DING Jerry 4
4 · Yum China Holdings, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Yum China (YUMC) CPO Jerry Ding Receives Restricted Stock Awards
What Happened
Jerry Ding, Chief People Officer of Yum China Holdings (YUMC), was granted a total of 76 derivative units on March 25, 2026. The filing reports five separate grant entries (2, 7, 8, 20 and 39 units) recorded as awards (code A) at $0.00 per unit. These are dividend-equivalent restricted stock units (RSUs) related to previously issued RSUs and will convert to common shares on a one-for-one basis.
Key Details
- Transaction date: 2026-03-25; Filing date: 2026-03-27 (filed within the typical 2-business-day Form 4 window).
- Reported consideration: $0.00 per unit (award/derivative units). Total units granted: 76.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes of note:
- F1: Conversion occurs on a one-for-one basis (units → common shares).
- F2 & F4: These units are dividend-equivalency RSUs tied to underlying RSUs; some vest 1/4 per year beginning one year from grant, others vest 1/3 per year beginning one year from grant.
- F3: This grant does not have an expiration date.
- Transaction type: Award/grant of derivative units (not a purchase or sale).
Context
These are compensation-related awards (dividend-equivalent RSUs) that do not require a cash outlay by the insider and are not direct buy/sell activity. The units will vest on the same schedule as the underlying RSUs described in the footnotes and convert 1:1 to common shares when vested. Such grants are routine for employee compensation and do not by themselves indicate an insider trading signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-25+2→ 399 total→ Common Stock (2 underlying) - Award
Restricted Stock Unit
[F1][F4][F3]2026-03-25+7→ 1,308 total→ Common Stock (7 underlying) - Award
Restricted Stock Unit
[F1][F4][F3]2026-03-25+8→ 1,564 total→ Common Stock (8 underlying) - Award
Restricted Stock Unit
[F1][F4][F3]2026-03-25+20→ 3,577 total→ Common Stock (20 underlying) - Award
Restricted Stock Unit
[F1][F4][F3]2026-03-25+39→ 6,942 total→ Common Stock (39 underlying)
Footnotes (4)
- [F1]Conversion occurs on a one-for-one basis.
- [F2]These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
- [F3]This grant does not have an expiration date.
- [F4]These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.