<?xml version="1.0" encoding="UTF-8"?><own:edgarSubmission xmlns:com="http://www.sec.gov/edgar/common" xmlns:own="http://www.sec.gov/edgar/ownership">
  <!-- Generated by Workiva -->
  <own:headerData>
    <own:submissionType>144</own:submissionType>
    <own:filerInfo>
      <own:filer>
        <own:filerCredentials>
          <own:cik>0001735780</own:cik>
          <own:ccc>XXXXXXXX</own:ccc>
        </own:filerCredentials>
      </own:filer>
      <own:liveTestFlag>LIVE</own:liveTestFlag>



    </own:filerInfo>
  </own:headerData>
  <own:formData>
    <own:issuerInfo>
      <own:issuerCik>0001041061</own:issuerCik>
      <own:issuerName>YUM! Brands, Inc.</own:issuerName>
      <own:secFileNumber>001-13163</own:secFileNumber>
      <own:issuerAddress>
        <com:street1>1441 Gardiner Lane</com:street1>
        <com:city>Louisville</com:city>
        <com:stateOrCountry>KY</com:stateOrCountry>
        <com:zipCode>40213</com:zipCode>
      </own:issuerAddress>
      <own:issuerContactPhone>502-874-8300</own:issuerContactPhone>
      <own:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Aaron Powell</own:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <own:relationshipsToIssuer>
        <own:relationshipToIssuer>Former Officer</own:relationshipToIssuer>
      </own:relationshipsToIssuer>
    </own:issuerInfo>
    <own:securitiesInformation>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:brokerOrMarketmakerDetails>
        <own:name>Merrill Lynch</own:name>
        <own:address>
          <com:street1>8890 Lyra Drive 5th Floor</com:street1>
          <com:city>Columbus</com:city>
          <com:stateOrCountry>OH</com:stateOrCountry>
          <com:zipCode>43240</com:zipCode>
        </own:address>
      </own:brokerOrMarketmakerDetails>
      <own:noOfUnitsSold>16000</own:noOfUnitsSold>
      <own:aggregateMarketValue>2507630</own:aggregateMarketValue>
      <own:noOfUnitsOutstanding>272901085</own:noOfUnitsOutstanding>
      <own:approxSaleDate>10/30/2026</own:approxSaleDate>
      <own:securitiesExchangeName>NYSE</own:securitiesExchangeName>
    </own:securitiesInformation>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>10/15/2026</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Restricted Stock Vesting</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>YUM Brands Inc</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>58</own:amountOfSecuritiesAcquired>
      <own:paymentDate>10/15/2026</own:paymentDate>
      <own:natureOfPayment>NA</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>02/11/2026</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Restricted Stock Vesting</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>YUM Brands Inc</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>669</own:amountOfSecuritiesAcquired>
      <own:paymentDate>02/11/2026</own:paymentDate>
      <own:natureOfPayment>NA</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>02/10/2026</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Restricted Stock Vesting</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>YUM Brands Inc</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>1753</own:amountOfSecuritiesAcquired>
      <own:paymentDate>02/10/2026</own:paymentDate>
      <own:natureOfPayment>NA</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>02/09/2026</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Restricted Stock Vesting</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>YUM Brands Inc</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>754</own:amountOfSecuritiesAcquired>
      <own:paymentDate>02/09/2026</own:paymentDate>
      <own:natureOfPayment>NA</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>02/06/2026</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Restricted Stock Vesting</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>YUM Brands Inc</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>571</own:amountOfSecuritiesAcquired>
      <own:paymentDate>02/06/2026</own:paymentDate>
      <own:natureOfPayment>NA</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>02/10/2025</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Stock Option Exercise</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>YUM Brands Inc</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>12195</own:amountOfSecuritiesAcquired>
      <own:paymentDate>10/30/2026</own:paymentDate>
      <own:natureOfPayment>Shares</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:nothingToReportFlagOnSecuritiesSoldInPast3Months>N</own:nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <own:securitiesSoldInPast3Months>
      <own:sellerDetails>
        <own:name>Aaron Powell</own:name>
        <own:address>
          <com:street1>1441 Gardiner Ln</com:street1>
          <com:city>Louisville</com:city>
          <com:stateOrCountry>KY</com:stateOrCountry>
          <com:zipCode>40213</com:zipCode>
        </own:address>
      </own:sellerDetails>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:saleDate>09/01/2026</own:saleDate>
      <own:amountOfSecuritiesSold>6001</own:amountOfSecuritiesSold>
      <own:grossProceeds>921994</own:grossProceeds>
    </own:securitiesSoldInPast3Months>
    <own:securitiesSoldInPast3Months>
      <own:sellerDetails>
        <own:name>Aaron Powell</own:name>
        <own:address>
          <com:street1>1441 Gardiner Ln</com:street1>
          <com:city>Louisville</com:city>
          <com:stateOrCountry>KY</com:stateOrCountry>
          <com:zipCode>40213</com:zipCode>
        </own:address>
      </own:sellerDetails>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:saleDate>10/07/2026</own:saleDate>
      <own:amountOfSecuritiesSold>422</own:amountOfSecuritiesSold>
      <own:grossProceeds>59126</own:grossProceeds>
    </own:securitiesSoldInPast3Months>
    <own:securitiesSoldInPast3Months>
      <own:sellerDetails>
        <own:name>Aaron Powell</own:name>
        <own:address>
          <com:street1>1441 Gardiner Ln</com:street1>
          <com:city>Louisville</com:city>
          <com:stateOrCountry>KY</com:stateOrCountry>
          <com:zipCode>40213</com:zipCode>
        </own:address>
      </own:sellerDetails>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:saleDate>10/08/2026</own:saleDate>
      <own:amountOfSecuritiesSold>550</own:amountOfSecuritiesSold>
      <own:grossProceeds>77000</own:grossProceeds>
    </own:securitiesSoldInPast3Months>
    <own:securitiesSoldInPast3Months>
      <own:sellerDetails>
        <own:name>Aaron Powell</own:name>
        <own:address>
          <com:street1>1441 Gardiner Ln</com:street1>
          <com:city>Louisville</com:city>
          <com:stateOrCountry>KY</com:stateOrCountry>
          <com:zipCode>40213</com:zipCode>
        </own:address>
      </own:sellerDetails>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:saleDate>10/15/2026</own:saleDate>
      <own:amountOfSecuritiesSold>3449</own:amountOfSecuritiesSold>
      <own:grossProceeds>517350</own:grossProceeds>
    </own:securitiesSoldInPast3Months>
    <own:noticeSignature>
      <own:noticeDate>10/30/2026</own:noticeDate>
      <own:signature>Aaron Powell</own:signature>
    </own:noticeSignature>
  </own:formData>
</own:edgarSubmission>
