Restaurant Brands exec plans $5.2M share sale

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.

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.

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.

Performance Shares financial

"Common | 02/23/2026 | Performance Shares | Issuer |"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many QSR shares are planned to be sold under this Form 144?

The notice covers a proposed sale of up to 64,003 shares of Restaurant Brands International Inc. (QSR) common stock, as indicated in the Form 144 securities information section.

What is the aggregate market value of the QSR shares in this Form 144?

The Form 144 states an aggregate market value of approximately $5,166,290.16 for the 64,003 shares of Restaurant Brands International Inc. (QSR) common stock proposed to be sold.

What types of equity awards are underlying the QSR shares in this Form 144?

The shares relate to multiple equity awards from Restaurant Brands International Inc. (QSR), including Restricted Stock and Performance Shares grants dated between November 2023 and February 2026, all issued by the company.

How many QSR shares outstanding are referenced in the Form 144?

The Form 144 references 348,758,065 shares of Restaurant Brands International Inc. (QSR) common stock outstanding in the securities information section.

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.

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Available on EDGAR 08/21/2026 - 07:10 PM EDT Accepted by SEC EDGAR 08/21/2026 - 07:09 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001804729
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	RESTAURANT BRANDS INTERNATIONAL INC.
SEC File Number	001-36786
Address of Issuer	5707 Waterford District Drive Miami FLORIDA 33126
Phone	305-378-3000
Name of Person for Whose Account the Securities are To Be Sold	THOMAS CURTIS
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	64003	5166290.16	348758065	08/21/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/23/2023	Restricted Stock	Issuer			4666	11/23/2023	Not Applicable
Common	02/23/2026	Performance Shares	Issuer			23751	02/22/2026	Not Applicable
Common	12/16/2024	Performance Shares	Issuer			10071	12/15/2024	Not Applicable
Common	12/14/2023	Restricted Stock	Issuer			3889	12/14/2023	Not Applicable
Common	08/12/2024	Restricted Stock	Issuer			4539	08/12/2024	Not Applicable
Common	09/03/2024	Restricted Stock	Issuer			1286	09/03/2024	Not Applicable
Common	12/16/2024	Restricted Stock	Issuer			7068	12/16/2024	Not Applicable
Common	02/25/2025	Restricted Stock	Issuer			1970	02/25/2025	Not Applicable
Common	12/15/2025	Restricted Stock	Issuer			5310	12/15/2025	Not Applicable
Common	01/06/2026	Restricted Stock	Issuer			1453	01/06/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/21/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Thomas Curtis
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)