Restaurant Brands Intl: President Santelmo Thiago T received 1,390.342 shares

What happened

• Santelmo Thiago T, president, international, received awards totaling 1,390.342 derivative shares on Oct 2, 2026. The awards are reported at a price of $0.00 and a total value of $0.
• The reported awards break down as 20.734, 28.734, 290.338, 52.608, 392.179, 151.025 and 454.724 shares.

Key details

• Transaction date and price: Oct 2, 2026; price $0.00 per share.
• Shares owned after the transaction: not stated in the filing.
• Footnotes in the filing indicate these awards include performance-based restricted share units (2025 PBRSUs and 2026 PBRSUs) and restricted share units that vest in installments; each restricted share unit represents a contingent right to receive one common share (see footnotes F3, F10, F11, F12). The filing also describes dividend equivalent rights tied to the units and exchangeable partnership units convertible into common shares (see footnotes F1, F4, F8).
• Form 4 filed Oct 6, 2026; the filing does not indicate lateness and is within the two-business-day deadline for the Oct 2, 2026 transaction.

Why it may matter

• These entries are awards of restricted share units and performance-based restricted share units, not open-market purchases or sales.
• The performance-based awards have multi-year performance periods and will vest only if performance conditions are met; some restricted units vest in equal annual installments per the footnotes.
• This filing does not show why the insider traded or why the company acted.