Restaurant Brands (QSR) President Curtis Benjamin Sells 64,000 Shares

What Happened

• Curtis Thomas Benjamin, President, BK US & CA at Restaurant Brands International (QSR), sold 64,000 common shares in an open-market transaction on August 21, 2026.
• The weighted-average sale price was $80.72 per share (sale price range $80.47–$80.83), for total proceeds of $5,166,048.
• This was a sale (transaction code S). Sales are common for executives; purchases tend to be more informative as bullish signals.

Key Details

• Transaction date: 2026-08-21; filing date (Form 4): 2026-08-25 — filed 4 days after the trade (appears late relative to the typical 2-business-day Form 4 requirement).
• Price: weighted average $80.72; price range $80.47–$80.83 (footnote F1).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: F1 explains the price range and availability of detailed price-by-lot info; F2–F9 describe various restricted share units (RSUs) and performance-based RSUs (PBRSUs) and their vesting/performance periods through 2029—these describe award structure and vesting schedules included in the filing.
• Transaction type summary: S = Sale.

Context

• The filing documents a straightforward open-market sale by an executive; Form 4s do not state motivations (tax, diversification, liquidity, etc.), so no inference should be made about company prospects.
• The presence of multiple RSU/PBRSU footnotes indicates the executive holds granted equity with scheduled vesting and performance conditions, but the filing does not tie this specific sale to any particular award or vesting event.