.33M |
S |
Open-market sale
|
7,961 |
$153.15 |
$1.22M |
M |
Option exercise
derivative · Stock Appreciation Right
|
23,163 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Russell David Eric (Sr. Vice President, Controller)
Shares: 7,961
Est. Value: $1.22M
Form 4
Open-market sale
Insider Selling
2026-08-03
YUM insider Mezvinsky Scott (KFC Division CEO) sold 268 shares (~$41.0K)
Mezvinsky Scott, listed as KFC Division CEO at YUM BRANDS INC, reported an open-market sale of 268 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
483 |
$68.00 |
$32.8K |
D |
Disposition to issuer
|
215 |
$153.28 |
$33.0K |
S |
Open-market sale
|
268 |
$153.15 |
$41.0K |
M |
Option exercise
derivative · Stock Appreciation Right
|
483 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mezvinsky Scott (KFC Division CEO)
Shares: 268
Est. Value: $41.0K
Form 4
Open-market sale
Insider Selling
2026-08-03
YUM insider Turner Christopher Lee (Director, Chief Executive Officer) sold 261 shares (~$40.0K)
Turner Christopher Lee, listed as Director, Chief Executive Officer at YUM BRANDS INC, reported an open-market sale of 261 YUM shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
261 |
$153.15 |
$40.0K |
Filing: Form 4 (Insider Transaction)
Insider: Turner Christopher Lee (Director, Chief Executive Officer)
Shares: 261
Est. Value: $40.0K