Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-22

Yum China Holdings (YUMC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$19,591,868
Joey Wat total, FY2025
CEO pay percentile vs peers
2,266:1
CEO-to-median pay ratio
90.91%
Say-on-pay support, latest vote
Companies that benchmark against YUMC
3 companies name YUMC as a compensation peer

Each company listed discloses YUMC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named YUMC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Joey Wat$1,425,000$0$9,910,000$0$6,156,000$0$2,100,868$19,591,868
Chief Executive Officer
Warton Wang609,22401,864,62901,559,2340103,1704,136,257
General Manager, KFC
Adrian Ding587,86301,530,00001,190,423003,308,286
Chief Financial Officer
Jeff Kuai544,14701,278,60201,057,8230135,6363,016,208
General Manager, Pizza Hut
Duoduo (Howard) Huang459,0940905,7370826,369087,3292,278,529
Chief Supply Chain Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Joey Wat$19,591,868$14,222,077$20,335,792+5,369,791
Warton Wang4,136,2572,544,5903,012,392+1,591,667
Adrian Ding3,308,2861,723,423+1,584,863
Jeff Kuai3,016,2082,096,944+919,264
Duoduo (Howard) Huang2,278,529

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Adrian DingChief Financial Officer2026-05-02A3,063$0$0CommonForm 4 ↗
Adrian DingChief Financial Officer2026-05-02D1,3794967,295CommonForm 4 ↗
Adrian DingChief Financial Officer2026-05-02D3,06300Derivative, Class A CommonForm 4 ↗
Christina Xiaojing ZhuDirector2026-06-01A7,57300CommonForm 4 ↗
Min (Jenny) ZhangDirector2026-06-01A3,06300CommonForm 4 ↗
Ruby LuDirector2026-06-01A7,86500CommonForm 4 ↗
Grace Xin GeDirector2026-06-01A4,60200CommonForm 4 ↗
Mikel A. DurhamDirector2026-06-01A8,44700CommonForm 4 ↗
Zhe (David) WeiDirector2026-06-01A4,13600CommonForm 4 ↗
David HoffmannDirector2026-06-01A4,60200CommonForm 4 ↗
William Wang YangDirector2026-06-01A7,63200CommonForm 4 ↗
Fred HuDirector2026-06-01A13,05000CommonForm 4 ↗
Edouard EttedguiDirector2026-06-01A8,09800CommonForm 4 ↗
Zili ShaoDirector2026-06-01A4,54400CommonForm 4 ↗
Dividend-equivalent accruals2026-06-172,4728 insiders, 31 accrual rows

