Restaurant Brands (NYSE: QSR) officer to sell 64K shares
Rhea-AI Filing Summary
Restaurant Brands International Inc. (QSR) received a Form 144 notice indicating that officer Thomas Curtis plans to sell up to 64,003 shares of QSR common stock. The planned sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $5,166,290.16 and reference to 348,758,065 shares outstanding. The shares relate to various equity awards, including restricted stock and performance shares granted between 2023 and 2026 under issuer plans.
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Key Figures
Shares proposed to be sold: 64,003 shares
Aggregate market value of shares: $5,166,290.16
Shares outstanding referenced: 348,758,065 shares
+2 more
5 metrics
Shares proposed to be sold
64,003 shares
Common stock covered by Thomas Curtis’s Form 144 notice
Aggregate market value of shares
$5,166,290.16
Value associated with 64,003 QSR common shares in the Form 144
Shares outstanding referenced
348,758,065 shares
Restaurant Brands International Inc. common shares referenced in securities information
Restricted Stock grant 11/23/2023
4,666 shares
Common stock from a restricted stock grant listed as securities to be sold
Performance Shares grant 02/23/2026
23,751 shares
Common stock from performance shares listed as securities to be sold
Key Terms
Rule 144, Restricted Stock, Performance Shares, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 11/23/2023 | Restricted Stock | Issuer |"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing for QSR by Thomas Curtis disclose?
The Form 144 filing discloses that officer Thomas Curtis intends to sell up to 64,003 shares of Restaurant Brands International Inc. (QSR) common stock under Rule 144 through Morgan Stanley Smith Barney LLC on the NYSE.
Who is the broker named for the QSR Form 144 sale by Thomas Curtis?
The broker named is Morgan Stanley Smith Barney LLC Executive Financial Services, listed with an address at 1 New York Plaza, 8th Floor, New York, NY, in the Form 144 securities information.
AI-generated analysis. How Rhea-AI works. Not financial advice.