CEO Joey Wat was paid $19,591,868 in fiscal year 2025, ↑ up 37.8% from fiscal year 2024, the 69th percentile of its disclosed peer group (SEC filing 0001193125-26-157856 ↗): 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 | 69th CEO pay percentile vs peers | 2,266:1 CEO-to-median pay ratio | 90.91% Say-on-pay support, latest vote |
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YUMC's next annual pay disclosure, estimated April 21, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Joey Wat | $1,425,000 | $0 | $10,654,832 | $0 | $6,156,000 | $0 | $1,356,036 | $19,591,868 |
| Chief Executive Officer | ||||||||
| Warton Wang | 609,224 | 0 | 1,864,629 | 0 | 1,559,234 | 0 | 103,170 | 4,136,257 |
| General Manager, KFC | ||||||||
| Adrian Ding | 587,863 | 0 | 1,359,018 | 0 | 1,190,423 | 0 | 171,091 | 3,308,395 |
| Chief Financial Officer | ||||||||
| Jeff Kuai | 544,147 | 0 | 1,278,602 | 0 | 1,057,823 | 0 | 135,636 | 3,016,208 |
| General Manager, Pizza Hut | ||||||||
| Duoduo (Howard) Huang | 459,094 | 0 | 905,737 | 0 | 826,369 | 0 | 87,329 | 2,278,529 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Joey Wat | $19,591,868 | $14,222,077 | $20,335,792 | ↑ +5,369,791 |
| Warton Wang | 4,136,257 | 2,544,590 | 3,012,392 | ↑ +1,591,667 |
| Adrian Ding | 3,308,395 | 1,723,423 | — | ↑ +1,584,972 |
| Jeff Kuai | 3,016,208 | 2,096,944 | — | ↑ +919,264 |
| Duoduo (Howard) Huang | 2,278,529 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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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.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Adrian Ding | CFO | $3,308,395 |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | $2,278,529 |
| Jeff Kuai | General Manager, Pizza Hut | $3,016,208 |
| Joey Wat | CEO | $19,591,868 |
| Warton Wang | General Manager, KFC | $4,136,257 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Christina Xiaojing Zhu | Independent Director | $325,000 |
| David Hoffmann | Independent Director | $342,500 |
| Edouard Ettedgui | Independent Director | $347,500 |
| Fred Hu | Chair of the Board | $560,000 |
| Grace Xin Ge | Independent Director | $355,000 |
| Mikel A. Durham | Independent Director | $362,500 |
| Min (Jenny) Zhang | Independent Director | $350,000 |
| Peter A. Bassi | Former director (through FY2025) | $161,700 |
| Robert B. Aiken | Independent Director | $325,000 |
| Ruby Lu | Independent Director | $337,500 |
| William Wang | Independent Director | $327,500 |
| Zhe (David) Wei | Independent Director | $270,000 |
| Zili Shao | Independent Director | $352,500 |
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Adrian Ding | Chief Financial Officer | 2026-05-02 | A | 3,063 | $0 | $0 | Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-05-02 | D | 3,063 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-05-02 | D | 1,379 | 49 | 67,295 | Common | Form 4 ↗ |
| Ruby Lu | Director | 2026-06-01 | A | 7,865 | 0 | 0 | Common | Form 4 ↗ |
| David Hoffmann | Director | 2026-06-01 | A | 4,602 | 0 | 0 | Common | Form 4 ↗ |
| Grace Xin Ge | Director | 2026-06-01 | A | 4,602 | 0 | 0 | Common | Form 4 ↗ |
| Fred Hu | Director | 2026-06-01 | A | 13,050 | 0 | 0 | Common | Form 4 ↗ |
| William Wang Yang | Director | 2026-06-01 | A | 7,632 | 0 | 0 | Common | Form 4 ↗ |
| Zhe (David) Wei | Director | 2026-06-01 | A | 4,136 | 0 | 0 | Common | Form 4 ↗ |
| Christina Xiaojing Zhu | Director | 2026-06-01 | A | 7,573 | 0 | 0 | Common | Form 4 ↗ |
| Zili Shao | Director | 2026-06-01 | A | 4,544 | 0 | 0 | Common | Form 4 ↗ |
| Mikel A. Durham | Director | 2026-06-01 | A | 8,447 | 0 | 0 | Common | Form 4 ↗ |
| Min (Jenny) Zhang | Director | 2026-06-01 | A | 3,063 | 0 | 0 | Common | Form 4 ↗ |
| Edouard Ettedgui | Director | 2026-06-01 | A | 8,098 | 0 | 0 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-06-17 | — | 2,472 | — | — | 8 insiders, 31 accrual rows | ||