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 45 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Adrian DingChief Financial Officer2026-05-02A3,063$0$0CommonForm 4 ↗
Adrian DingChief Financial Officer2026-05-02D1,3794967,295CommonForm 4 ↗
Adrian DingChief Financial Officer2026-05-02D3,06300Derivative, Class A CommonForm 4 ↗
Christina Xiaojing ZhuDirector2026-06-01A7,57300CommonForm 4 ↗
Min (Jenny) ZhangDirector2026-06-01A3,06300CommonForm 4 ↗
Ruby LuDirector2026-06-01A7,86500CommonForm 4 ↗
Grace Xin GeDirector2026-06-01A4,60200CommonForm 4 ↗
Mikel A. DurhamDirector2026-06-01A8,44700CommonForm 4 ↗
Zhe (David) WeiDirector2026-06-01A4,13600CommonForm 4 ↗
David HoffmannDirector2026-06-01A4,60200CommonForm 4 ↗
William Wang YangDirector2026-06-01A7,63200CommonForm 4 ↗
Fred HuDirector2026-06-01A13,05000CommonForm 4 ↗
Edouard EttedguiDirector2026-06-01A8,09800CommonForm 4 ↗
Zili ShaoDirector2026-06-01A4,54400CommonForm 4 ↗
Adrian DingChief Financial Officer2026-06-17A12700Derivative, Class A CommonForm 4 ↗
Adrian DingChief People Officer2026-06-17A4600Derivative, Class A CommonForm 4 ↗
Ruby LuController and PAO2026-06-17A2600Derivative, Class A CommonForm 4 ↗
Warton WangGeneral Manager, KFC2026-06-17A4100Derivative, Class A CommonForm 4 ↗
Jeff KuaiGeneral Manager, Pizza Hut2026-06-17A3100Derivative, Class A CommonForm 4 ↗
Joey WatDirector2026-06-17A47900Derivative, Class A CommonForm 4 ↗
Adrian DingChief People Officer2026-06-17A1000Derivative, Class A CommonForm 4 ↗
Duoduo (Howard) HuangChief Supply Chain Officer2026-06-17A7200Derivative, Class A CommonForm 4 ↗
Warton WangGeneral Manager, KFC2026-06-17A13900Derivative, Class A CommonForm 4 ↗
Jeff KuaiGeneral Manager, Pizza Hut2026-06-17A5700Derivative, Class A CommonForm 4 ↗
Joey WatDirector2026-06-17A29900Derivative, Class A CommonForm 4 ↗
Pingping LIUChief Legal Officer2026-06-17A100Derivative, Class A CommonForm 4 ↗
Pingping LIUChief Legal Officer2026-06-17A2300Derivative, Class A CommonForm 4 ↗
Adrian DingChief Financial Officer2026-06-17A4100Derivative, Class A CommonForm 4 ↗
Adrian DingChief People Officer2026-06-17A800Derivative, Class A CommonForm 4 ↗
Adrian DingChief People Officer2026-06-17A200Derivative, Class A CommonForm 4 ↗
Warton WangGeneral Manager, KFC2026-06-17A8300Derivative, Class A CommonForm 4 ↗
Min (Jenny) ZhangChief Technology Officer2026-06-17A4600Derivative, Class A CommonForm 4 ↗
Joey WatDirector2026-06-17A58100Derivative, Class A CommonForm 4 ↗
Ruby LuController and PAO2026-06-17A900Derivative, Class A CommonForm 4 ↗
Min (Jenny) ZhangChief Technology Officer2026-06-17A3300Derivative, Class A CommonForm 4 ↗
Jeff KuaiGeneral Manager, Pizza Hut2026-06-17A7800Derivative, Class A CommonForm 4 ↗
Pingping LIUChief Legal Officer2026-06-17A900Derivative, Class A CommonForm 4 ↗
Adrian DingChief People Officer2026-06-17A2300Derivative, Class A CommonForm 4 ↗
Ruby LuController and PAO2026-06-17A1600Derivative, Class A CommonForm 4 ↗
Duoduo (Howard) HuangChief Supply Chain Officer2026-06-17A2100Derivative, Class A CommonForm 4 ↗
Duoduo (Howard) HuangChief Supply Chain Officer2026-06-17A4000Derivative, Class A CommonForm 4 ↗
Min (Jenny) ZhangChief Technology Officer2026-06-17A2100Derivative, Class A CommonForm 4 ↗
Pingping LIUChief Legal Officer2026-06-17A4600Derivative, Class A CommonForm 4 ↗
Adrian DingChief Financial Officer2026-06-17A2100Derivative, Class A CommonForm 4 ↗
Adrian DingChief Financial Officer2026-06-17A4300Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Joey WatRSU2025-02-10104,015$5,000,001
Adrian DingRSU2025-05-029,083400,015
Adrian DingPSU2025-02-103,7459,36218,724508,972
Warton WangRSU2025-02-1018,203875,018
Jeff KuaiRSU2025-02-1012,482600,010
Duoduo (Howard) HuangRSU2025-02-108,842425,035
Jeff KuaiPSU2025-02-104,99312,48224,964678,592
Adrian DingRSU2025-02-109,362450,031
Warton WangPSU2025-02-107,28118,20336,406989,611
Duoduo (Howard) HuangPSU2025-02-103,5378,84217,684480,702
Joey WatPSU2025-02-1041,606104,015208,0305,654,831
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Joey Wat$5,000,001$5,654,831$053.1%
Adrian Ding850,046508,972037.5%
Warton Wang875,018989,611053.1%
Jeff Kuai600,010678,592053.1%
Duoduo (Howard) Huang425,035480,702053.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Joey WatRSU28,678$1,369,106
Duoduo (Howard) HuangRSU4,888234,768
WangRSU21,8451,033,414
Adrian DingPSU8,161389,626
Joey WatRSU37,2521,847,739
Duoduo (Howard) HuangRSU6,141293,150
Jeff KuaiRSU5,167246,539
WangRSU8,187395,624
WangRSU3,729178,035
Adrian DingRSU58127,731
WangRSU47622,711
Duoduo (Howard) HuangRSU9,027430,928
Joey WatRSU138,4826,662,073
Adrian DingRSU3,374161,074
Adrian DingRSU6,141293,150
Joey WatPSU116,5775,565,370
Jeff KuaiRSU12,743608,329
Jeff KuaiPSU12,743608,329
WangRSU12,279586,203
Jeff KuaiPSU12,242584,439
Adrian DingRSU9,557456,271
Adrian DingRSU9,231440,685
Duoduo (Howard) HuangPSU9,027430,928
Joey WatPSU106,1865,069,329
WangPSU18,583887,151
Duoduo (Howard) HuangSAR2,41250.16
Jeff KuaiRSU14,989721,435
Adrian DingRSU13,098631,187
Adrian DingRSU2,00995,913
Duoduo (Howard) HuangPSU8,161389,626
Joey WatRSU6,861327,558
Duoduo (Howard) HuangRSU14,220684,935
WangSAR3,61750.16
Duoduo (Howard) HuangRSU1,72282,218
Jeff KuaiRSU2,869136,949
WangRSU18,583887,151
Jeff KuaiRSU79237,820
Jeff KuaiRSU84440,305
Duoduo (Howard) HuangRSU31715,156
Jeff KuaiSAR6,02850.16
Joey WatSAR52,24350.16
Adrian DingSAR4,42150.16
Joey WatRSU106,1865,069,330
Joey WatRSU87,7074,187,150
WangPSU16,322779,201
Adrian DingPSU9,557456,272
Jeff KuaiRSU9,210439,701
Duoduo (Howard) HuangRSU2,531120,818
05

