Yum China (YUMC) CTO Zhang Leila Receives RSU Award

What Happened

• Zhang Leila, Chief Technology Officer of Yum China (YUMC), was granted three derivative awards on 2026-06-17: 21, 33 and 46 units (total 100 units) at $0.00 per unit (reported as award/derivative, code A). These are awards — not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-17. Report filed: 2026-06-22.
• Grant breakdown: 21 units @ $0.00; 33 units @ $0.00; 46 units @ $0.00 (total = 100 units).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — units convert one-for-one to common shares; F2 — these units are dividend-equivalency RSUs that vest on same schedule as underlying RSUs (vest 1/3 per year beginning one year from the grant date); F3 — the grant has no expiration date.
• Timeliness: The Form 4 was filed 5 calendar days after the transaction (filed 2026-06-22 for a 2026-06-17 grant), which is later than the typical two-business-day filing deadline for Form 4s.

Context

• These awards are derivative RSU-related units (dividend equivalency) tied to previously issued RSUs and vest according to the underlying award schedule; they are not an immediate sale or cash transaction. Such grants are common executive compensation and do not by themselves indicate a buy or sell market signal.