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Saw this interesting insider trading move - Yum China's CEO Joey Wat just dumped over 100k shares, around 5.7 million bucks worth. Happened back in February but the filing just made rounds. This was actually his first time selling shares directly, which kinda caught people's attention.
He still holds a decent chunk though - like 706k shares total across direct and indirect holdings. But yeah, selling that much all at once is the kind of thing that makes you wonder what the thinking is. Could be anything - diversifying, personal reasons, whatever. The company's doing okay though, 350k employees, making solid revenue numbers.
The thing that's wild is how much better Yum stock (the parent company) has been doing compared to Yum China. Like 62% returns vs negative returns over five years. Makes you think about whether China-focused plays are worth the extra volatility right now. Anyway, definitely one of those insider moves worth keeping an eye on.