Lu Xueling 4
4 · Yum China Holdings, Inc. · Filed Feb 25, 2026
Insider Transaction Report
Form 4
Lu Xueling
Controller and PAO
Transactions
- Exercise/Conversion
Common Stock
2026-02-24$26.56/sh+3,726$98,963→ 34,315 total - Disposition to Issuer
Common Stock
2026-02-24$55.97/sh−1,769$99,011→ 32,546 total - Sale
Common Stock
[F1]2026-02-24$55.92/sh−1,957$109,435→ 30,589 total - Sale
Common Stock
[F2]2026-02-24$55.83/sh−21,547$1,202,969→ 9,042 total - Exercise/Conversion
Stock Appreciation Right
[F3]2026-02-24−3,726→ 0 totalExercise: $26.56Exp: 2027-02-10→ Common Stock (3,726 underlying)
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $55.92 to $55.93. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This transaction was executed in multiple trades at prices ranging from $55.45 to $56.09. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Vested in full.
Signature
/s/ Pingping Liu, Power of Attorney|2026-02-25