Form 4 for QSR Restaurant Brands International Inc.
Accepted 2025-02-25 00:00:00 ET · period of report 2025-02-21 · accession 0001618756-25-000105 · 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 | 2025-02-25 | 2025-02-21 | QSR | Fulton Duncan | Chief Corp. Off | M - OptEx | $0.00 | +29.8K | 61.2K | +95% | $0 |
| D | 2025-02-25 | 2025-02-21 | QSR | Fulton Duncan | Chief Corp. Off | S - Sale+OE | $62.48 | -16.0K | 45.2K | -26% | -$998.0K |
| D | 2025-02-25 | 2025-02-21 | QSR | Fulton Duncan | Chief Corp. Off | M - OptEx | $0.00 | -29.8K | 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 | 2025-02-21 | M | A | 29,840.85 | $0.00 | 61,222.15 | D | — | — | |
| 2 | Common | Common Shares | 2025-02-21 | S | D | 15,973.81 | $62.48 | 45,248.35 | D | — | — | (F1) Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance share units. (F2) The reported shares were sold in Canadian dollars at a price of CAD$88.76 per share. The sale price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date. |
| 3 | Derivative | Performance Share Units | 2025-02-21 | M | D | 29,840.85 | $0.00 | 0 | D | — · 2025-02-21 to 2025-02-21 | 29,840.85 Common Shares | (F6) The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date. |