Powell Aaron 4
4 · YUM BRANDS INC · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Yum Brands Pizza Hut CEO Aaron Powell Exercises Options, Sells Shares
What Happened
Aaron Powell, CEO of Pizza Hut (a Yum Brands business), exercised 1,246 derivative/options shares on 2026-02-09 by paying an exercise price of $158.90 per share (total cost $197,989). To cover tax withholding, 492 of the newly issued shares were surrendered/withheld (value shown at $158.90 each, $78,179). Net shares retained from the exercise: 754.
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-10 (timely).
- Exercise: 1,246 shares acquired at $158.90 each (total $197,989) — transaction code M.
- Tax withholding: 492 shares disposed/withheld at $158.90 each (total ~$78,179) — transaction code F.
- A related derivative entry shows conversion/disposition of 1,246 derivative units at $0 reflecting the option-to-share conversion.
- Shares owned after the transaction: not specified in the filing.
- Relevant footnotes: F1—conversion is one-for-one; F2/F3—award vests 25% per year with final distribution at year four and no specified expiration date.
Context
This was an option exercise (insider acquired shares by exercising a derivative) with a routine net-share tax withholding to cover taxes rather than a market sale. Such tax withholding is common and should not be construed as a directional buy/sell signal by itself.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-09$158.90/sh+1,246$197,989→ 22,075.48 total - Tax Payment
Common Stock
2026-02-09$158.90/sh−492$78,179→ 21,583.48 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-02-09−1,246→ 2,493.18 total→ Common Stock (1,246 underlying)
Footnotes (3)
- [F1]Conversion occurs on a one-for-one basis.
- [F2]Vesting occurs 25% per year beginning one year from grant date.
- [F3]The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.