Form 4 for QSR Restaurant Brands International Inc.
Accepted 2025-12-17 00:00:00 ET · period of report 2025-12-15 · accession 0001908102-25-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-12-17 | 2025-12-15 | QSR | Fulton Duncan | Chief Corp. Off | M - OptEx | $0.00 | +6,596 | 39.9K | +20% | $0 |
| DM | 2025-12-17 | 2025-12-15 | QSR | Fulton Duncan | Chief Corp. Off | S - Sale+OE | $70.89 | -3,531 | 38.5K | -8% | -$250.3K |
| DM | 2025-12-17 | 2025-12-15 | QSR | Fulton Duncan | Chief Corp. Off | M - OptEx | $0.00 | -6,596 | 2,434 | -73% | $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 | 2025-12-15 | M | A | 2,434.31 | $0.00 | 38,649.47 | D | — | — | |
| 2 | Common | Common Shares | 2025-12-15 | S | D | 1,303.09 | $70.89 | 37,346.38 | D | — | — | (F2) The reported shares were sold in Canadian dollars at a price of CAD$97.6222 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date. |
| 3 | Common | Common Shares | 2025-12-15 | S | D | 862.09 | $70.89 | 39,280.14 | D | — | — | (F2) The reported shares were sold in Canadian dollars at a price of CAD$97.6222 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date. |
| 4 | Common | Common Shares | 2025-12-15 | M | A | 1,610.47 | $0.00 | 40,142.22 | D | — | — | |
| 5 | Common | Common Shares | 2025-12-15 | S | D | 1,365.46 | $70.89 | 38,531.75 | D | — | — | (F2) The reported shares were sold in Canadian dollars at a price of CAD$97.6222 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date. |
| 6 | Common | Common Shares | 2025-12-15 | M | A | 2,550.82 | $0.00 | 39,897.21 | D | — | — | |
| 7 | Derivative | Restricted Share Units | 2025-12-15 | M | D | 2,550.82 | $0.00 | 5,101.65 | D | — · — to — | 2,550.82 Common Shares | (F6) Each restricted share unit represents a contingent right to receive one common share. (F10) These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027. |
| 8 | Derivative | Restricted Share Units | 2025-12-15 | M | D | 1,610.47 | $0.00 | 4,832.45 | D | — · — to — | 1,610.47 Common Shares | (F6) Each restricted share unit represents a contingent right to receive one common share. (F12) These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026, December 15, 2027 and December 15, 2028. |
| 9 | Derivative | Restricted Share Units | 2025-12-15 | M | D | 2,434.31 | $0.00 | 2,434.31 | D | — · — to — | 2,434.31 Common Shares | (F6) Each restricted share unit represents a contingent right to receive one common share. (F8) These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026. |