Sami A. Siddiqui - 15 May 2025 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role: Chief Financial Officer
Signature: /s/ Michele Keusch, as Attorney-in-Fact for Sami Siddiqui
Issuer symbol: QSR
Transactions as of: 15 May 2025
Net transactions value: $0
Form type: 4
Filing time: 16 May 2025, 17:03:47 UTC
Previous filing: 08 Apr 2025
Next filing: 10 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Siddiqui Sami A.	Chief Financial Officer	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI	/s/ Michele Keusch, as Attorney-in-Fact for Sami Siddiqui	16 May 2025	0001829353

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	QSR	Common Shares						12,804	15 May 2025	Direct
holding	QSR	Common Shares						235,228	15 May 2025	By Trust	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	QSR	Performance Share Units	Award	$0	+73,507		$0.000000	73,507	15 May 2025	Common Shares	73,507		Direct	F11
holding	QSR	Option (Right to Buy)						80,000	15 May 2025	Common Shares	80,000	$55.55	Direct	F2
holding	QSR	Option (Right to Buy)						20,000	15 May 2025	Common Shares	20,000	$66.31	Direct	F2
holding	QSR	Restricted Share Units						2,417	15 May 2025	Common Shares	2,417		Direct	F3, F4
holding	QSR	Restricted Share Units						4,788	15 May 2025	Common Shares	4,788		Direct	F3, F5
holding	QSR	Performance Share Units						39,695	15 May 2025	Common Shares	39,695		Direct	F6
holding	QSR	Restricted Share Units						10,902	15 May 2025	Common Shares	10,902		Direct	F3, F7
holding	QSR	Performance Share Units						48,415	15 May 2025	Common Shares	48,415		Direct	F8
holding	QSR	Restricted Share Units						10,132	15 May 2025	Common Shares	10,132		Direct	F3, F9
holding	QSR	Performance Share Units						69,659	15 May 2025	Common Shares	69,659		Direct	F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are held by a revocable trust, of which the Reporting Person is the settlor and trustee for the benefit of the Reporting Person.
F2	These options are fully vested and exercisable.
F3	Each restricted share unit represents a contingent right to receive one common share.
F4	These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025.
F5	These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2025 and December 15, 2026.
F6	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.
F7	These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2025, December 15, 2026 and December 15, 2027.
F8	The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs 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.
F9	These restricted share units vest in equal annual installments. The vestings will occur on December 15, 2025, December 15, 2026, December 15, 2027 and December 15, 2028.
F10	The shares reported represent an award of performance based restricted share units ("2025-1 PBRSUs") granted to the Reporting Person. The 2025-1 PBRSUs will have a performance period beginning February 28, 2025 and ending February 28, 2028 and 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.
F11	The shares reported represent an award of performance based restricted share units ("2025-2 PBRSUs") granted to the Reporting Person. The 2025-2 PBRSUs will have a performance period beginning May 15, 2025 and ending May 21, 2028 and to the extent earned will vest on May 21, 2030. 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.