4//SEC Filing
Kobza Joshua 4
Accession 0001574771-26-000006
CIK 0001618756other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 4:32 PM ET
Size
25.4 KB
Accession
0001574771-26-000006
Insider Transaction Report
Form 4
Kobza Joshua
Chief Executive Officer
Transactions
- Award
Common Shares
2026-01-06+80.833→ 956,063.595 total - Sale
Common Shares
2026-01-07$67.44/sh−3,443.353$232,220→ 952,620.242 total - Award
Restricted Share Units
2026-01-06+65.927→ 7,162.658 total→ Common Shares (65.927 underlying) - Award
Performance Share Units
2026-01-06+3,052.651→ 331,655.73 totalFrom: 2028-05-21Exp: 2028-05-21→ Common Shares (3,052.651 underlying) - Award
Restricted Share Units
2026-01-06+151.204→ 16,427.585 total→ Common Shares (151.204 underlying) - Award
Performance Share Units
2026-01-06+1,177.626→ 127,943.349 totalFrom: 2027-03-15Exp: 2027-03-15→ Common Shares (1,177.626 underlying) - Award
Restricted Share Units
2026-01-06+139.794→ 15,187.946 total→ Common Shares (139.794 underlying) - Award
Performance Share Units
2026-01-06+1,464.253→ 159,084.007 totalFrom: 2028-03-15Exp: 2028-03-15→ Common Shares (1,464.253 underlying)
Holdings
- 5,413
Exchangeable Units
→ Common Shares (5,413 underlying) - 200,000
Option (Right to Buy)
Exercise: $56.92Exp: 2027-05-04→ Common Shares (200,000 underlying)
Footnotes (13)
- [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]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
- [F11]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.
- [F12]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.
- [F13]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 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 period.
- [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]These options are fully vested and exercisable.
- [F5]Each restricted share unit represents a contingent right to receive one common share.
- [F6]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.
- [F7]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
- [F8]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 February 22, 2023 and ending May 21, 2028 and to the extent earned will vest on May 21, 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.
- [F9]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.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
Related Parties
1- filerCIK 0001574771
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 4:32 PM ET
- Size
- 25.4 KB