Russell David Eric 4

What Happened Russell David Eric, Senior Vice President and Controller of Yum Brands (YUM), was granted 2,149 derivative shares on 2026-02-06. The award shows an acquisition price of $0 (derivative security) and converts on a one-for-one basis into common shares. This was a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-09 (timely filed within the Form 4 reporting window).
• Award: 2,149 derivative shares acquired at $0.00 (conversion 1-for-1 to common stock).
• Vesting: 25% per year beginning one year from the grant date (footnote F2).
• Expiration: This grant has no expiration date (footnote F3).
• Shares owned after transaction: not specified in the provided filing.
• Transaction code: A (award/grant of a derivative security).

Context This is a typical equity compensation award (similar to restricted stock units) intended to align the executive’s pay with shareholder value. Because it’s a time-based derivative award that vests over multiple years, it represents future potential ownership rather than an immediate market purchase — it should not be read as a direct buy/sell endorsement by the insider.