Yum China chief legal officer Pingping Liu reports disposal of $251,743.66 in common shares
YUMC•Yum China Chief Legal Officer Pingping Liu exercised 7,452 stock appreciation rights at $26.56 on Nov. 5, 2026, and disposed of 4,975 common shares in two transactions. She directly owned 18,660 common shares afterward, according to a Form 4 filed Nov. 9.
1. Share transactions
Liu exercised 7,452 stock appreciation rights at $26.56 on Nov. 5, 2026. She sold 1,062 common shares at $50.645 per share and disposed of another 3,913 shares at $50.59 per share. Her direct beneficial ownership totaled 18,660 common shares after the transactions.
