Form 4 for QSR Restaurant Brands International Inc.
Accepted 2026-02-24 00:00:00 ET · period of report 2026-02-22 · accession 0001594977-26-000009 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-02-24 | 2026-02-23 | QSR | Schwan Axel | Pres, Tim Hortons Americas | S - Sale+OE | $67.51 | -34.9K | 195.0K | -15% | -$2.36M |
| D | 2026-02-24 | 2026-02-22 | QSR | Schwan Axel | Pres, Tim Hortons Americas | M - OptEx | $0.00 | +65.3K | 229.9K | +40% | $0 |
| D | 2026-02-24 | 2026-02-22 | QSR | Schwan Axel | Pres, Tim Hortons Americas | M - OptEx | $0.00 | -81.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2026-02-23 | S | D | 34,938.95 | $67.51 | 194,983.93 | D | — | — | (F2) Represents shares sold to cover withholding tax obligations on the settlement of the vesting of the Reporting Person's performance based restricted share units. |
| 2 | Common | Common Shares | 2026-02-22 | M | A | 65,269.85 | $0.00 | 229,922.88 | D | — | — | (F1) The 2023 PBRSUs vested at 80% of target based on the results of the performance condition. |
| 3 | Derivative | Performance Share Units | 2026-02-22 | M | D | 81,587.31 | $0.00 | 0 | D | — · 2026-02-22 to 2026-02-22 | 81,587.31 Common Shares | (F6) The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs had a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned vested on February 22, 2026. The 2023 PBRSUs vested at 80% of target. |