[Form 4] Restaurant Brands International Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Restaurant Brands International Inc. officer Thomas Benjamin Curtis, President of Burger King U.S. & Canada, reported multiple transactions in company common shares and equity awards dated December 15 and 17, 2025.
On December 15, he exercised restricted share units at an exercise price of $0 and sold portions of the resulting common shares at $70.8733 per share to cover withholding tax obligations from the vesting. On December 17, he sold an additional 4,250 common shares at $70.48 per share. After these transactions, he directly owns 74,957.1498 common shares and holds various restricted share units and performance-based restricted share units, with performance periods running from 2023 through 2028 and vesting dates including February 22, 2026 and March 15, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,694.84 shares ($543,687)
Net Sell
14 txns
Insider
CURTIS THOMAS BENJAMIN
Role
Pres., BK US & CA
Sold
7,694.84 shs ($544K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 4,250 | $70.48 | $300K |
| Exercise | Restricted Share Units | 2,488.621 | $0.00 | -- |
| Exercise | Restricted Share Units | 3,855.156 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,410.581 | $0.00 | -- |
| Exercise | Common Shares | 2,488.621 | $0.00 | -- |
| Sale | Common Shares | 979.272 | $70.8733 | $69K |
| Exercise | Common Shares | 3,855.156 | $0.00 | -- |
| Sale | Common Shares | 1,517.004 | $70.8733 | $108K |
| Exercise | Common Shares | 2,410.581 | $0.00 | -- |
| Sale | Common Shares | 948.564 | $70.8733 | $67K |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
| holding | Performance Share Units | -- | -- | -- |
Holdings After Transaction:
Common Shares — 74,957.15 shares (Direct);
Restricted Share Units — 2,487.525 shares (Direct);
Performance Share Units — 48,501.815 shares (Direct)
Footnotes (1)
- Represents shares sold to cover withholding tax obligations on the settlement of the reported vesting of the Reporting Person's restricted share units. Each restricted share unit represents a contingent right to receive one common share. These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025. These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026. The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition. These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027. The shares reported represent an award of performance based restricted share units ("2024 PBRSUs") granted to the Reporting Person. The 2024 PBRSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition. These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026, December 15, 2027 and December 15, 2028. The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs will have a performance period beginning February 28, 2025 and ending February 28, 2028 and to the extent earned will vest on March 15, 2028. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
