Granat Jill 4

What Happened
Jill Granat, EVP, General Counsel and Secretary of Restaurant Brands International (QSR), was granted seven derivative awards on July 7, 2026 totaling 1,385.547 restricted share units (RSUs/PBRSUs). All awards were granted at $0 (no cash paid). These awards are contingent rights to receive common shares subject to time- and/or performance-based vesting and related dividend-equivalent rights.

Key Details

• Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (timely).
• Grants (individual amounts): 35.493; 70.122; 318.097; 68.197; 391.567; 124.851; 377.220 (total 1,385.547 RSUs).
• Price: $0.00 per unit — award/grant transaction code A (derivative award).
• Post-transaction holdings: exact post-grant share ownership not provided in this summary; see the Form 4 for full beneficial ownership details.
• Notable footnotes: awards include performance-based RSUs (2024, 2025, 2026 PBRSUs) with multi-year performance periods (ending Feb 2027/2028/2029) and time-based RSUs that vest in equal annual installments (remaining vesting dates through Dec 15, 2026–2029). Dividend equivalent rights accrue and vest with the underlying RSUs. Each RSU represents a contingent right to one common share.
• Filing timeliness: filed within the normal Form 4 reporting window (no late filing indicated).

Context
These are grants of restricted share units (derivative awards), not open-market purchases or sales. Performance-based awards only convert to shares if the company meets the specified performance goals at the end of the performance period; time-based RSUs vest per scheduled dates. Such awards are routine executive compensation and do not represent an immediate buy/sell signal.