filings.toolsItem 5. Other Information
3K characters. Original on sec.gov ·
Item 5. Other Information
Securities Trading Plans
During the three months ended March 31, 2026, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement” as defined in Item 408 (c) of Regulation S-K, except as follows:
| Name/Title | Type of Plan | Adoption Date | End Date | Aggregate Number of Securities to be Sold | Plan Description | |||||||||||||||||||||||||||
| Tracy Skeans / Chief Operating Officer & Chief People & Culture Officer | Rule 10b5-1 trading plan | February 7, 2026 | December 31, 2026 | 6,088 (1) | Sale Shares of Common Stock | |||||||||||||||||||||||||||
| 10,472 (2) | Sale of Shares of Common Stock | |||||||||||||||||||||||||||||||
| 26,660 (3) | Exercise of Stock Appreciation Rights and Sale of Resulting Shares of Common Stock | |||||||||||||||||||||||||||||||
| David Russell /SVP, Finance & Corporate Controller | Rule 10b5-1 trading plan | February 12, 2026 | August 31, 2027 | 41,312(3) | Exercise of Stock Appreciation Rights and Sale of Resulting Shares of Common Stock | |||||||||||||||||||||||||||
| Aaron Powell / Chief Executive Officer, Pizza Hut Division | Rule 10b5-1 trading plan | February 17, 2026 | December 31, 2026 | 24,005 (1) | Sale of Shares of Common Stock |
(1)Represents the number of shares of common stock specified in the plan.
(2)Represents the target number of common shares underlying Performance Share Units specified in the Plan. The actual number of shares received and sold following distribution will depend on the target quantity adjusted based on performance multipliers. The shares distributed may be equal to, greater than, or less than the target quantity specified in the Plan.
(3)Represents the number of shares of common stock underlying the stock appreciation rights awards specified in the plan. The actual number of shares of common stock to be received and sold following the exercise of the awards will depend upon the appreciation in the value of the awards and the number of shares withheld for any taxes.
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