Mezvinsky Scott 4

What Happened Scott Mezvinsky, KFC Division CEO at YUM Brands (YUM), received four awards on February 6, 2026 that are reported as derivative grants (no cash purchase). The awards consist of 4,604; 19,335; 6,361.935; and 2,120.645 units, totaling 32,421.58 units. Each award is reported at $0.00 per unit (derivative/phantom-style awards or deferred units) and thus has no immediate cash purchase value in the filing.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-09 (appears filed within the normal reporting window).
• Reported price: $0.00 per unit for all grants (derivative awards).
• Aggregate units granted: 32,421.58 (4,604; 19,335; 6,361.935; 2,120.645).
• Shares owned after transaction: not specified in the supplied data.
• Relevant footnotes from the filing:
  • F1: Conversion is one-for-one (units convert to shares on a 1:1 basis).
  • F2: Vesting is 25% per year beginning one year from grant date.
  • F3: This grant has no expiration date.
  • F4: Payments are made per elections on file.
  • F5: Phantom units under the Executive Income Deferral Program do not expire.
• Transaction type code: A = Award/Grant (derivative awards).

Context These entries are reported awards/derivative grants (often used for executive compensation or deferred pay), not open-market purchases or sales. Because they are compensation-style grants with scheduled vesting and conversion rules, they reflect company compensation actions rather than an insider buying or selling shares on the market.