Restaurant Brands (QSR) director discloses RSU grant and 17,934 vested options

Rhea-AI Filing Summary

Restaurant Brands International Inc. director Maximilien de Limburg Stirum reported equity awards in the company’s shares. On 12/31/2025, he acquired 2,036 common shares as restricted share units that are earned and vested upon grant and will settle after his board service ends. Following this grant, he beneficially owns 10,804 common shares in direct form.

The filing also shows a fully vested stock option position. He holds 17,934 options with a conversion or exercise price of $55.76 per share, expiring on 06/14/2030. These options are described as fully vested and exercisable, giving him the right to buy the same number of common shares at that price.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider de Limburg Stirum Maximilien

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,036	$0.00	--
holding	Option (Right to Buy)	--	--	--

Holdings After Transaction: Common Shares — 10,804 shares (Direct); Option (Right to Buy) — 17,934 shares (Direct)

Footnotes (1)

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

Form 4 Insider Transactions: What Each Field Means →

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^*

de Limburg Stirum Maximilien

(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		2,036(1)	A	$0	10,804	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)	$55.76							(2)	06/14/2030	Common Shares	17,934		17,934	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. These options are fully vested and exercisable.

Remarks:

	/s/ Jill Granat, Attorney-in-Fact for Maximilien de Limburg Stirum	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 QSR director Maximilien de Limburg Stirum report?

The director reported acquiring 2,036 common shares of Restaurant Brands International Inc. as 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, the director beneficially owns 10,804 common shares of Restaurant Brands International Inc. in direct ownership.

What are the terms of the restricted share units reported for QSR?

The 2,036 restricted share units are earned and vested upon grant and will settle in shares after the director’s board service ends.

What stock options does the QSR director hold according to this Form 4?

The director holds 17,934 stock options with an exercise price of $55.76 per share, expiring on 06/14/2030.

Are the Restaurant Brands International (QSR) options reported in this filing vested?

Yes. The filing states that the 17,934 options are fully vested and exercisable.

Is the ownership reported by the QSR director direct or indirect?

The filing identifies the 10,804 common shares and the 17,934 options as held under direct (D) ownership.