Yum China Chief People Officer Acquires Net 724 Shares Following RSU Vesting

Executive Summary

On September 1, 2026, Jerry Ding, Chief People Officer of Yum China Holdings, Inc. ($YUMC), settled 1,318 Restricted Stock Units (RSUs) into Common Stock. To satisfy associated tax withholding obligations, 594 shares were automatically withheld at a price of $44.88 per share (total value of $26,658.72). Following these transactions, Ding directly holds 4,301 shares of common stock.

Transaction Details

• Security: Common Stock
• RSU Conversion (Code M): 1,318 shares acquired at $0.00 per share.
• Tax Withholding (Code F): 594 shares disposed of at $44.88 per share.
• Net Change in Direct Holdings: +724 shares.
• Post-Transaction Direct Beneficial Ownership: 4,301 shares.

Market Impact & Sentiment

This filing reflects routine compensation-related activity involving the scheduled vesting of RSUs and standard statutory tax withholding. Because no discretionary open-market sales or purchases occurred, this transaction carries Low trading significance and does not signal a change in executive sentiment.