{"filing":{"accession_number":"0001104659-26-092305","cik":"0001041061","ticker":"YUM","company_name":"YUM BRANDS INC","form":"8-K","filing_date":"2026-08-07","report_date":"2026-08-07","primary_document":"tm2622152d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1041061/000110465926092305/tm2622152d1_8k.htm"},"events":[{"id":26070,"run_id":23680,"accession_number":"0001104659-26-092305","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.96,"summary":"YUM completed the sale of Pizza Hut China to Yum China Holdings for $1.2 billion on August 7, 2026, as part of a $2.7 billion aggregate Pizza Hut divestiture transaction. This material disposition of a significant business unit in a major market substantially affects investor assessment of YUM's portfolio and financial position.","company_name":"YUM BRANDS INC","ticker":"YUM","filing_date":"2026-08-07","form":"8-K","submitted_at":null,"items":[{"id":27072,"accession_number":"0001104659-26-092305","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"YUM completed the sale of Pizza Hut China to Yum China Holdings for $1.2 billion on August 7, 2026. Item 1.01 discloses entry into the Amended and Restated Master License Agreement and Guaranty in connection with this completion. The press release confirms this is part of a $2.7 billion aggregate Pizza Hut divestiture transaction, representing a material disposition of a significant business unit that would substantially affect investor assessment of YUM's portfolio and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T03:03:50.349621+00:00","company_name":"","ticker":null,"filing_date":""},{"id":27073,"accession_number":"0001104659-26-092305","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses completion of the sale of Pizza Hut China to Yum China Holdings for $1.2 billion in cash on August 7, 2026. This is a material disposition of a significant business asset, fitting squarely within Item 2.01 (Completion of Acquisition or Disposition of Assets) and the ma_activity event type. The transaction represents a substantial divestiture of one of Yum's iconic brands from a major market.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T03:03:50.349621+00:00","company_name":"","ticker":null,"filing_date":""},{"id":27074,"accession_number":"0001104659-26-092305","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing announces completion of the sale of Pizza Hut China to Yum China Holdings for $1.2 billion, representing one of two definitive agreements to sell Pizza Hut for $2.7 billion in aggregate. This is a material disposition of a significant business asset, constituting M\u0026A activity under Item 1.02 (completion of a material acquisition or disposition).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T03:03:50.349621+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":27072,"accession_number":"0001104659-26-092305","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"YUM completed the sale of Pizza Hut China to Yum China Holdings for $1.2 billion on August 7, 2026. Item 1.01 discloses entry into the Amended and Restated Master License Agreement and Guaranty in connection with this completion. The press release confirms this is part of a $2.7 billion aggregate Pizza Hut divestiture transaction, representing a material disposition of a significant business unit that would substantially affect investor assessment of YUM's portfolio and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T03:03:50.349621+00:00","company_name":"YUM BRANDS INC","ticker":"YUM","filing_date":"2026-08-07"},{"id":27073,"accession_number":"0001104659-26-092305","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses completion of the sale of Pizza Hut China to Yum China Holdings for $1.2 billion in cash on August 7, 2026. This is a material disposition of a significant business asset, fitting squarely within Item 2.01 (Completion of Acquisition or Disposition of Assets) and the ma_activity event type. The transaction represents a substantial divestiture of one of Yum's iconic brands from a major market.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T03:03:50.349621+00:00","company_name":"YUM BRANDS INC","ticker":"YUM","filing_date":"2026-08-07"},{"id":27074,"accession_number":"0001104659-26-092305","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing announces completion of the sale of Pizza Hut China to Yum China Holdings for $1.2 billion, representing one of two definitive agreements to sell Pizza Hut for $2.7 billion in aggregate. This is a material disposition of a significant business asset, constituting M\u0026A activity under Item 1.02 (completion of a material acquisition or disposition).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-09T03:03:50.349621+00:00","company_name":"YUM BRANDS INC","ticker":"YUM","filing_date":"2026-08-07"}]}