Restaurant Brands (QSR) director discloses RSU grant and stock options

Rhea-AI Filing Summary

Restaurant Brands International director reports equity grant and holdings

A director of Restaurant Brands International Inc. reported receiving 1,454 common shares on 12/31/2025 as an equity grant at a price of $0 per share, increasing direct beneficial ownership to 4,025 common shares. The filing notes these shares represent restricted share units that are earned and vested upon grant and will settle after the director’s board service ends. The director also holds an option to buy 13,118 common shares at an exercise price of $76.23 per share, first exercisable on 06/15/2028 and expiring on 06/14/2033, with all 13,118 derivative securities reported as directly owned.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider FRIBOURG JORDANA

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	1,454	$0.00	--
holding	Option (Right to Buy)	--	--	--

Holdings After Transaction: Common Shares — 4,025 shares (Direct); Option (Right to Buy) — 13,118 shares (Direct)

Footnotes (1)

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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^*

FRIBOURG JORDANA

(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		1,454(1)	A	$0	4,025	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)	$76.23							06/15/2028	06/14/2033	Common Shares	13,118		13,118	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 Jordana Fribourg	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 (QSR) report in this filing?

The filing reports that a director received 1,454 common shares as an equity grant on 12/31/2025 at a price of $0 per share, bringing direct beneficial ownership to 4,025 common shares.

What are the terms of the restricted share units reported for Restaurant Brands International (QSR)?

The 1,454 reported shares represent restricted share units that are earned and vested upon grant and are scheduled to settle following the end of the director’s board service.

What stock options does the director of Restaurant Brands International (QSR) hold?

The director holds an option to buy 13,118 common shares at an exercise price of $76.23 per share, first exercisable on 06/15/2028 and expiring on 06/14/2033, all reported as directly owned derivative securities.

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

After the reported 12/31/2025 grant of 1,454 common shares, the director beneficially owns 4,025 common shares directly.

What is the relationship of the reporting person to Restaurant Brands International (QSR)?

The reporting person is identified as a director of Restaurant Brands International Inc., filing individually as one reporting person.