{"schema_version":"secwatch.filing_event.v1","accession":"0001041061-26-000128","form_type":"8-K","ticker":"YUM","cik":"0001041061","company_name":"YUM BRANDS INC","filed_at":"2026-05-19T20:16:41+00:00","discovered_at":"2026-05-19T20:18:00.375728+00:00","generated_at":"2026-05-19T21:08:00.039874+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Yum! Brands shareholders elect all 11 directors, ratify KPMG, approve say-on-pay; shareholder proposal rejected","bullets":["All 11 director nominees elected, including Paget Alves, Brian Cornell, and Chris Turner, with votes ranging from 208.9M to 221.5M for.","Ratification of KPMG as auditor for 2026 approved: 231.6M for, 14.2M against.","Non-binding advisory vote on executive compensation approved: 212.2M for, 9.2M against.","Shareholder proposal to lower special meeting ownership threshold to 10% failed: 83.5M for, 137.8M against.","Broker non-votes of 23.99M present on all director elections and say-on-pay proposal."],"urls":{"canonical":"https://secwatch.observer/filing/0001041061-26-000128","json":"https://secwatch.observer/filing/0001041061-26-000128.json","markdown":"https://secwatch.observer/filing/0001041061-26-000128.md","text":"https://secwatch.observer/filing/0001041061-26-000128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000128/0001041061-26-000128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000128/yum-20260514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T21:08:00.039874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2ef756682ea8506e6415f7de29cca7a2ad8c64a0","claim":"YUM BRANDS INC shareholders rejected Shareholder proposal regarding reducing ownership threshold for shareholders to call a special meeting at the 2026-05-14 meeting.","evidence_excerpt":"4. The shareholder proposal regarding reducing the ownership threshold for shareholders to call a special meeting was not approved based upon the following votes:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000128/0001041061-26-000128-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"826436a025626b2a7a9879cd7102247696d5054f","claim":"YUM BRANDS INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for 2026 at the 2026-05-14 meeting.","evidence_excerpt":"2. The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2026 was approved based upon the following votes:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000128/0001041061-26-000128-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"db9b11cf2ad94abe142b2b25733090aaa0f0908b","claim":"YUM BRANDS INC shareholders approved Election of Directors at the 2026-05-14 meeting.","evidence_excerpt":"1. The election of the following directors, who will serve until their respective successors are elected and qualified or until their earlier death or resignation:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000128/0001041061-26-000128-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"dcf50d0de4c82ae9d2fa44e94c8076a2950eabbc","claim":"YUM BRANDS INC shareholders approved Advisory vote to approve executive compensation of named executive officers at the 2026-05-14 meeting.","evidence_excerpt":"3. The proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers was approved based upon the following votes:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000128/0001041061-26-000128-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}