Incentive-plan design — the Compensation Discussion & Analysis

We believe that these key elements are aligned with the Company's compensation philosophy and objectives of incentivizing and rewarding performance, attracting and retaining the right talent and aligning the interests of our executive officers with our stockholders.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantKorn Ferry
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-28231,279,15322,458,693660,68490.91%Passed
20252025-05-23263,367,21323,244,411711,19391.66%Passed
20242024-05-23267,652,38720,879,5941,437,58292.3%Passed
20232023-05-25223,437,850109,004,6811,959,81866.82%Passed
20212021-05-28292,161,05423,064,9563,172,96091.76%Passed
20202020-05-08245,753,99214,521,8034,513,76692.81%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2890.91%a
20252025-05-2391.66%b
20242024-05-2392.3%c

a. Approved under the standard stated in the filing — “Accordingly, abstentions will have the same effect as a vote "AGAINST" Proposals 2, 3, 4 and 5.”.

b. Approved under the standard stated in the filing — “Accordingly, abstentions will have the same effect as a vote "AGAINST" Proposals 2, 3, 4 and 5.”.

c. Approved under the standard stated in the filing — “Accordingly, abstentions will have the same effect as a vote "AGAINST" Proposals 2, 3, 4 and 5.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)2,266 : 1
CEO total compensation$19,591,868
Median employee compensation$8,645
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Fred HuIndependent · Board Chair · Nominating and Governance (Chair)$560,000$0$0$560,000
Mikel A. DurhamIndependent · Audit (Chair) · Compensation157,500205,00000362,500
Grace Xin GeIndependent · Audit · Compensation · Nominating and Governance · Newly elected157,500197,50000355,000
Zili ShaoIndependent · Audit · Food Safety and Sustainability (Chair)157,500195,00000352,500
Min (Jenny) ZhangIndependent · Compensation (Chair) · Nominating and Governance157,500192,50000350,000
Edouard EttedguiIndependent · Compensation · Nominating and Governance · Food Safety and Sustainability347,50000347,500
David HoffmannIndependent · Audit · Food Safety and Sustainability342,50000342,500
Ruby LuIndependent · Compensation · Nominating and Governance337,50000337,500
William WangIndependent · Compensation327,50000327,500
Christina Xiaojing ZhuIndependent · Food Safety and Sustainability0325,000000325,000
Robert B. AikenIndependent · Food Safety and Sustainability · Not standing for re-election157,500167,50000325,000
Zhe (David) WeiIndependent · Nominating and Governance · Food Safety and Sustainability · Partial-year service · Newly elected131,250138,75000270,000
Peter A. BassiIndependent · Not standing for re-election · Departed during FY00161,700161,700
Joey WatEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$315,000
Annual equity retainer$315,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)35,000 / 25,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$918,750
Equity awards (grant-date value)$3,336,250
All other compensation$161,700
Total cost of the board$4,416,700

