Restaurant Brands International Inc. filings document operating results, governance and capital-structure matters for a global quick service restaurant company built around Tim Hortons, Burger King, Popeyes and Firehouse Subs. Its 8-K reports furnish quarterly and annual earnings releases, supplemental operating metrics, comparable sales, system-wide sales and segment information for brand and international operations.
Proxy materials cover board and shareholder-voting matters, while material-event filings address agreements, capital actions and other corporate disclosures, including dividends, repurchases and changes affecting restaurant holdings or brand-market structures.
Restaurant Brands International Inc.'s President, International reported equity activity and current holdings. A block of 1,860.572 restricted share units vested on December 31, 2025 and converted into common shares at a price of $0, increasing the executive’s directly held stake to 64,770.1629 common shares. The filing also lists multiple stock options with exercise prices between $55.55 and $66.31 and expirations from February 2027 through February 2030, along with additional restricted share units and performance-based share units scheduled to vest over future dates based on continued service and performance conditions.
Restaurant Brands International executive Peter Perdue, President of Popeyes US & Canada, reported changes in his equity holdings in a Form 4 filing. On December 31, 2025, 877.9716 restricted share units vested and converted into common shares, increasing his directly owned common shares to 37,384.8674. Any shares withheld or sold to cover taxes will be reported separately.
The filing also lists fully vested stock options to buy 10,000 common shares at $64.75 and 12,000 shares at $66.31, as well as multiple restricted share unit and performance share unit awards. These include time-based RSUs that vest in equal annual installments through dates such as December 15, 2028, and performance-based RSUs with performance periods running through the end of 2025, 2027, and 2028, with final vesting contingent on meeting performance conditions.
Restaurant Brands International Inc. executive Jacqueline Friesner, SVP, Controller and Principal Accounting Officer, reported equity transactions and holdings in this Form 4. On 12/31/2025, restricted share units vested and converted into 2,057.3195 common shares, increasing her directly held position to 187,865.3831 common shares.
She also holds derivative equity awards, including 9,098 exchangeable units of Restaurant Brands International Limited Partnership that are convertible into common shares or cash, as well as multiple time-based restricted share unit grants and performance-based restricted share units. These awards cover future potential common shares that vest over time or based on performance periods running through dates such as February 22, 2026, March 15, 2027, and March 15, 2028.
Restaurant Brands International Inc. director reports new equity grant and updated holdings. On 12/31/2025, the reporting person received 1,454 restricted share units of Restaurant Brands common shares at a price of $0. These units are earned and vested upon grant and will settle after the person’s board service ends.
After this transaction, the person beneficially owns 12,279 common shares directly. In addition, 529,185.615 and 854,570 common shares are held indirectly through two limited liability companies for which the person holds all voting and dispositive power, while disclaiming beneficial ownership beyond any pecuniary interest.
The filing also shows derivative holdings of 14,296 and 123,700 exchangeable units held through these entities. Each exchangeable unit can be converted into Restaurant Brands common shares or a cash amount based on the weighted average trading price, at the partnership general partner’s discretion, with no expiration date on this conversion right.
Restaurant Brands International director reports share grant and holdings update. A board member acquired 1,454 common shares of Restaurant Brands International Inc. on 12/31/2025 at a price of $0, described as restricted share units that are earned and vested upon grant and that settle after board service ends. Following this transaction, the director beneficially owns 6,708 common shares directly and 15,000 common shares indirectly through Maai Ltd., an entity the director solely owns and for which beneficial ownership is disclaimed except for pecuniary interest. The director also holds an option to buy 15,358 common shares at an exercise price of $65.11 per share, exercisable starting 06/25/2026 and expiring on 06/25/2031.
Restaurant Brands International Inc. executive Jacqueline Friesner, SVP, Controller and Principal Accounting Officer, reported restricted share unit vesting and related share transactions dated December 15, 2025. Several restricted share units converted into common shares at an exercise price of $0, followed by sales of 750.6975, 688.9169 and 445.9786 common shares at $70.8733 per share to cover withholding tax obligations.
After these transactions, Friesner directly beneficially owns 185,808.0636 common shares. She also holds exchangeable units, restricted share units and performance-based restricted share units that can settle in common shares, with remaining vesting or performance periods running through December 31, 2025, February 23, 2027 and February 28, 2028 and vesting dates on February 22, 2026, December 15, 2026, December 15, 2027, December 15, 2028, March 15, 2027 and March 15, 2028, subject to the stated conditions.
Restaurant Brands International Inc. President, International, Thiago Santelmo reported several equity transactions dated December 15, 2025. Multiple blocks of restricted share units vested, adding 2,165.4943, 1,501.2918 and 1,833.1104 common shares at an exercise price of $0.
A footnote explains that 786.0744, 544.969 and 665.4191 common shares were sold to cover withholding tax obligations related to these vestings at a sale price of $70.8733 per share. After these transactions, he directly beneficially owned 62,909.5909 common shares.
He also held derivative awards, including stock options exercisable for 10,000 common shares at $58.44, 10,000 at $64.75, 30,000 at $66.31, as well as restricted and performance share units with performance and vesting periods running through 2028.
Restaurant Brands International executive Axel Schwan reported equity award activity and related share sales. On December 15, 2025, several restricted share unit grants vested into 4,295.9376, 3,547.2531 and 3,104.1629 common shares at $0 per share, increasing his direct holdings. On the same date, he sold 2,299.6154, 1,898.8445 and 1,661.6584 common shares at $70.8733 per share to cover withholding tax obligations. After these transactions, he directly held 162,847.6243 common shares.
He also holds fully vested stock options giving the right to buy 40,000, 30,000 and 56,000 common shares at exercise prices of $58.44, $64.75 and $66.31, expiring between February 2028 and February 2030. In addition, he owns various time-based restricted share units and performance-based units, including 2023, 2024 and 2025 performance awards that may settle into common shares between February 2026 and March 2028 depending on achievement of stated performance conditions.
Restaurant Brands International Inc. executive Jill Granat, EVP, General Counsel & Secretary, reported multiple share transactions in mid-December 2025. On 12/15/2025, several restricted share unit awards vested, delivering 3,930.0928, 3,880.6375 and 2,516.4167 common shares at $0 per share. To cover withholding taxes and tax equalization amounts related to these awards, she sold 4,058.127 and 1,257.3302 shares at $70.8733 per share. On 12/16/2025 she also gifted 5,326 shares in an exempt transaction. After these transactions she directly beneficially owned 455,300.3441 common shares and continues to hold stock options, restricted share units and performance-based share units with vesting dates extending through 2028.
Restaurant Brands International chief financial officer Sami Siddiqui reported equity transactions dated December 15, 2025. Several restricted share unit awards vested, giving him 2,438.2348, 3,700.1428 and 2,579.096 common shares at an exercise price of $0 per share. He then sold 3,163.9568 and 5,548.6719 shares at $70.8733 per share and 2,200 shares at a weighted average price of $70.8779, with individual sale prices between $70.53 and $71.016. The filing states these sales were primarily to cover withholding tax and tax equalization gross-up obligations owed to the company. After the transactions he beneficially owns 10,609.1279 common shares directly and 235,228 shares indirectly through a revocable trust, along with stock options and performance-based restricted share units that can settle in additional common shares if vesting and performance conditions are met.