Yum Brands KFC division CEO sells $41,962 in stock

Published 01/10/2025, 18:48
Yum Brands KFC division CEO sells $41,962 in stock

Scott Mezvinsky, KFC Division CEO at Yum Brands Inc (NYSE:YUM), a $42.2 billion quick-service restaurant giant currently trading near its InvestingPro Fair Value, sold 275 shares of common stock on October 1, 2025, at a price of $152.59, totaling $41,962. The stock, known for its low price volatility, has delivered a 15% return year-to-date.

On the same day, Mezvinsky also acquired 409 shares of Yum Brands common stock through the exercise of stock appreciation rights at a price of $49.66, for a total value of $20,310. An additional 134 shares were disposed of at $152.00, for a total value of $20,368.

Pursuant to 10b5-1 Plan

In other recent news, Yum! Brands has announced its intention to refinance approximately $938 million in fixed-rate senior secured notes under its Taco Bell securitization financing facility. The company plans to issue a new series of $1 billion senior term notes to repay existing obligations, cover transaction expenses, and fund general corporate purposes. Additionally, Yum! Brands has declared a quarterly cash dividend of $0.71 per share, payable on September 12, 2025, to shareholders of record as of September 2, 2025.

Goldman Sachs has reiterated its Buy rating on Yum! Brands, maintaining a price target of $167.00, despite recent stock fluctuations. In leadership changes, Sean Tresvant has been promoted to Yum! Brands Chief Consumer Officer while continuing as CEO of Taco Bell, a position in which he has consistently delivered positive same-store sales growth. Meanwhile, KFC US has appointed Melissa Cash as its new Chief Marketing Officer, effective September 16, to lead the brand’s marketing strategy. These developments mark significant strategic and financial moves for Yum! Brands as it prepares for a CEO transition with Chris Turner assuming the role on October 1.

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