4//SEC Filing
Friesner Jacqueline 4
Accession 0001552051-26-000006
CIK 0001618756other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 4:32 PM ET
Size
24.2 KB
Accession
0001552051-26-000006
Insider Transaction Report
Form 4
Friesner Jacqueline
See Remarks
Transactions
- Award
Common Shares
2026-01-06+19.112→ 187,884.495 total - Sale
Common Shares
2026-01-07$67.44/sh−815.764$55,015→ 187,068.731 total - Award
Restricted Share Units
2026-01-06+17.746→ 1,928.025 total→ Common Shares (17.746 underlying) - Award
Performance Share Units
2026-01-06+135.171→ 14,685.716 totalFrom: 2026-02-22Exp: 2026-02-22→ Common Shares (135.171 underlying) - Award
Restricted Share Units
2026-01-06+32.569→ 3,538.414 total→ Common Shares (32.569 underlying) - Award
Performance Share Units
2026-01-06+161.442→ 17,539.903 totalFrom: 2027-03-15Exp: 2027-03-15→ Common Shares (161.442 underlying) - Award
Restricted Share Units
2026-01-06+31.596→ 3,432.714 total→ Common Shares (31.596 underlying) - Award
Performance Share Units
2026-01-06+161.061→ 17,498.546 totalFrom: 2028-03-15Exp: 2028-03-15→ Common Shares (161.061 underlying)
Holdings
- 9,098
Exchangeable Units
→ Common Shares (9,098 underlying)
Footnotes (12)
- [F1]Represents shares settled from dividend equivalent rights that accrued on a vested restricted share unit award in respect of dividends that were paid after the vesting of the award with a record date prior to the vesting of the award.
- [F10]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.
- [F11]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.
- [F12]The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs have a performance period beginning February 28, 2025 and ending on 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 previously reported vesting of the Reporting Person's 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 shares 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 Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.
- [F4]Each restricted share unit represents a contingent right to receive one common share.
- [F5]Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.
- [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 will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026. 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.
- [F8]Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance based restricted share units to which they relate.
- [F9]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026 and December 15, 2027.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
Related Parties
1- filerCIK 0001552051
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 4:32 PM ET
- Size
- 24.2 KB