Fulton Duncan 4

Accession 0001908102-26-000006

CIK 0001618756other

View on SEC.gov Company Profile

Filed

Jan 7, 7:00 PM ET

Accepted

Jan 8, 4:31 PM ET

Size

25.3 KB

Accession

0001908102-26-000006

Insider Transaction Report

Form 4

Period: 2026-01-06

Restaurant Brands International Inc.QSR

Fulton Duncan

Chief Corporate Officer

Transactions

Award
Common Shares
2026-01-06+29.66→ 42,503.813 total
Sale
Common Shares
2026-01-07$67.48/sh−1,775.333$119,799→ 40,728.479 total
Award
Restricted Share Units
2026-01-06+22.605→ 2,456.915 total
→ Common Shares (22.605 underlying)
Award
Performance Share Units
2026-01-06+221.466→ 24,070.469 total
From: 2026-02-22Exp: 2026-02-22→ Common Shares (221.466 underlying)
Award
Restricted Share Units
2026-01-06+47.375→ 5,149.022 total
→ Common Shares (47.375 underlying)
Award
Performance Share Units
2026-01-06+195.584→ 21,257.401 total
From: 2027-03-15Exp: 2027-03-15→ Common Shares (195.584 underlying)
Award
Restricted Share Units
2026-01-06+44.875→ 4,877.326 total
→ Common Shares (44.875 underlying)
Award
Performance Share Units
2026-01-06+219.584→ 23,865.91 total
From: 2028-03-15Exp: 2028-03-15→ Common Shares (219.584 underlying)

Holdings

Option (Right to Buy)
Exercise: $63.64Exp: 2028-08-03→ Common Shares (60,000 underlying)
60,000
Option (Right to Buy)
Exercise: $66.31Exp: 2030-02-21→ Common Shares (15,000 underlying)
15,000

Footnotes (15)

[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 ("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.
[F11]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.
[F12]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
[F13]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.
[F14]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.
[F15]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 on 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]The reported shares were sold in Canadian dollars at a price of CAD $93.28 per share. The sale price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date.
[F4]The options were issued with an exercise price of CAD $82.81. The reported exercise price represents the U.S. dollar equivalent.
[F5]These options are fully vested and exercisable.
[F6]The options were issued with an exercise price of CAD $88.03. The reported exercise price represents the U.S. dollar equivalent.
[F7]Each restricted share unit represents a contingent right to receive one common share.
[F8]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.
[F9]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.

Documents

1 file

4
wk-form4_1767907906.xmlPrimary
FORM 4

Issuer

Restaurant Brands International Inc.

CIK 0001618756

→

Entity typeother

Related Parties

filerCIK 0001908102

Filing Metadata

Form type: 4
Filed: Jan 7, 7:00 PM ET
Accepted: Jan 8, 4:31 PM ET
Size: 25.3 KB

View on SEC.gov