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Restaurant Brands (QSR) director reports 1,745 RSUs and stock options

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Restaurant Brands International Inc. director Cristina Farjallat reported receiving 1,745 common shares on 12/31/2025. These represent restricted share units that are earned and vested upon grant and will settle after she leaves the board.

Following this award, she beneficially owns 5,029 common shares directly. She also holds an option to buy 15,218 common shares at an exercise price of $65.71 per share, which becomes exercisable on 02/24/2028 and expires on 02/23/2033.

Positive

  • None.

Negative

  • None.
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*
FARJALLAT CRISTINA

(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 1,745(1) A $0 5,029 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) $65.71 02/24/2028 02/23/2033 Common Shares 15,218 15,218 D
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 Cristina Farjallat 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 Restaurant Brands International Inc. (QSR) report?

Director Cristina Farjallat reported receiving 1,745 common shares on 12/31/2025, in the form of restricted share units that are earned and vested upon grant.

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

After the reported transaction, director Cristina Farjallat beneficially owns 5,029 common shares of Restaurant Brands International Inc., held directly.

What are the terms of Cristina Farjallat’s stock options at Restaurant Brands International Inc. (QSR)?

She holds an option to buy 15,218 common shares at an exercise price of $65.71 per share. The option becomes exercisable on 02/24/2028 and expires on 02/23/2033.

How do the restricted share units for QSR’s director vest and settle?

The 1,745 restricted share units are earned and vested upon grant, and they will settle following termination of board service for Cristina Farjallat.

What is Cristina Farjallat’s role at Restaurant Brands International Inc. (QSR)?

Cristina Farjallat is identified as a director of Restaurant Brands International Inc. in the reporting information.

Is the reported QSR insider transaction a joint filing with other reporting persons?

No. The form indicates it is filed by one reporting person, covering transactions for director Cristina Farjallat only.

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23.72B
321.95M
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Restaurants
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United States
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