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Yum China Holdings2025Joey Wat$1,425,000$9,910,000$0$6,156,000$19,591,868

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Joey WatDEF 14A2026-04-160001193125-26-157856Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 19,591,868. Filing ↗machine: t338 · r4 · c39 · span 1135801–1135811
2Section 01, Warton WangDEF 14A2026-04-160001193125-26-157856Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 4,136,257. Filing ↗machine: r13 · c39 · span 1153735–1153744
3Section 01, Adrian DingDEF 14A2026-04-160001193125-26-157856Section “Executive Compensation Tables” · page 75. As printed: 3,308,286. Filing ↗machine: t338 · r9 · c39 · span 1146027–1146036
4Section 01, Jeff KuaiDEF 14A2026-04-160001193125-26-157856Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 3,016,208. Filing ↗machine: r18 · c39 · span 1164050–1164059
5Section 01, Duoduo (Howard) HuangDEF 14A2026-04-160001193125-26-157856Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,278,529. Filing ↗machine: r22 · c39 · span 1171768–1171777
6Section 03, Joey Wat RSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r9 · c59 · span 1239911–1239920
7Section 03, Adrian Ding RSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r17 · c59 · span 1258204–1258211
8Section 03, Adrian Ding PSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r13 · c59 · span 1248095–1248102
9Section 03, Warton Wang RSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r23 · c59 · span 1272519–1272526
10Section 03, Jeff Kuai RSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r29 · c59 · span 1286834–1286841
11Section 03, Duoduo (Howard) Huang RSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r35 · c59 · span 1301146–1301153
12Section 03, Jeff Kuai PSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r27 · c59 · span 1280702–1280709
13Section 03, Adrian Ding RSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r15 · c59 · span 1252074–1252081
14Section 03, Warton Wang PSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r21 · c59 · span 1266387–1266394
15Section 03, Duoduo (Howard) Huang PSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r33 · c59 · span 1295015–1295022
16Section 03, Joey Wat PSUDEF 14A2026-04-160001193125-26-157856Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r7 · c59 · span 1233776–1233785
17Section 07, pay ratioDEF 14A2026-04-160001193125-26-157856Section “CEO Pay Ratio”. As printed: 2266 : 1. Filing ↗
18Section 08, Fred HuDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 560,000. Filing ↗machine: t456 · r14 · c9 · span 1802066–1802073
19Section 08, Mikel A. DurhamDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 362,500. Filing ↗machine: t456 · r6 · c19 · span 1795561–1795568
20Section 08, Grace Xin GeDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 355,000. Filing ↗machine: t456 · r10 · c19 · span 1799153–1799160
21Section 08, Zili ShaoDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 352,500. Filing ↗machine: t456 · r18 · c19 · span 1806178–1806185
22Section 08, Min (Jenny) ZhangDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 350,000. Filing ↗machine: t456 · r24 · c19 · span 1811554–1811561
23Section 08, Edouard EttedguiDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 347,500. Filing ↗machine: t456 · r8 · c9 · span 1796729–1796736
24Section 08, David HoffmannDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 342,500. Filing ↗machine: t456 · r12 · c9 · span 1800319–1800326
25Section 08, Ruby LuDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 337,500. Filing ↗machine: t456 · r16 · c9 · span 1803813–1803820
26Section 08, William WangDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 327,500. Filing ↗machine: t456 · r20 · c9 · span 1807342–1807349
27Section 08, Christina Xiaojing ZhuDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 325,000. Filing ↗machine: t456 · r26 · c9 · span 1812633–1812640
28Section 08, Robert B. AikenDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 325,000. Filing ↗machine: t456 · r4 · c19 · span 1793778–1793785
29Section 08, Zhe (David) WeiDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 270,000. Filing ↗machine: t456 · r22 · c19 · span 1809769–1809776
30Section 08, Peter A. BassiDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 161,700. Filing ↗machine: t456 · r28 · c14 · span 1815284–1815291
31Section 08, Joey WatDEF 14A2026-04-160001193125-26-157856Section “Director Compensation”. As printed: 0. Filing ↗
