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Wat Joey

Disclosed activity across 1 company

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36336
SEC CIK
0001685864

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Yum China Holdings, Inc.YUMC · Entity 1255Director · Chief Executive OfficerSeptember 17, 2026September 21, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Yum China Holdings, Inc.

Report date September 17, 2026 · Filed September 21, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Restricted Stock UnitSEC Table II · derivative / convertible securityDirect45,371 Reported balance After 2026-09-17 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2026-09-17 · Grant · Acquired 316 · Balance 45,371

F1: Conversion occurs on a one-for-one basis.

F2: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3: This grant does not have an expiration date.

Restricted Stock UnitSEC Table II · derivative / convertible securityDirect72,530 Reported balance After 2026-09-17 transaction · row 2 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 2 · 2026-09-17 · Grant · Acquired 505 · Balance 72,530

F1: Conversion occurs on a one-for-one basis.

F2: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3: This grant does not have an expiration date.

Restricted Stock UnitSEC Table II · derivative / convertible securityDirect87,963 Reported balance After 2026-09-17 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2026-09-17 · Grant · Acquired 612 · Balance 87,963

F1: Conversion occurs on a one-for-one basis.

F2: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3: This grant does not have an expiration date.

Filing footnotes · ownership attribution and instrument terms

F1: Conversion occurs on a one-for-one basis.

F2: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3: This grant does not have an expiration date.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
September 17, 2026 Filed Sep 21, 2026 10:21 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 612 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000149 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,963

Underlying: Common Stock · 612 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
September 17, 2026 Filed Sep 21, 2026 10:21 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 505 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000149 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 72,530

Underlying: Common Stock · 505 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
September 17, 2026 Filed Sep 21, 2026 10:21 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 316 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000149 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 45,371

Underlying: Common Stock · 316 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 17, 2026 Filed Jun 22, 2026 11:21 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 581 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000122 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,351

Underlying: Common Stock · 581 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 17, 2026 Filed Jun 22, 2026 11:21 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 479 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000122 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 72,025

Underlying: Common Stock · 479 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 17, 2026 Filed Jun 22, 2026 11:21 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 299 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000122 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 45,055

Underlying: Common Stock · 299 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 25, 2026 Filed Mar 27, 2026 13:04 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 488 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000062 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,770

Underlying: Common Stock · 488 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 25, 2026 Filed Mar 27, 2026 13:04 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 402 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000062 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 71,546

Underlying: Common Stock · 402 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 25, 2026 Filed Mar 27, 2026 13:04 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 251 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000062 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,756

Underlying: Common Stock · 251 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 13, 2026 Filed Feb 17, 2026 11:45 UTC Yum China Holdings, Inc. YUMC · Entity 1255 SaleCommon Stock 104,000 $55.18 $5,738,720.00
Disclosure

SEC source: 0001673358-26-000047 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 433,306

F1 · price: This transaction was executed in multiple trades at prices ranging from $55.01 to $55.29. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Read SEC document
February 11, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 SaleCommon Stock 4,613 $57.01 $262,987.13
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · nonDerivative · entry 5

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 537,306

Read SEC document
February 10, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionRestricted Stock Unit · Derivative 35,040 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · derivative · entry 8

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 71,144

Underlying: Common Stock · 35,040 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 2/10/2025.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 10, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionRestricted Stock Unit · Derivative 6,861 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · derivative · entry 7

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,861 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: Vesting occurs 25% per year beginning one year from 2/10/2022.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 10, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Tax withholdingCommon Stock 3,189 $57.12 $182,155.68
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · nonDerivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 541,919

Read SEC document
February 10, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionCommon Stock 35,040 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · nonDerivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 545,108

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Conversion occurs on a one-for-one basis.

Read SEC document
February 10, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Tax withholdingCommon Stock 1,180 $57.12 $67,401.60
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 510,068

Read SEC document
February 10, 2026 Filed Feb 12, 2026 13:47 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionCommon Stock 6,861 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000041 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 511,248

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Conversion occurs on a one-for-one basis.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 11:14 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionRestricted Stock Unit · Derivative 28,678 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000027 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 28,678 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 2/9/2023.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 09, 2026 Filed Feb 11, 2026 11:14 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Tax withholdingCommon Stock 2,727 $57.50 $156,802.50
Disclosure

SEC source: 0001673358-26-000027 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 504,387

Read SEC document
February 09, 2026 Filed Feb 11, 2026 11:14 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionCommon Stock 28,678 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000027 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 507,114

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Conversion occurs on a one-for-one basis.

Read SEC document
February 08, 2026 Filed Feb 10, 2026 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionRestricted Stock Unit · Derivative 43,198 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000017 · form4.xml · derivative · entry 5

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,505

Underlying: Common Stock · 43,198 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 2/8/2024.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 08, 2026 Filed Feb 10, 2026 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Tax withholdingCommon Stock 3,971 $57.95 $230,119.45
Disclosure

SEC source: 0001673358-26-000017 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 478,436

Read SEC document
February 08, 2026 Filed Feb 10, 2026 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionCommon Stock 43,198 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000017 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 482,407

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Conversion occurs on a one-for-one basis.

