Restaurant Brands (QSR) director reports 2,909 RSU grant and 21,871 shares owned

Rhea-AI Filing Summary

Restaurant Brands International Inc. director Ali Hedayat reported receiving 2,909 common shares in the form of restricted share units on 12/31/2025. These restricted share units are earned and vested upon grant and will settle after termination of board service. Following this grant, Hedayat beneficially owns 21,871 common shares of Restaurant Brands International Inc., held in direct ownership.

Insider Trade Summary

Net Buyer: 2,909 shares

Net Buy 1 txn

Insider Hedayat Ali

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,909	$0.00	$0.00

Holdings After Transaction: Common Shares — 21,871 shares (Direct)

Footnotes (1)

1. F1. Represents restricted share units that are earned and vested upon grant and that settle following termination of board service.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/05/2026 - 05:11 PM Learn about SEC filing dates

FAQ

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

Restaurant Brands International Inc. reported that director Ali Hedayat received 2,909 common shares in the form of restricted share units on 12/31/2025.

How many Restaurant Brands International (QSR) shares does the director own after this transaction?

After the reported transaction, director Ali Hedayat beneficially owns 21,871 common shares of Restaurant Brands International Inc.

What type of equity award did the Restaurant Brands (QSR) director receive?

The director received restricted share units that are earned and vested upon grant and settle following termination of board service.

Was there a cash price paid for the Restaurant Brands (QSR) restricted share units?

The form shows the price for the 2,909 common shares as $0, indicating no cash price was paid for this restricted share unit grant.

What is the relationship of the reporting person to Restaurant Brands International (QSR)?

The reporting person, Ali Hedayat, is identified as a Director of Restaurant Brands International Inc.

Is the Restaurant Brands (QSR) Form 4 filed for one reporting person or a group?

The document indicates that the Form 4 is filed by one reporting person, not by more than one reporting person.

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^*

Hedayat Ali

(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		2,909(1)	A	$0	21,871	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

Explanation of Responses:

1. Represents restricted share units that are earned and vested upon grant and that settle following termination of board service.

Remarks:

	/s/ Jill Granat, Attorney-in-Fact for Ali Hedayat	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.