Granat Jill 4
4 · Restaurant Brands International Inc. · Filed Feb 24, 2026
Insider Transaction Report
Form 4
Granat Jill
See Remarks
Transactions
- Exercise/Conversion
Common Shares
[F1]2026-02-22+29,371.431→ 487,651.387 total - Sale
Common Shares
[F2]2026-02-23$67.51/sh−11,524.981$778,051→ 476,126.406 total - Exercise/Conversion
Performance Share Units
[F7]2026-02-22−36,714.289→ 0 totalFrom: 2026-02-22Exp: 2026-02-22→ Common Shares (36,714.289 underlying)
Holdings
- 52,965
Exchangeable Units
[F3]→ Common Shares (52,965 underlying) - 50,000
Option (Right to Buy)
[F4]Exercise: $56.92Exp: 2027-05-04→ Common Shares (50,000 underlying) - 25,000
Option (Right to Buy)
[F4]Exercise: $66.31Exp: 2030-02-20→ Common Shares (25,000 underlying) - 3,965.497
Restricted Share Units
[F5][F6]→ Common Shares (3,965.497 underlying) - 7,834.447
Restricted Share Units
[F5][F8]→ Common Shares (7,834.447 underlying) - 35,539.522
Performance Share Units
[F9]From: 2027-03-15Exp: 2027-03-15→ Common Shares (35,539.522 underlying) - 7,619.381
Restricted Share Units
[F5][F10]→ Common Shares (7,619.381 underlying) - 43,747.92
Performance Share Units
[F11]From: 2028-03-15Exp: 2028-03-15→ Common Shares (43,747.92 underlying)
Footnotes (11)
- [F1]The 2023 PBRSUs vested at 80% of target based on the results of the performance condition.
- [F10]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026, December 15, 2027 and December 15, 2028.
- [F11]The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs will have a performance period beginning February 28, 2025 and ending February 28, 2028 and to the extent earned will vest on March 15, 2028. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
- [F2]Represents shares sold to cover withholding tax obligations on the settlement of the vesting of the Reporting Person's performance based restricted share units.
- [F3]Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common share on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.
- [F4]These options are fully vested and exercisable.
- [F5]Each restricted share unit represents a contingent right to receive one common share.
- [F6]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
- [F7]The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs had a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned vested on February 22, 2026. The 2023 PBRSUs vested at 80% of target.
- [F8]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
- [F9]The shares reported represent an award of performance based restricted share units ("2024 PBRSUs") granted to the Reporting Person. The 2024 PBRSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
Signature
/s/ David Wallace, as Attorney-in-Fact for Jill Granat|2026-02-24