Read SEC document
February 06, 2026 Filed Feb 10, 2026 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 86,282 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000017 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,282

Underlying: Common Stock · 86,282 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 2/6/2026.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
January 14, 2026 Filed Jan 16, 2026 13:53 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Tax withholdingCommon Stock 5,629 $47.22 $265,801.38
Disclosure

SEC source: 0001673358-26-000003 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 439,209

Read SEC document
January 14, 2026 Filed Jan 16, 2026 13:53 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantCommon Stock 62,181 $0.00 $0.00
Disclosure

SEC source: 0001673358-26-000003 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 444,838

F1 · shares: Transaction represents the settlement of performance share units granted to this reporting person with a performance period from January 1, 2023 to December 31, 2025.

Read SEC document
December 23, 2025 Filed Dec 29, 2025 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 522 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000045 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,184

Underlying: Common Stock · 522 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
December 23, 2025 Filed Dec 29, 2025 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 431 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000045 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,703

Underlying: Common Stock · 431 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
December 23, 2025 Filed Dec 29, 2025 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 141 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000045 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,674

Underlying: Common Stock · 141 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
December 23, 2025 Filed Dec 29, 2025 11:15 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 33 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000045 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,856

Underlying: Common Stock · 33 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
September 23, 2025 Filed Sep 25, 2025 10:24 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 592 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000025 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 105,662

Underlying: Common Stock · 592 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
September 23, 2025 Filed Sep 25, 2025 10:24 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 489 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000025 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,272

Underlying: Common Stock · 489 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

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September 23, 2025 Filed Sep 25, 2025 10:24 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 160 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000025 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,533

Underlying: Common Stock · 160 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

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September 23, 2025 Filed Sep 25, 2025 10:24 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 38 $0.00 $0.00
Disclosure

SEC source: 0001673358-25-000025 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,823

Underlying: Common Stock · 38 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 18, 2025 Filed Jun 23, 2025 10:30 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 586 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-017891 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 105,070

Underlying: Common Stock · 586 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 18, 2025 Filed Jun 23, 2025 10:30 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 484 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-017891 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,783

Underlying: Common Stock · 484 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 18, 2025 Filed Jun 23, 2025 10:30 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 158 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-017891 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,373

Underlying: Common Stock · 158 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
June 18, 2025 Filed Jun 23, 2025 10:30 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 37 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-017891 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,785

Underlying: Common Stock · 37 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 27, 2025 Filed Mar 31, 2025 10:57 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 469 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-010606 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 104,484

Underlying: Common Stock · 469 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 27, 2025 Filed Mar 31, 2025 10:57 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 387 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-010606 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,299

Underlying: Common Stock · 387 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 27, 2025 Filed Mar 31, 2025 10:57 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 126 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-010606 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,215

Underlying: Common Stock · 126 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 27, 2025 Filed Mar 31, 2025 10:57 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 30 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-010606 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,748

Underlying: Common Stock · 30 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
March 05, 2025 Filed Mar 6, 2025 11:06 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionStock Appreciation Right · Derivative 80,197 $0.00 Strike: $26.56 $0.00
Disclosure

SEC source: 0001127602-25-008482 · form4.xml · derivative · entry 5

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 80,197 shares

Expires 2027-02-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Vested in full.

Read SEC document
March 05, 2025 Filed Mar 6, 2025 11:06 UTC Yum China Holdings, Inc. YUMC · Entity 1255 SaleCommon Stock 37,252 $49.71 $1,851,666.54
Disclosure

SEC source: 0001127602-25-008482 · form4.xml · nonDerivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 382,657

F1 · price: This transaction was executed in multiple trades at prices ranging from $49.60 to $49.93. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Read SEC document
March 05, 2025 Filed Mar 6, 2025 11:06 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Disposition to issuerCommon Stock 42,945 $49.60 $2,130,072.00
Disclosure

SEC source: 0001127602-25-008482 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 419,909

Read SEC document
March 05, 2025 Filed Mar 6, 2025 11:06 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionCommon Stock 80,197 $26.56 $2,130,032.32
Disclosure

SEC source: 0001127602-25-008482 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 462,854

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 10, 2025 Filed Feb 12, 2025 14:35 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionRestricted Stock Unit · Derivative 6,720 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-004259 · form4.xml · derivative · entry 5

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,718

Underlying: Common Stock · 6,720 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: Vesting occurs 25% per year beginning one year from 2/10/2022.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 10, 2025 Filed Feb 12, 2025 14:35 UTC Yum China Holdings, Inc. YUMC · Entity 1255 GrantRestricted Stock Unit · Derivative 104,015 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-004259 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 104,015

Underlying: Common Stock · 104,015 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 2/10/2025.

F3 · derivative.expiration_date: This grant does not have an expiration date.

Read SEC document
February 10, 2025 Filed Feb 12, 2025 14:35 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Tax withholdingCommon Stock 1,340 $48.07 $64,413.80
Disclosure

SEC source: 0001127602-25-004259 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 382,657

Read SEC document
February 10, 2025 Filed Feb 12, 2025 14:35 UTC Yum China Holdings, Inc. YUMC · Entity 1255 Exercise / conversionCommon Stock 6,720 $0.00 $0.00
Disclosure

SEC source: 0001127602-25-004259 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 383,997

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Conversion occurs on a one-for-one basis.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.