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Just saw that the CEO of Yum China dumped over 100k shares back in February for like $5.7 million. Pretty interesting timing honestly. This was his first time selling that many shares - 104,000 to be exact - which is about 12.84% of what he was holding at the time. After the sale he still kept around 433k shares directly plus another 272k through some entities, so he's definitely not bailing on the company or anything. What caught my eye is how this compares to the parent company YUM. Like, Yum China is basically just the China operations - KFC, Pizza Hut, Taco Bell, all that stuff but only in China. Meanwhile the regular YUM stock has been crushing it, up 62% over five years while Yum China is down 8.24%. The China-focused play is way more volatile too, especially since it trades on both NYSE and Hong Kong exchange now. So this insider sale could just be a normal portfolio move, or maybe the CEO is taking some chips off the table given how choppy Chinese stocks have been. Hard to say what it really means without more context. You guys think this is a red flag or just standard CEO diversification?