Restaurant Brands (QSR) director granted options on 13,747 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Restaurant Brands International Inc. director Marcia Marie Smith received a compensatory stock option grant covering 13,747 common shares. The options were awarded on June 4, 2026 with an exercise price of $72.74 per share, reflecting the U.S. dollar equivalent of a CAD $101.09 grant price. These options are exercisable starting June 4, 2031 and expire on June 3, 2036. Following this award, she holds 13,747 options directly, and the filing shows no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SMITH MARCIA MARIE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to Buy) | 13,747 | $0.00 | -- |
Holdings After Transaction:
Option (Right to Buy) — 13,747 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 13,747 options
Exercise price (USD equivalent): $72.74 per share
Grant price (CAD): CAD $101.09 per share
+3 more
6 metrics
Options granted
13,747 options
Grant to director on June 4, 2026
Exercise price (USD equivalent)
$72.74 per share
Option exercise price reported in U.S. dollars
Grant price (CAD)
CAD $101.09 per share
Original option exercise price in Canadian dollars
Options exercisable date
June 4, 2031
Start of exercisability for granted options
Options expiration date
June 3, 2036
Expiration of the granted options
Options held after grant
13,747 options
Total derivative holdings reported following transaction
Key Terms
Option (Right to Buy), exercise price, grant, award, or other acquisition, expiration date
4 terms
Option (Right to Buy) financial
"security_title: "Option (Right to Buy)""
exercise price financial
"The options were issued with an exercise price of CAD $101.09."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
expiration date financial
"expiration_date: "2036-06-03T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did QSR director Marcia Marie Smith report on this Form 4?
Marcia Marie Smith reported receiving a stock option grant for 13,747 common shares. The options were granted as compensation, not bought in the open market, and give her the right to purchase shares at a fixed exercise price in the future.
What is the exercise price of the stock options granted to QSR director Marcia Marie Smith?
The options carry an exercise price of $72.74 per share, based on a CAD $101.09 grant price converted using the Bank of Canada rate. This fixed price is what she must pay per share if she exercises the options later.
When do Marcia Marie Smith’s QSR stock options vest and expire?
The options become exercisable starting June 4, 2031 and expire on June 3, 2036. This gives a multi-year window in which she may choose to exercise the options and purchase QSR common shares at the stated exercise price.
How many QSR options does Marcia Marie Smith hold after this reported grant?
After the reported grant, she holds 13,747 stock options directly. Each option is linked to one QSR common share, so this filing reflects her derivative right to acquire up to 13,747 shares under this particular award.