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | A | 11,178 | 27 | 296,888 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 12,212 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 4,312 | 48 | 205,855 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 6,217 | 48 | 296,924 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 6,899 | 48 | 329,496 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 4,961 | 48 | 236,689 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 5,313 | 48 | 253,483 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | A | 12,212 | 27 | 329,480 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 11,178 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | A | 10,479 | 42 | 436,555 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | A | 7,638 | 27 | 202,865 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 9,240 | 47 | 436,590 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 10,479 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 7,638 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 1,239 | 47 | 58,406 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 3,344 | 47 | 157,636 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 4,294 | 47 | 202,892 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 19,513 | 47 | 918,477 | Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-01 | A | 1,318 | 0 | 0 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-09-01 | — | 1,318 | — | — | 1 insider, 1 accrual row | ||
| Adrian Ding | Chief People Officer | 2026-09-01 | D | 594 | 45 | 26,659 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-09-17 | — | 2,611 | — | — | 8 insiders, 31 accrual rows | ||
| Adrian Ding | Chief People Officer | 2026-09-17 | A | 9 | 0 | 0 | Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | D | 5 | 41 | 207 | Common | Form 4 ↗ |
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Adrian Ding | Chief Financial Officer | 2026-05-02 | A | 3,063 | $0 | $0 | Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-05-02 | D | 3,063 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-05-02 | D | 1,379 | 49 | 67,295 | Common | Form 4 ↗ |
| Ruby Lu | Director | 2026-06-01 | A | 7,865 | 0 | 0 | Common | Form 4 ↗ |
| David Hoffmann | Director | 2026-06-01 | A | 4,602 | 0 | 0 | Common | Form 4 ↗ |
| Grace Xin Ge | Director | 2026-06-01 | A | 4,602 | 0 | 0 | Common | Form 4 ↗ |
| Fred Hu | Director | 2026-06-01 | A | 13,050 | 0 | 0 | Common | Form 4 ↗ |
| William Wang Yang | Director | 2026-06-01 | A | 7,632 | 0 | 0 | Common | Form 4 ↗ |
| Zhe (David) Wei | Director | 2026-06-01 | A | 4,136 | 0 | 0 | Common | Form 4 ↗ |
| Christina Xiaojing Zhu | Director | 2026-06-01 | A | 7,573 | 0 | 0 | Common | Form 4 ↗ |
| Zili Shao | Director | 2026-06-01 | A | 4,544 | 0 | 0 | Common | Form 4 ↗ |
| Mikel A. Durham | Director | 2026-06-01 | A | 8,447 | 0 | 0 | Common | Form 4 ↗ |
| Min (Jenny) Zhang | Director | 2026-06-01 | A | 3,063 | 0 | 0 | Common | Form 4 ↗ |
| Edouard Ettedgui | Director | 2026-06-01 | A | 8,098 | 0 | 0 | Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-06-17 | A | 46 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-06-17 | A | 8 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joey Wat | Director | 2026-06-17 | A | 581 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Min (Jenny) Zhang | Chief Technology Officer | 2026-06-17 | A | 46 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Min (Jenny) Zhang | Chief Technology Officer | 2026-06-17 | A | 33 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-06-17 | A | 21 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ruby Lu | Controller and PAO | 2026-06-17 | A | 16 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-06-17 | A | 10 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-06-17 | A | 78 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-06-17 | A | 23 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-06-17 | A | 57 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-06-17 | A | 127 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-06-17 | A | 23 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-06-17 | A | 46 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-06-17 | A | 43 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joey Wat | Director | 2026-06-17 | A | 479 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-06-17 | A | 9 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joey Wat | Director | 2026-06-17 | A | 299 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-06-17 | A | 31 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-06-17 | A | 72 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Min (Jenny) Zhang | Chief Technology Officer | 2026-06-17 | A | 21 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ruby Lu | Controller and PAO | 2026-06-17 | A | 9 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Warton Wang | General Manager, KFC | 2026-06-17 | A | 41 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-06-17 | A | 1 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ruby Lu | Controller and PAO | 2026-06-17 | A | 26 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-06-17 | A | 21 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-06-17 | A | 41 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Warton Wang | General Manager, KFC | 2026-06-17 | A | 83 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-06-17 | A | 40 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-06-17 | A | 2 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Warton Wang | General Manager, KFC | 2026-06-17 | A | 139 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | A | 11,178 | 27 | 296,888 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 12,212 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 4,312 | 48 | 205,855 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 6,217 | 48 | 296,924 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 6,899 | 48 | 329,496 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 4,961 | 48 | 236,689 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 5,313 | 48 | 253,483 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | A | 12,212 | 27 | 329,480 | Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-08-12 | D | 11,178 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | A | 10,479 | 42 | 436,555 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | A | 7,638 | 27 | 202,865 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 9,240 | 47 | 436,590 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 10,479 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 7,638 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 1,239 | 47 | 58,406 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 3,344 | 47 | 157,636 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 4,294 | 47 | 202,892 | Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-08-18 | D | 19,513 | 47 | 918,477 | Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-01 | A | 1,318 | 0 | 0 | Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-01 | D | 1,318 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-01 | D | 594 | 45 | 26,659 | Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | D | 9 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | A | 9 | 0 | 0 | Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | D | 5 | 41 | 207 | Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-09-17 | A | 22 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Warton Wang | General Manager, KFC | 2026-09-17 | A | 88 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-09-17 | A | 82 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | A | 2 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-09-17 | A | 76 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | A | 25 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-09-17 | A | 1 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Min (Jenny) Zhang | Chief Technology Officer | 2026-09-17 | A | 35 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Min (Jenny) Zhang | Chief Technology Officer | 2026-09-17 | A | 22 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ruby Lu | Controller and PAO | 2026-09-17 | A | 27 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-09-17 | A | 25 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ruby Lu | Controller and PAO | 2026-09-17 | A | 17 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-09-17 | A | 42 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-09-17 | A | 9 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ruby Lu | Controller and PAO | 2026-09-17 | A | 10 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joey Wat | Director | 2026-09-17 | A | 612 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-09-17 | A | 134 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-09-17 | A | 60 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joey Wat | Director | 2026-09-17 | A | 505 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeff Kuai | General Manager, Pizza Hut | 2026-09-17 | A | 33 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Warton Wang | General Manager, KFC | 2026-09-17 | A | 44 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | A | 49 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief People Officer | 2026-09-17 | A | 11 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-09-17 | A | 45 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Min (Jenny) Zhang | Chief Technology Officer | 2026-09-17 | A | 49 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | 2026-09-17 | A | 22 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrian Ding | Chief Financial Officer | 2026-09-17 | A | 43 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Warton Wang | General Manager, KFC | 2026-09-17 | A | 147 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joey Wat | Director | 2026-09-17 | A | 316 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Pingping LIU | Chief Legal Officer | 2026-09-17 | A | 49 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Adrian Ding | RSU | 2025-05-02 | — | — | 9,083 | — | $400,015 |
| Jeff Kuai | RSU | 2025-02-10 | — | — | 12,482 | — | 600,010 |
| Adrian Ding | PSU | 2025-02-10 | 3,745 | 9,362 | — | 18,724 | 508,972 |
| Warton Wang | PSU | 2025-02-10 | 7,281 | 18,203 | — | 36,406 | 989,611 |
| Joey Wat | RSU | 2025-02-10 | — | — | 104,015 | — | 5,000,001 |
| Warton Wang | RSU | 2025-02-10 | — | — | 18,203 | — | 875,018 |
| Duoduo (Howard) Huang | RSU | 2025-02-10 | — | — | 8,842 | — | 425,035 |
| Jeff Kuai | PSU | 2025-02-10 | 4,993 | 12,482 | — | 24,964 | 678,592 |
| Adrian Ding | RSU | 2025-02-10 | — | — | 9,362 | — | 450,031 |
| Duoduo (Howard) Huang | PSU | 2025-02-10 | 3,537 | 8,842 | — | 17,684 | 480,702 |
| Joey Wat | PSU | 2025-02-10 | 41,606 | 104,015 | — | 208,030 | 5,654,831 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Adrian Ding | $850,046 | $508,972 | $0 | 37.5% |
| Jeff Kuai | 600,010 | 678,592 | 0 | 53.1% |
| Warton Wang | 875,018 | 989,611 | 0 | 53.1% |
| Joey Wat | 5,000,001 | 5,654,831 | 0 | 53.1% |
| Duoduo (Howard) Huang | 425,035 | 480,702 | 0 | 53.1% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Wang | RSU | 18,583 | — | $887,151 |
| Joey Wat | PSU | 116,577 | — | 5,565,370 |
| Joey Wat | RSU | 106,186 | — | 5,069,330 |
| Joey Wat | PSU | 106,186 | — | 5,069,329 |
| Duoduo (Howard) Huang | RSU | 317 | — | 15,156 |
| Joey Wat | RSU | 87,707 | — | 4,187,150 |
| Joey Wat | RSU | 28,678 | — | 1,369,106 |
| Wang | PSU | 18,583 | — | 887,151 |
| Wang | RSU | 476 | — | 22,711 |
| Wang | PSU | 16,322 | — | 779,201 |
| Jeff Kuai | RSU | 12,743 | — | 608,329 |
| Jeff Kuai | RSU | 844 | — | 40,305 |
| Jeff Kuai | PSU | 12,743 | — | 608,329 |
| Wang | RSU | 12,279 | — | 586,203 |
| Jeff Kuai | PSU | 12,242 | — | 584,439 |
| Adrian Ding | RSU | 2,009 | — | 95,913 |
| Adrian Ding | PSU | 9,557 | — | 456,272 |
| Adrian Ding | RSU | 9,557 | — | 456,271 |
| Jeff Kuai | RSU | 9,210 | — | 439,701 |
| Adrian Ding | RSU | 9,231 | — | 440,685 |
| Duoduo (Howard) Huang | RSU | 9,027 | — | 430,928 |
| Duoduo (Howard) Huang | PSU | 9,027 | — | 430,928 |
| Adrian Ding | RSU | 6,141 | — | 293,150 |
| Adrian Ding | PSU | 8,161 | — | 389,626 |
| Duoduo (Howard) Huang | PSU | 8,161 | — | 389,626 |
| Jeff Kuai | RSU | 792 | — | 37,820 |
| Joey Wat | RSU | 6,861 | — | 327,558 |
| Duoduo (Howard) Huang | RSU | 6,141 | — | 293,150 |
| Duoduo (Howard) Huang | SAR | 2,412 | 50.16 | — |
| Wang | RSU | 3,729 | — | 178,035 |
| Adrian Ding | RSU | 3,374 | — | 161,074 |
| Duoduo (Howard) Huang | RSU | 2,531 | — | 120,818 |
| Jeff Kuai | RSU | 2,869 | — | 136,949 |
| Duoduo (Howard) Huang | RSU | 1,722 | — | 82,218 |
| Adrian Ding | RSU | 581 | — | 27,731 |
| Joey Wat | SAR | 52,243 | 50.16 | — |
| Adrian Ding | SAR | 4,421 | 50.16 | — |
| Wang | SAR | 3,617 | 50.16 | — |
| Jeff Kuai | SAR | 6,028 | 50.16 | — |
The Company's executive compensation program has three primary pay components: (i) base salary; (ii) STI consisting of annual performance-based cash bonus; and (iii) LTI awards. These three components form our annual target total direct compensation for our NEOs. 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 consultant | Mercer |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-28 | 231,279,153 | 22,458,693 | 660,684 | 90.91% | Passed |
| 2025 | 2025-05-23 | 263,367,213 | 23,244,411 | 711,193 | 91.66% | Passed |
| 2024 | 2024-05-23 | 267,652,387 | 20,879,594 | 1,437,582 | 92.3% | Passed |
| 2023 | 2023-05-25 | 223,437,850 | 109,004,681 | 1,959,818 | 66.82% | Passed |
| 2021 | 2021-05-28 | 292,161,054 | 23,064,956 | 3,172,960 | 91.76% | Passed |
| 2020 | 2020-05-08 | 245,753,992 | 14,521,803 | 4,513,766 | 92.81% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-28 | 90.91%a |
| 2025 | 2025-05-23 | 91.66%b |
| 2024 | 2024-05-23 | 92.3%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.
