Yum China Holdings (YUMC) has released an update.
Yum China Holdings, Inc. awarded Dr. Fred Hu, the chairperson of the company’s board and chairperson of the nominating and governance committee, 7,229 shares of common stock as part of their annual stock retainers. These shares, granted under the 2022 Long Term Incentive Plan and subject to a minimum 12-month holding period after board departure, reflect the company’s compensation structure approved by the Board in May 2023. As of the grant date, there are 27,076,808 shares remaining available for future grants under the same incentive plan.
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