01—Abstract
Summary
Summary of the 8-K filed May 19, 2026. Cited figures are marked; the original filing is the authoritative source.
At its Annual Meeting of Shareholders held on May 14, 2026, YUM!
Brands, Inc. shareholders voted on four matters, as reported in this Form 8-K under Item 5.07. The filing lists vote tallies for eleven director nominees, each of whom received substantially more votes for than against. Mirian M.
Graddick-Weir drew the most votes against (12,999,923), and Kathleen K. Oberg drew the fewest (364,109). Shareholders approved the ratification of KPMG LLP as the Company's independent auditor for 2026, with 231,597,167 votes for, 14,177,562 against, and 326,450 abstentions.
They also approved, on a non-binding advisory basis, the executive compensation of the named executive officers, with 212,220,747 votes for, 9,209,495 against, and 684,673 abstentions. A shareholder proposal to reduce the ownership threshold for shareholders to call a special meeting was not approved. It received 83,507,337 votes for, 137,798,232 against, and 809,346 abstentions, with 23,986,264 broker non-votes.
02—Key points
Key Highlights
- Eleven director nominees were up for election at the May 14, 2026 Annual Meeting, including Paget L. Alves, M. Brett Biggs, Brian C. Cornell, and Chris Turner. Each nominee received more votes for than against.
- Mirian M. Graddick-Weir received the highest number of votes against any nominee (12,999,923), while Kathleen K. Oberg received the fewest (364,109).
- Shareholders ratified KPMG LLP as independent auditor for 2026 with 231,597,167 votes for and 14,177,562 against.
- Shareholders approved, by non-binding advisory vote, the executive compensation of the named executive officers, with 212,220,747 votes for and 9,209,495 against.
- A shareholder proposal to reduce the ownership threshold for calling a special meeting was not approved, receiving 83,507,337 votes for and 137,798,232 against.
- Broker non-votes totaled 23,986,264 on the director elections, the executive compensation proposal, and the special meeting proposal. No broker non-votes were recorded on the auditor ratification.
03—Questions
Frequently Asked Questions
When and where was the YUM! Brands annual shareholder meeting held?
The Annual Meeting of Shareholders was held on May 14, 2026. The filing reports the voting results but does not state the meeting location.
Were the director nominees elected?
The filing reports vote tallies for eleven director nominees, each of whom received more votes for than against. The directors serve until their successors are elected and qualified or until their earlier death or resignation.
Did shareholders approve the executive compensation package?
Yes. The non-binding advisory vote on the named executive officers' compensation received 212,220,747 votes for, 9,209,495 against, and 684,673 abstentions.
What shareholder proposal was voted on, and what was the outcome?
The proposal sought to reduce the ownership threshold for shareholders to call a special meeting. It was not approved, with 83,507,337 votes for, 137,798,232 against, and 809,346 abstentions.
Who is the Company's independent auditor for 2026?
Shareholders ratified KPMG LLP as the Company's independent auditor for 2026, with 231,597,167 votes for, 14,177,562 against, and 326,450 abstentions.
04—Continue