| Ratio (CEO : median employee) | 2,266 : 1 |
|---|---|
| CEO total compensation | $19,591,868 |
| Median employee compensation | $8,645 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Fred HuIndependent · Board Chair · Nominating/Governance (Chair) · Food Safety and Sustainability | $0 | $560,000 | $0 | $0 | $0 | $560,000 |
| Mikel A. DurhamIndependent · Compensation · Audit · Nominating/Governance | 157,500 | 205,000 | 0 | 0 | 0 | 362,500 |
| Grace Xin GeIndependent · Compensation · Nominating/Governance · Audit · Food Safety and Sustainability · Newly elected | 157,500 | 197,500 | 0 | 0 | 0 | 355,000 |
| Zili ShaoIndependent · Audit · Food Safety and Sustainability (Chair) · ESG/Sustainability (Chair) | 157,500 | 195,000 | 0 | 0 | 0 | 352,500 |
| Min (Jenny) ZhangIndependent · Compensation (Chair) · Nominating/Governance · Food Safety and Sustainability · Audit | 157,500 | 192,500 | 0 | 0 | 0 | 350,000 |
| Edouard EttedguiIndependent · Compensation · Nominating/Governance · Audit · Food Safety and Sustainability · ESG/Sustainability | 0 | 347,500 | 0 | 0 | 0 | 347,500 |
| David HoffmannIndependent · Audit · Food Safety and Sustainability · ESG/Sustainability | 0 | 342,500 | 0 | 0 | 0 | 342,500 |
| Ruby LuIndependent · Compensation · Nominating/Governance · Food Safety and Sustainability | 0 | 337,500 | 0 | 0 | 0 | 337,500 |
| William WangIndependent · Compensation | 0 | 327,500 | 0 | 0 | 0 | 327,500 |
| Robert B. AikenIndependent · Food Safety and Sustainability | 157,500 | 167,500 | 0 | 0 | 0 | 325,000 |
| Christina Xiaojing ZhuIndependent · ESG/Sustainability · Food Safety and Sustainability | 0 | 325,000 | 0 | 0 | 0 | 325,000 |
| Zhe (David) WeiIndependent · Nominating/Governance · Food Safety and Sustainability · ESG/Sustainability · Partial-year service · Newly elected | 131,250 | 138,750 | 0 | 0 | 0 | 270,000 |
| Peter A. BassiIndependent · Not standing for re-election · Departed during FY | 0 | 0 | 0 | 0 | 161,700 | 161,700 |
| Joey WatEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| 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 | — |
| Component | FY2025 |
|---|---|
| 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.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Yum China Holdings | 2025 | Joey Wat | $1,425,000 | $10,654,832 | $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.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Joey Wat | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Executive Compensation Tables” · page 75. As printed: 19,591,868. Filing ↗machine: r4 · c39 · span 1135801–1135811 |
| 2 | Section 01, Warton Wang | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 4,136,257. Filing ↗machine: r13 · c39 · span 1153735–1153744 |
| 3 | Section 01, Adrian Ding | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Executive Compensation Tables” · page 75. As printed: 3,308,395. Filing ↗machine: t338 · r9 · c39 · span 1146027–1146036 |
| 4 | Section 01, Jeff Kuai | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 3,016,208. Filing ↗machine: r18 · c39 · span 1164050–1164059 |
| 5 | Section 01, Duoduo (Howard) Huang | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,278,529. Filing ↗machine: r22 · c39 · span 1171768–1171777 |
| 6 | Section 03, Adrian Ding RSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r17 · c59 · span 1258204–1258211 |
| 7 | Section 03, Jeff Kuai RSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r29 · c59 · span 1286834–1286841 |
| 8 | Section 03, Adrian Ding PSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r13 · c59 · span 1248095–1248102 |
| 9 | Section 03, Warton Wang PSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r21 · c59 · span 1266387–1266394 |
| 10 | Section 03, Joey Wat RSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r9 · c59 · span 1239911–1239920 |
| 11 | Section 03, Warton Wang RSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r23 · c59 · span 1272519–1272526 |
| 12 | Section 03, Duoduo (Howard) Huang RSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r35 · c59 · span 1301146–1301153 |
| 13 | Section 03, Jeff Kuai PSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r27 · c59 · span 1280702–1280709 |
| 14 | Section 03, Adrian Ding RSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r15 · c59 · span 1252074–1252081 |
| 15 | Section 03, Duoduo (Howard) Huang PSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r33 · c59 · span 1295015–1295022 |
| 16 | Section 03, Joey Wat PSU | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t355 · r7 · c59 · span 1233776–1233785 |
| 17 | Section 07, pay ratio | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “CEO Pay Ratio”. As printed: 2266 : 1. Filing ↗ |
| 18 | Section 08, Fred Hu | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 560,000. Filing ↗machine: span 1802066–1802073 |
| 19 | Section 08, Mikel A. Durham | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 362,500. Filing ↗machine: span 1795561–1795589 |
| 20 | Section 08, Grace Xin Ge | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 355,000. Filing ↗machine: span 1799153–1799181 |
| 21 | Section 08, Zili Shao | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 352,500. Filing ↗machine: span 1806178–1806206 |
| 22 | Section 08, Min (Jenny) Zhang | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 350,000. Filing ↗machine: span 1811554–1811582 |
| 23 | Section 08, Edouard Ettedgui | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 347,500. Filing ↗machine: span 1796729–1796736 |
| 24 | Section 08, David Hoffmann | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 342,500. Filing ↗machine: span 1800319–1800326 |
| 25 | Section 08, Ruby Lu | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 337,500. Filing ↗machine: span 1803813–1803820 |
| 26 | Section 08, William Wang | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 327,500. Filing ↗machine: span 1807342–1807349 |
| 27 | Section 08, Robert B. Aiken | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 325,000. Filing ↗machine: span 1793778–1793806 |
| 28 | Section 08, Christina Xiaojing Zhu | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 325,000. Filing ↗machine: span 1812633–1812640 |
