THOMAS BENJAMIN CURTIS - 15 Dec 2025 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role: Pres., BK US & CA
Signature: /s/ Jill Granat, as Attorney-in-Fact for Thomas Benjamin Curtis
Issuer symbol: QSR
Transactions as of: 15 Dec 2025
Net transactions value: -$543,687
Form type: 4
Filing time: 17 Dec 2025, 17:55:21 UTC
Previous filing: 09 Oct 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
CURTIS THOMAS BENJAMIN	Pres., BK US & CA	C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI	/s/ Jill Granat, as Attorney-in-Fact for Thomas Benjamin Curtis	17 Dec 2025	0001804729

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QSR	Common Shares	Options Exercise	$0	+2,489	+3.4%	$0.000000	76,386	15 Dec 2025	Direct
transaction	QSR	Common Shares	Sale	$69,404	-979	-1.3%	$70.87	75,407	15 Dec 2025	Direct	F1
transaction	QSR	Common Shares	Options Exercise	$0	+3,855	+5.1%	$0.000000	79,262	15 Dec 2025	Direct
transaction	QSR	Common Shares	Sale	$107,515	-1,517	-1.9%	$70.87	77,745	15 Dec 2025	Direct	F1
transaction	QSR	Common Shares	Options Exercise	$0	+2,411	+3.1%	$0.000000	80,156	15 Dec 2025	Direct
transaction	QSR	Common Shares	Sale	$67,228	-949	-1.2%	$70.87	79,207	15 Dec 2025	Direct	F1
transaction	QSR	Common Shares	Sale	$299,540	-4,250	-5.4%	$70.48	74,957	17 Dec 2025	Direct

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	Restricted Share Units	Options Exercise	$0	-2,489	-50%	$0.000000	2,488	15 Dec 2025	Common Shares	2,489		Direct	F2, F4
transaction	QSR	Restricted Share Units	Options Exercise	$0	-3,855	-33%	$0.000000	7,709	15 Dec 2025	Common Shares	3,855		Direct	F2, F6
transaction	QSR	Restricted Share Units	Options Exercise	$0	-2,411	-25%	$0.000000	7,232	15 Dec 2025	Common Shares	2,411		Direct	F2, F8
holding	QSR	Restricted Share Units						2,600	15 Dec 2025	Common Shares	2,600		Direct	F2, F3
holding	QSR	Performance Share Units						48,502	15 Dec 2025	Common Shares	48,502		Direct	F5
holding	QSR	Performance Share Units						63,382	15 Dec 2025	Common Shares	63,382		Direct	F7
holding	QSR	Performance Share Units						63,048	15 Dec 2025	Common Shares	63,048		Direct	F9

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

Explanation of Responses:

Id	Content
F1	Represents shares sold to cover withholding tax obligations on the settlement of the reported vesting of the Reporting Person's restricted share units.
F2	Each restricted share unit represents a contingent right to receive one common share.
F3	These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025.
F4	These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
F5	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.
F6	These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
F7	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.
F8	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.
F9	The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs will 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 condition.