Jerry Ding, Chief People Officer of Yum China Holdings, Inc. (NYSE:YUMC), filed a Form 4 on September 2, 2026, reporting transactions in common stock and restricted stock units that occurred on September 1, 2026.

Key Highlights

  • RSU conversion: 1,318 restricted stock units were converted to common stock at $0 per share on September 1, 2026, via transaction code M.
  • Shares withheld for taxes: 594 shares of common stock were disposed of at $44.88 per share on September 1, 2026, via transaction code F.
  • Resulting ownership: Following both transactions, Ding directly holds 4,301 shares of common stock.
  • RSU vesting schedule: The underlying RSU grant vests 1/3 per year beginning one year from September 1, 2023, and carries no expiration date.
  • Filing signed by proxy: The form was signed by Pingping Liu under a Power of Attorney on September 2, 2026.

Jerry Ding RSU Vesting and Share Withholding at Yum China Holdings

According to the filing, Jerry Ding, serving as Chief People Officer of Yum China Holdings, Inc. (NYSE:YUMC), reported two transactions in common stock on September 1, 2026. The first was an acquisition of 1,318 shares of common stock through the conversion of restricted stock units at a price of $0, reflecting a one-for-one conversion as noted in the filing's explanation of responses.

The second transaction was the disposition of 594 shares at $44.88 per share, recorded under transaction code F. This code typically denotes shares withheld by the issuer to satisfy a tax withholding obligation upon the vesting of equity awards, as reflected in the filing's table entries. Following these two transactions, the filing reports that Ding directly beneficially owns 4,301 shares of common stock.

In Table II, the filing shows that the restricted stock unit balance following the reported transaction stands at 0, indicating the full 1,318 units were converted. The filing states that the RSU grant vests at a rate of 1/3 per year beginning one year from September 1, 2023, and that the grant carries no expiration date. The form was filed by one reporting person and was signed by Pingping Liu acting under a Power of Attorney on September 2, 2026.

What Was Disclosed

The filing discloses an RSU vesting event for Yum China Holdings' Chief People Officer, Jerry Ding, on September 1, 2026, resulting in 1,318 shares acquired and 594 shares disposed of at $44.88, leaving a direct beneficial ownership of 4,301 shares.