| 29 | Section 08, Zhe (David) Wei | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 270,000. Filing ↗machine: span 1809769–1809797 |
| 30 | Section 08, Peter A. Bassi | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 161,700. Filing ↗machine: span 1815284–1815291 |
| 31 | Section 08, Joey Wat | DEF 14A | 2026-04-16 | 0001193125-26-157856 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 32 | Section 02, Adrian Ding 2026-05-02 | Form 4 | 2026-05-05 | 0001673358-26-000069 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Adrian Ding 2026-05-02 | Form 4 | 2026-05-05 | 0001673358-26-000069 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Adrian Ding 2026-05-02 | Form 4 | 2026-05-05 | 0001673358-26-000069 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Ruby Lu 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000090 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, David Hoffmann 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000094 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Grace Xin Ge 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000082 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Fred Hu 2026-06-01 | Form 4 | 2026-06-03 | 0000945621-26-000788 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, William Wang Yang 2026-06-01 | Form 4 | 2026-06-03 | 0000945621-26-000790 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Zhe (David) Wei 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000081 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Christina Xiaojing Zhu 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000101 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Zili Shao 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000107 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Mikel A. Durham 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000109 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Min (Jenny) Zhang 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000098 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, Edouard Ettedgui 2026-06-01 | Form 4 | 2026-06-03 | 0001673358-26-000106 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Pingping LIU 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000121 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000119 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 48 | Section 02, Joey Wat 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000122 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 49 | Section 02, Min (Jenny) Zhang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000125 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 50 | Section 02, Min (Jenny) Zhang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000125 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 51 | Section 02, Duoduo (Howard) Huang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000126 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 52 | Section 02, Ruby Lu 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 53 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000119 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 54 | Section 02, Jeff Kuai 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000123 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 55 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000119 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 56 | Section 02, Jeff Kuai 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000123 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 57 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 58 | Section 02, Pingping LIU 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000121 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 59 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000119 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 60 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 61 | Section 02, Joey Wat 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000122 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 62 | Section 02, Pingping LIU 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000121 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 63 | Section 02, Joey Wat 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000122 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 64 | Section 02, Jeff Kuai 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000123 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 65 | Section 02, Duoduo (Howard) Huang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000126 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 66 | Section 02, Min (Jenny) Zhang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000125 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 67 | Section 02, Ruby Lu 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 68 | Section 02, Warton Wang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000124 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 69 | Section 02, Pingping LIU 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000121 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 70 | Section 02, Ruby Lu 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 71 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 72 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 73 | Section 02, Warton Wang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000124 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 74 | Section 02, Duoduo (Howard) Huang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000126 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 75 | Section 02, Adrian Ding 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000119 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 76 | Section 02, Warton Wang 2026-06-17 | Form 4 | 2026-06-22 | 0001673358-26-000124 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 77 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 78 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 79 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 80 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 81 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 82 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 83 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 84 