Sami A. Siddiqui - 25 Feb 2026 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role: Chief Financial Officer
Signature: /s/ David Wallace, as Attorney-in-Fact for Sami A. Siddiqui
Issuer symbol: QSR
Transactions as of: 25 Feb 2026
Net transactions value: +$264,437
Form type: 4
Filing time: 27 Feb 2026, 17:34:31 UTC
Previous filing: 24 Feb 2026
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 WATERFORD DISTRICT DRIVE, MIAMI	/s/ David Wallace, as Attorney-in-Fact for Sami A. Siddiqui	27 Feb 2026	0001829353

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QSR	Common Shares	Award	$264,437	+3,843	+12%	$68.81	35,766	25 Feb 2026	Direct	F1, F2
holding	QSR	Common Shares						235,228	25 Feb 2026	By Trust	F3

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	Award	$0	+14,411		$0.000000	14,411	25 Feb 2026	Common Shares	14,411		Direct	F5, F12, F13
transaction	QSR	Performance Share Units	Award	$0	+58,131		$0.000000	58,131	25 Feb 2026	Common Shares	58,131		Direct	F14
holding	QSR	Option (Right to Buy)						80,000	25 Feb 2026	Common Shares	80,000	$55.55	Direct	F4
holding	QSR	Option (Right to Buy)						20,000	25 Feb 2026	Common Shares	20,000	$66.31	Direct	F4
holding	QSR	Restricted Share Units						2,460	25 Feb 2026	Common Shares	2,460		Direct	F5, F6
holding	QSR	Restricted Share Units						7,469	25 Feb 2026	Common Shares	7,469		Direct	F5, F7
holding	QSR	Performance Share Units						49,755	25 Feb 2026	Common Shares	49,755		Direct	F8
holding	QSR	Restricted Share Units						7,809	25 Feb 2026	Common Shares	7,809		Direct	F5, F9
holding	QSR	Performance Share Units						71,587	25 Feb 2026	Common Shares	71,587		Direct	F10
holding	QSR	Performance Share Units						75,542	25 Feb 2026	Common Shares	75,542		Direct	F11

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

Explanation of Responses:

Id	Content
F1	The shares reported represent common shares purchased from the Issuer by the Reporting Person upon exercise of his investment rights pursuant to the Issuer's 2025 Bonus Swap Program under its 2023 Omnibus Incentive Plan ("2023 Plan"). The Reporting Person elected to use 50% of his 2025 net bonus to purchase common shares at a purchase price of $68.81 per share ("Investment Shares").
F2	Pursuant to the Issuer's 2023 Plan, the purchase price of the Investment Shares is calculated based on the last sales price of common shares of the Issuer reported on the New York Stock Exchange on the trading day immediately preceding the grant date, in this case February 24, 2026.
F3	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.
F4	These options are fully vested and exercisable.
F5	Each restricted share unit represents a contingent right to receive one common share.
F6	These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
F7	These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
F8	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.
F9	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.
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 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.
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.
F12	The Issuer granted the 2026 restricted share units ("2026 RSUs") to the Reporting Person pursuant to the Issuer's 2025 Bonus Swap Program under its 2023 Plan. The Reporting Person elected to use 50% of his 2025 net bonus to purchase Investment Shares and received a matching grant of 2026 RSUs in an amount equal to 50% of his gross bonus, multiplied by a multiplier based on the Reporting Person's position level with the Issuer ("RSU Multiplier"), and divided by the purchase price of $68.81 per share. The RSU Multiplier was 2.25 for executive vice presidents and above. If the Reporting Person sells any of the Investment Shares, he will forfeit all of the 2026 RSUs that have not yet vested.
F13	These restricted share units vest in equal annual installments. The vestings will occur on December 15, 2026, December 15, 2027, December 15, 2028 and December 15, 2029.
F14	The shares reported represent an award of performance based restricted share units ("2026 PBRSUs") granted to the Reporting Person. The 2026 PBRSUs will have a performance period beginning February 25, 2026 and ending February 25, 2029 and to the extent earned will vest on March 15, 2029. 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.