secwatch.observer — SEC 8-K summary
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Issuer:     YUM BRANDS INC (YUM)
CIK:        0001041061
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001041061-23-000028
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Yum! Brands annual meeting results: all board nominees elected, say-on-pay passes, shareholder proposals defeated
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- All 10 director nominees elected with majorities; each received over 208 million votes for.
- Ratification of KPMG as independent auditor for 2023 approved with 231.0M for, 8.7M against.
- Advisory say-on-pay approved with 184.5M for (84.3% of votes cast); company adopts annual frequency policy.
- Shareholder proposals on plastics report, lobbying report, and paid sick leave each defeated by wide margins.
- One proposal on civil rights audit not presented (proponent absent); share retention proposal withdrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041061/000104106123000028/0001041061-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041061/000104106123000028/yum-20230518.htm
  HTML page:      https://secwatch.observer/filing/0001041061-23-000028

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