Restaurant Brands (QSR) CFO logs tax-related share sale and fresh RSU, PSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Restaurant Brands International Inc. Chief Financial Officer Sami A. Siddiqui reported several equity compensation updates and a small share sale. On January 7, 2026, he sold 976.6931 common shares at $67.44 per share, with a footnote stating the sale was to cover withholding tax obligations on the settlement of previously vested restricted share units. After this, he directly held 12,116.3474 common shares.
On January 6, 2026, Siddiqui acquired 22.8626 common shares from dividend equivalents on vested restricted share units, and multiple grants of restricted share units and performance share units, all at $0 exercise or purchase price. He also reports fully vested options to buy 80,000 common shares at $55.55 and 20,000 common shares at $66.31. In addition, 235,228 common shares are held indirectly through a revocable trust for his benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 976.693 shares ($65,868)
Net Sell
12 txns
Insider
Siddiqui Sami A.
Role
Chief Financial Officer
Sold
976.693 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 976.693 | $67.44 | $66K |
| Grant/Award | Restricted Share Units | 22.641 | $0.00 | -- |
| Grant/Award | Performance Share Units | 375.476 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 68.747 | $0.00 | -- |
| Grant/Award | Performance Share Units | 457.962 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 71.878 | $0.00 | -- |
| Grant/Award | Performance Share Units | 658.908 | $0.00 | -- |
| Grant/Award | Performance Share Units | 695.306 | $0.00 | -- |
| Grant/Award | Common Shares | 22.863 | $0.00 | -- |
| holding | Option (Right to Buy) | -- | -- | -- |
| holding | Option (Right to Buy) | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 12,116.347 shares (Direct);
Restricted Share Units — 2,459.78 shares (Direct);
Performance Share Units — 40,793.655 shares (Direct);
Option (Right to Buy) — 80,000 shares (Direct);
Common Shares — 235,228 shares (Indirect, By Trust)
Footnotes (1)
- Represents shares settled from dividend equivalent rights that accrued on a vested restricted share unit award in respect of dividends that were paid after the vesting of the award with a record date prior to the vesting of the award. Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units. These shares are held by a revocable trust, of which the Reporting Person is the settlor and trustee for the benefit of the Reporting Person. These options are fully vested and exercisable. Each restricted share unit represents a contingent right to receive one common share. Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate. 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. Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance based restricted share units to which they relate. 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 ("2025-1 PBRSUs") granted to the Reporting Person. The 2025-1 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. The shares reported represent an award of performance based restricted share units ("2025-2 PBRSUs") granted to the Reporting Person. The 2025-2 PBRSUs will have a performance period beginning May 15, 2025 and ending May 21, 2028 and to the extent earned will vest on May 21, 2030. 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.
Restaurant Brand