Yum! Brands Files 8-K on Shareholder Vote Matters
Ticker: YUM · Form: 8-K · Filed: May 21, 2024 · CIK: 1041061
| Field | Detail |
|---|---|
| Company | Yum Brands Inc (YUM) |
| Form Type | 8-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, 8-k
Related Tickers: YUM
TL;DR
YUM filed an 8-K for shareholder vote matters on 5/16.
AI Summary
Yum! Brands, Inc. filed an 8-K on May 21, 2024, reporting on matters submitted to a vote of security holders as of May 16, 2024. The filing details the company's submission of proposals for shareholder approval, as is standard for public companies to maintain corporate governance and transparency.
Why It Matters
This filing indicates that Yum! Brands is engaging in its corporate governance processes, which is a routine but important aspect of maintaining shareholder trust and regulatory compliance.
Risk Assessment
Risk Level: low — This is a routine corporate filing related to shareholder votes, not indicating any specific financial distress or significant operational changes.
Key Players & Entities
- YUM! BRANDS, INC. (company) — Registrant
- May 16, 2024 (date) — Date of earliest event reported
- May 21, 2024 (date) — Date of report
- 13-3951308 (company) — I.R.S. Employer Identification No.
- 1441 Gardiner Lane, Louisville, Kentucky 40213 (company) — Address of principal executive offices
- 502-874-8300 (company) — Registrant's telephone number
FAQ
What specific matters were submitted to a vote of security holders by Yum! Brands?
The filing indicates that matters were submitted to a vote of security holders, but the specific proposals are not detailed in the provided excerpt of the 8-K.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 16, 2024.
What is the Commission file number for Yum! Brands?
The Commission file number for Yum! Brands is 1-13163.
In which state was Yum! Brands incorporated or organized?
Yum! Brands was incorporated or organized in North Carolina.
What is the principal executive office address for Yum! Brands?
The principal executive office address for Yum! Brands is 1441 Gardiner Lane, Louisville, Kentucky 40213.
Filing Stats: 667 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-05-21 16:37:46
Filing Documents
- yum-20240516.htm (8-K) — 57KB
- 0001041061-24-000023.txt ( ) — 178KB
- yum-20240516.xsd (EX-101.SCH) — 2KB
- yum-20240516_lab.xml (EX-101.LAB) — 21KB
- yum-20240516_pre.xml (EX-101.PRE) — 12KB
- yum-20240516_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The following is a brief description of each matter voted upon at the YUM! Brands, Inc. (the "Company") Annual Meeting of Shareholders held on May 16, 2024, as well as the number of votes cast for or against each matter and the number of abstentions and broker non-votes with respect to each matter. 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: Director For Against Abstain Broker non-votes Paget L. Alves 220,238,574 2,412,707 294,441 25,613,206 Keith Barr 220,754,622 1,880,442 310,658 25,613,206 M. Brett Biggs 221,801,877 834,992 308,853 25,613,206 Christopher M. Connor 216,498,268 6,140,476 306,978 25,613,206 Brian C. Cornell 211,735,511 10,263,527 946,684 25,613,206 Tanya L. Domier 221,698,988 961,962 284,772 25,613,206 Susan Doniz 207,523,836 15,128,061 293,825 25,613,206 David W. Gibbs 221,565,275 1,070,626 309,821 25,613,206 Mirian M. Graddick-Weir 214,491,434 8,156,188 298,100 25,613,206 Thomas C. Nelson 214,392,595 8,245,380 307,747 25,613,206 P. Justin Skala 219,697,570 2,933,561 314,591 25,613,206 Annie Young-Scrivner 221,652,492 993,501 299,729 25,613,206 2. The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2024 was approved based upon the following votes: Votes for approval 237,610,113 Votes against 10,533,631 Abstentions 415,184 There were no broker non-votes for this item. 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: Votes for approval 206,166,886 Votes against 14,769,307 Abstentions 2,009,529 Broker non-votes 25,613,206 4. The shareholder proposal regarding adoption of a policy on the use of antimicrobials in food-producing animals was not approved based upon the following vot