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Yum Brands (NYSE: YUM) KFC CEO nets 287-share sale
Scott Mezvinsky, CEO of KFC Division at Yum Brands (NYSE: YUM), engaged in significant equity transactions, exercising 483 stock appreciation rights (SARs) into common stock and then selling 287 shares in the open market and disposing of 196 shares to the issuer. This activity, conducted under a Rule 10b5-1 trading plan, resulted in his direct common stock holdings reducing to zero, though he still retains 4,825 SARs. The transactions highlight insider stock movements and their impact on personal holdings within the company.