Yum China (YUMC) CFO Adrian Ding Receives Award

What Happened Adrian Ding, Chief Financial Officer of Yum China Holdings (YUMC), was granted four derivative awards on September 17, 2026, totaling 244 restricted stock units (RSU dividend equivalents). The grants were for 22, 45, 43, and 134 units respectively, each with a $0.00 acquisition price (coded as “A” — award/grant). These are derivative awards (not open‑market purchases or sales) and do not represent an immediate cash transaction.

Key Details

• Transaction date: 2026-09-17; Filing date (Form 4): 2026-09-21 (filed within the required two business days).
• Grants: 22, 45, 43, and 134 units (total 244 RSU dividend-equivalents) at $0.00 per unit.
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 — conversion is on a one-for-one basis; F2 — these units are dividend-equivalent RSUs that vest on the same schedule as the underlying RSUs (vest 1/3 per year beginning one year from the grant date); F3 — the grant has no expiration date.
• Transaction type: derivative award (code A); not a purchase (P) or sale (S).

Context These awards are dividend-equivalent RSUs tied to previously issued RSUs and will convert one-for-one into common shares according to the underlying RSU vesting schedule. Such grants are typically part of executive compensation and are informational rather than a direct signal of personal buying or selling intent. There was no immediate sale or cashless exercise associated with these awards in this filing.