Yum Brands

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-01 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: YUM BRANDS INC (YUM) CIK: 0001041061 --- Reporting Owner --- Name: Mezvinsky Scott CIK: 0002057807 Role: Officer (KFC Division CEO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-09-01 | Code: M (Exercise of derivative) Shares: +482 | Price: $68.00 Total Value: $32,776.00 Shares Owned After: 482 | Ownership: D (Direct) Footnotes: [F1] Pursuant to 10b5-1 Plan [Transaction #2] Security: Common Stock Date: 2026-09-01 | Code: D (Sale to issuer) Shares: -214 | Price: $153.31 Total Value: $32,808.34 Shares Owned After: 268 | Ownership: D (Direct) Footnotes: [F1] Pursuant to 10b5-1 Plan [Transaction #3] Security: Common Stock Date: 2026-09-01 | Code: S (Open market sale) Shares: -268 | Price: $153.64 Total Value: $41,175.52 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F1] Pursuant to 10b5-1 Plan --- Derivative Transactions --- [Transaction #1] Security: Stock Appreciation Right Date: 2026-09-01 | Code: M (Exercise of derivative) Shares: -482 | Price: $0.00 Exercise Price: $68.00 Exercisable: N/A | Expires: 2027-02-10 Shares Owned After: 1,928 | Ownership: D (Direct) Footnotes: [F1] Pursuant to 10b5-1 Plan --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- F1: Pursuant to 10b5-1 Plan --- Signature --- /s/ /s/ M. Gayle Hobson, POA (2026-09-01)