Sami Siddiqui sells 40,000 QSR shares via option exercise

Reported Form 144 for QSR: Sami Siddiqui completed a stock option exercise and sold 40,000 common shares for $3,011,300.00 on 03/17/2026.

Rhea-AI Filing Summary

Reported Form 144 for QSR: Sami Siddiqui completed a stock option exercise and sold 40,000 common shares for $3,011,300.00 on 03/17/2026. The entry lists the method as cash.

Earlier dispositions by the same person are shown: 12,829 shares sold on 02/23/2026 for $866,101.18, and 977 shares sold on 01/07/2026 for $65,886.24.

Insights

Insider Transactions Analyst

Insider reported sizable option exercise followed by a sale.

The filing shows Sami Siddiqui exercised options and sold 40,000 common shares on 03/17/2026 for $3,011,300.00. The record explicitly lists the method as cash.

This sequence—exercise plus sale—is a routine liquidity event visible on Form 144; proportionality to total holdings is not provided in the excerpt, so impact on overall ownership cannot be assessed from the provided text.

Securities Legal Reviewer

Form 144 documents an exempt resale after an option exercise.

The entry identifies the transaction type as Stock Option Exercise with proceeds in cash. Dates and exact proceeds are listed which satisfy reporting detail for a Form 144 notice.

Cash‑flow treatment and any holding‑period conditions beyond the listed dates are not included in the excerpt; subsequent regulatory or broker confirmations would appear in other filings if required.

FAQ

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

What did QSR Form 144 disclose about Sami Siddiqui's transactions?

The Form 144 shows Sami Siddiqui sold 40,000 shares on 03/17/2026 after a stock option exercise, receiving $3,011,300.00. It also lists prior sales of 12,829 and 977 shares on earlier dates.

How were the 40,000 shares transacted on the Form 144 for QSR?

The filing identifies the method as a Stock Option Exercise and the distribution method as Cash. The proceeds for the 40,000 shares are shown as $3,011,300.00 on 03/17/2026.

Does the Form 144 show other recent sales by the same seller for QSR?

Yes. The excerpt lists previous dispositions by Sami Siddiqui: 12,829 shares sold on 02/23/2026 for $866,101.18, and 977 shares sold on 01/07/2026 for $65,886.24.

Who appears as the broker or issuer contact on the QSR Form 144 excerpt?

The filing shows Morgan Stanley Smith Barney LLC Executive Financial Services with an address at 1 New York Plaza, 8th Floor, New York, NY 10004 listed in the securities/issuer information section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/17/2026 - 04:22 PM 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	0001829353
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	SAMI SIDDIQUI
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	40000	3011300.00	346504193	03/17/2026	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	03/17/2026	Stock Option Exercise	Issuer			40000	03/17/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SAMI SIDDIQUI 5707 Waterford District Drive Miami FL 33126	Common	03/16/2026	40000	2980380.00
SAMI SIDDIQUI 5707 Waterford District Drive Miami FL 33126	Common	02/23/2026	12829	866101.18
SAMI SIDDIQUI 5707 Waterford District Drive Miami FL 33126	Common	01/07/2026	977	65886.24

144: Remarks and Signature

Remarks
Date of Notice	03/17/2026
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/ Sami Siddiqui
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)