32Section 02, Adrian Ding 2026-05-02Form 42026-05-050001673358-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Adrian Ding 2026-05-02Form 42026-05-050001673358-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Adrian Ding 2026-05-02Form 42026-05-050001673358-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Christina Xiaojing Zhu 2026-06-01Form 42026-06-030001673358-26-000101Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Min (Jenny) Zhang 2026-06-01Form 42026-06-030001673358-26-000098Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Ruby Lu 2026-06-01Form 42026-06-030001673358-26-000090Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Grace Xin Ge 2026-06-01Form 42026-06-030001673358-26-000082Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Mikel A. Durham 2026-06-01Form 42026-06-030001673358-26-000109Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Zhe (David) Wei 2026-06-01Form 42026-06-030001673358-26-000081Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, David Hoffmann 2026-06-01Form 42026-06-030001673358-26-000094Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, William Wang Yang 2026-06-01Form 42026-06-030000945621-26-000790Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Fred Hu 2026-06-01Form 42026-06-030000945621-26-000788Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Edouard Ettedgui 2026-06-01Form 42026-06-030001673358-26-000106Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Zili Shao 2026-06-01Form 42026-06-030001673358-26-000107Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000120Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Ruby Lu 2026-06-17Form 42026-06-220001673358-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Warton Wang 2026-06-17Form 42026-06-220001673358-26-000124Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Jeff Kuai 2026-06-17Form 42026-06-220001673358-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Joey Wat 2026-06-17Form 42026-06-220001673358-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Duoduo (Howard) Huang 2026-06-17Form 42026-06-220001673358-26-000126Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Warton Wang 2026-06-17Form 42026-06-220001673358-26-000124Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Jeff Kuai 2026-06-17Form 42026-06-220001673358-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Joey Wat 2026-06-17Form 42026-06-220001673358-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Pingping LIU 2026-06-17Form 42026-06-220001673358-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Pingping LIU 2026-06-17Form 42026-06-220001673358-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000120Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Warton Wang 2026-06-17Form 42026-06-220001673358-26-000124Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Min (Jenny) Zhang 2026-06-17Form 42026-06-220001673358-26-000125Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Joey Wat 2026-06-17Form 42026-06-220001673358-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Ruby Lu 2026-06-17Form 42026-06-220001673358-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Min (Jenny) Zhang 2026-06-17Form 42026-06-220001673358-26-000125Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Jeff Kuai 2026-06-17Form 42026-06-220001673358-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Pingping LIU 2026-06-17Form 42026-06-220001673358-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Ruby Lu 2026-06-17Form 42026-06-220001673358-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Duoduo (Howard) Huang 2026-06-17Form 42026-06-220001673358-26-000126Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Duoduo (Howard) Huang 2026-06-17Form 42026-06-220001673358-26-000126Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Min (Jenny) Zhang 2026-06-17Form 42026-06-220001673358-26-000125Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Pingping LIU 2026-06-17Form 42026-06-220001673358-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000120Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Adrian Ding 2026-06-17Form 42026-06-220001673358-26-000120Insider equity transaction reported since the proxy statement. Filing ↗
77Section 06, 2026 voteForm 8-K2026-05-280001193125-26-242942Item 5.07 · say-on-pay result. As reported: 90.91% (votes for as printed: 231,279,153). Filing ↗
78Section 06, 2025 voteForm 8-K2025-05-230000950170-25-077031Item 5.07 · say-on-pay result. As reported: 91.66% (votes for as printed: 263,367,213). Filing ↗
79Section 06, 2024 voteForm 8-K2024-05-230000950170-24-064015Item 5.07 · say-on-pay result. As reported: 92.3% (votes for as printed: 267,652,387). Filing ↗
80Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
81Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
82Section 09b board cost (computed)ComputedcomputedCash 918,750 + equity 3,336,250 + all other 161,700 = 4,416,700, summed across the director compensation table rows.machine: formula: Σ = 4,416,700
83Yum China Holdings (subject), Section 10b CEO totalDEF 14A2026-04-160001193125-26-157856CEO total compensation as printed in Yum China Holdings's own proxy. As printed: 19,591,868. Filing ↗machine: t338 · r4 · c39 · span 1135801–1135811