Filing Details

Accession Number:
0001618756-25-000247
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-05-28 17:01:25
Reporting Period:
2025-05-23
Filing Date:
2025-05-28
Accepted Time:
2025-05-28 17:01:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1618756 Restaurant Brands International Inc. QSR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1552051 Jacqueline Friesner C/O Restaurant Brands International Inc.
5707 Blue Lagoon Drive
Miami FL 33126
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2025-05-23 50,000 $33.67 232,897 No 4 M Direct
Common Shares Acquisiton 2025-05-23 20,000 $55.55 252,897 No 4 M Direct
Common Shares Disposition 2025-05-23 70,000 $70.08 182,897 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Option (Right to Buy) Disposition 2025-05-23 50,000 $0.00 50,000 $33.67
Common Shares Option (Right to Buy) Disposition 2025-05-23 20,000 $0.00 20,000 $55.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2026-02-25 No 4 M Direct
0 2027-02-23 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Exchangeable Units $0.00 9,098 9,098 Direct
Common Shares Restricted Share Units $0.00 2,021 2,021 Direct
Common Shares Restricted Share Units $0.00 3,752 3,752 Direct
Common Shares Performance Share Units $0.00 2026-02-22 2026-02-22 14,290 14,290 Direct
Common Shares Restricted Share Units $0.00 5,165 5,165 Direct
Common Shares Performance Share Units $0.00 2027-03-15 2027-03-15 17,067 17,067 Direct
Common Shares Restricted Share Units $0.00 4,453 4,453 Direct
Common Shares Performance Share Units $0.00 2028-03-15 2028-03-15 17,027 17,027 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
9,098 9,098 Direct
2,021 2,021 Direct
3,752 3,752 Direct
2026-02-22 14,290 14,290 Direct
5,165 5,165 Direct
2027-03-15 17,067 17,067 Direct
4,453 4,453 Direct
2028-03-15 17,027 17,027 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $70.01 to $70.31 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
  2. Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.
  3. These options are fully vested and exercisable.
  4. Each restricted share units represent a contingent right to receive one common share.
  5. These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025.
  6. These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2025 and December 15, 2026.
  7. The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, 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.
  8. These restricted share units vest in equal annual installments. the remaining vestings will occur on December 15, 2025, December 15, 2026 and December 15, 2027.
  9. The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. 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.
  10. These restricted share units vest in equal annual installments. The vestings will occur on December 15, 2025, December 15, 2026, December 15, 2027 and December 15, 2028.
  11. The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs have a performance period beginning on February 28, 2025 and ending February 28, 2028 and to the extent earned will vest on March 15, 2028. 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.