Form 4 for QSR Restaurant Brands International Inc.
Accepted 2025-02-27 00:00:00 ET · period of report 2025-02-25 · accession 0001618756-25-000141 · 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 | 2025-02-27 | 2025-02-25 | QSR | Kobza Joshua | CEO | S - Sale+OE | $64.38 | -72.7K | 961.3K | -7% | -$4.68M |
| D | 2025-02-27 | 2025-02-25 | QSR | Kobza Joshua | CEO | M - OptEx | $0.00 | +185.4K | 1.03M | +22% | $0 |
| D | 2025-02-27 | 2025-02-25 | QSR | Kobza Joshua | CEO | M - OptEx | $0.00 | -136.6K | 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 | 2025-02-25 | S | D | 72,719.52 | $64.38 | 961,294.52 | D | — | — | (F2) Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance share units. |
| 2 | Common | Common Shares | 2025-02-25 | M | A | 185,435.89 | $0.00 | 1,034,014.04 | D | — | — | (F1) The 2022 PBRSUs vested at 135.76% of target based on the results of the performance condition. |
| 3 | Derivative | Performance Share Units | 2025-02-25 | M | D | 136,588.82 | $0.00 | 0 | D | — · 2025-02-25 to 2025-02-25 | 136,588.82 Common Shares | (F7) The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2022 and to the extent earned will vest 100% on February 25, 2025. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition. |