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 85 | Section 02, Jeff Kuai 2026-08-12 | Form 4 | 2026-08-13 | 0001673358-26-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 86 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 87 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 88 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 89 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 90 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 91 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 92 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 93 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 94 | Section 02, Duoduo (Howard) Huang 2026-08-18 | Form 4 | 2026-08-19 | 0001673358-26-000131 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 95 | Section 02, Adrian Ding 2026-09-01 | Form 4 | 2026-09-03 | 0001673358-26-000133 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 96 | Section 02, Adrian Ding 2026-09-01 | Form 4 | 2026-09-03 | 0001673358-26-000133 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 97 | Section 02, Adrian Ding 2026-09-01 | Form 4 | 2026-09-03 | 0001673358-26-000133 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 98 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 99 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 100 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 101 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000135 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 102 | Section 02, Warton Wang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000145 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 103 | Section 02, Jeff Kuai 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000147 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 104 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 105 | Section 02, Duoduo (Howard) Huang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000141 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 106 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 107 | Section 02, Pingping LIU 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000137 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 108 | Section 02, Min (Jenny) Zhang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000143 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 109 | Section 02, Min (Jenny) Zhang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000143 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 110 | Section 02, Ruby Lu 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000139 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 111 | Section 02, Pingping LIU 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000137 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 112 | Section 02, Ruby Lu 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000139 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 113 | Section 02, Duoduo (Howard) Huang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000141 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 114 | Section 02, Pingping LIU 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000137 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 115 | Section 02, Ruby Lu 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000139 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 116 | Section 02, Joey Wat 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000149 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 117 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000135 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 118 | Section 02, Jeff Kuai 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000147 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 119 | Section 02, Joey Wat 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000149 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 120 | Section 02, Jeff Kuai 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000147 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 121 | Section 02, Warton Wang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000145 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 122 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 123 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 124 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000135 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 125 | Section 02, Min (Jenny) Zhang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000143 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 126 | Section 02, Duoduo (Howard) Huang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000141 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 127 | Section 02, Adrian Ding 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000135 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 128 | Section 02, Warton Wang 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000145 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 129 | Section 02, Joey Wat 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000149 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 130 | Section 02, Pingping LIU 2026-09-17 | Form 4 | 2026-09-21 | 0001673358-26-000137 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 131 | Section 06, 2026 vote | Form 8-K | 2026-05-28 | 0001193125-26-242942 | Item 5.07 · say-on-pay result. As reported: 90.91% (votes for as printed: 231,279,153). Filing ↗ |
| 132 | Section 06, 2025 vote | Form 8-K | 2025-05-23 | 0000950170-25-077031 | Item 5.07 · say-on-pay result. As reported: 91.66% (votes for as printed: 263,367,213). Filing ↗ |
| 133 | Section 06, 2024 vote | Form 8-K | 2024-05-23 | 0000950170-24-064015 | Item 5.07 · say-on-pay result. As reported: 92.3% (votes for as printed: 267,652,387). Filing ↗ |
| 134 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 135 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 136 | Section 09b board cost (computed) | Computed | — | — | Cash 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 |
| 137 | Yum China Holdings (subject), Section 10b CEO total | DEF 14A | 2026-04-16 | 0001193125-26-157856 | CEO total compensation as printed in Yum China Holdings's own proxy. As printed: 19,591,868. Filing ↗machine: r4 · c39 · span 1135801–1135811 |