Domier Tanya 4

What Happened

Tanya Domier, a director of YUM Brands, Inc., received an award of 1,718.529 derivative units on 2026-02-06 under the company's director deferred compensation plan. The units were granted at a $0.00 per-share price (no cash outlay) and are reported as derivative awards rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-09 (timely filing).
• Units granted: 1,718.529 derivative units at $0.00 per unit.
• Transaction type: A — Grant/Award (derivative instrument, phantom units).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Relevant footnotes:
  • F1: Conversion occurs on a one-for-one basis (units convert 1:1 to common shares).
  • F2: Payments are made in accordance with elections on file (relates to payout timing/format).
  • F3: Phantom units accrued under the Director Deferred Compensation Plan do not expire.

Context

This is a director compensation grant (phantom/unit-based award), which is common for non-employee directors and does not reflect an open-market purchase or sale. Because the units convert one-for-one to shares and have no expiration, they represent deferred compensation rather than an immediate change in market exposure. Such routine awards are informational for shareholders but do not by themselves indicate the director’s intent to buy or sell stock.