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Restaurant Brands (QSR) director Thecla Sweeney discloses RSU grant and options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Restaurant Brands International director reports equity awards and holdings. Thecla Sweeney, a director of Restaurant Brands International Inc., reported receiving 1,745 common shares in the form of restricted share units that are earned and vested upon grant and settle after her board service ends. These were recorded at a price of $0 and bring her directly held common share balance to 7,649 shares. She also holds options giving her the right to buy 17,841 common shares at an exercise price of $56.28 per share, which is the U.S. dollar equivalent of CAD $71.74 at issuance. These options become exercisable on 01/01/2027 and expire on 01/01/2032, and she beneficially owns 17,841 such derivative securities directly.

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Insider SWEENEY THECLA
Role Director
Type Security Shares Price Value
Grant/Award Common Shares 1,745 $0.00 --
holding Option (Right to Buy) -- -- --
Holdings After Transaction: Common Shares — 7,649 shares (Direct); Option (Right to Buy) — 17,841 shares (Direct)
Footnotes (1)
  1. Represents restricted share units that are earned and vested upon grant and that settle following termination of board service. The options were issued with an exercise price of CAD $71.74. The reported exercise price represents the U.S. dollar equivalent at the time of issuance.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SWEENEY THECLA

(Last) (First) (Middle)
C/O RESTAURANT BRANDS INTERNATIONAL INC.
5707 BLUE LAGOON DRIVE

(Street)
MIAMI FL 33126

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Restaurant Brands International Inc. [ QSR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 12/31/2025 A 1,745(1) A $0 7,649 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) $56.28(2) 01/01/2027 01/01/2032 Common Shares 17,841 17,841 D
Explanation of Responses:
1. Represents restricted share units that are earned and vested upon grant and that settle following termination of board service.
2. The options were issued with an exercise price of CAD $71.74. The reported exercise price represents the U.S. dollar equivalent at the time of issuance.
Remarks:
/s/ Jill Granat, Attorney-in-Fact for Thecla Sweeney 01/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Restaurant Brands International (QSR) report for Thecla Sweeney?

The filing reports that director Thecla Sweeney received 1,745 common shares in the form of restricted share units, which are earned and vested upon grant and will settle following the end of her board service.

How many Restaurant Brands International (QSR) shares does Thecla Sweeney own after this transaction?

After the reported transaction, Thecla Sweeney beneficially owns 7,649 common shares of Restaurant Brands International Inc., held in direct ownership.

What stock options does Thecla Sweeney hold in Restaurant Brands International (QSR)?

She holds options giving her the right to buy 17,841 common shares of Restaurant Brands International Inc. at an exercise price of $56.28 per share.

When do Thecla Sweeney’s Restaurant Brands International (QSR) options vest and expire?

The options become exercisable on 01/01/2027 and have an expiration date of 01/01/2032, according to the filing.

Why does the Restaurant Brands International (QSR) filing list the option exercise price in U.S. dollars?

The filing explains that the options were issued with an exercise price of CAD $71.74, and the reported exercise price of $56.28 represents the U.S. dollar equivalent at the time of issuance.

What are the terms of the restricted share units granted to Thecla Sweeney at Restaurant Brands International (QSR)?

The restricted share units are earned and vested upon grant and will settle following termination of board service, as stated in the explanation of responses.