Sami A. Siddiqui - 16 Mar 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
16 Mar 2026
Net transactions value
-$5,991,680
Form type
4
Filing time
17 Mar 2026, 18:56:16 UTC
Previous filing
27 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 17 Mar 2026 0001829353

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Options Exercise +40,000 +112% $55.55* 75,766 16 Mar 2026 Direct
transaction QSR Common Shares Sale $2,980,380 -40,000 -53% $74.51 35,766 16 Mar 2026 Direct F1
transaction QSR Common Shares Options Exercise +40,000 +112% $55.55* 75,766 17 Mar 2026 Direct
transaction QSR Common Shares Sale $3,011,300 -40,000 -77% $75.28 12,139 17 Mar 2026 Direct F2
holding QSR Common Shares 258,855 16 Mar 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 Option (Right to Buy) Options Exercise -40,000 -50% $0.000000* 40,000 16 Mar 2026 Common Shares 40,000 $55.55 Direct F4
transaction QSR Option (Right to Buy) Options Exercise -40,000 -100% $0.000000* 0 17 Mar 2026 Common Shares 40,000 $55.55 Direct F4
holding QSR Option (Right to Buy) 20,000 16 Mar 2026 Common Shares 20,000 $66.31 Direct F4
holding QSR Restricted Share Units 2,460 16 Mar 2026 Common Shares 2,460 Direct F5, F6
holding QSR Restricted Share Units 7,469 16 Mar 2026 Common Shares 7,469 Direct F5, F7
holding QSR Performance Share Units 49,755 16 Mar 2026 Common Shares 49,755 Direct F8
holding QSR Restricted Share Units 7,809 16 Mar 2026 Common Shares 7,809 Direct F5, F9
holding QSR Performance Share Units 71,587 16 Mar 2026 Common Shares 71,587 Direct F10
holding QSR Performance Share Units 75,542 16 Mar 2026 Common Shares 75,542 Direct F11
holding QSR Restricted Share Units 14,411 16 Mar 2026 Common Shares 14,411 Direct F5, F12
holding QSR Performance Share Units 58,131 16 Mar 2026 Common Shares 58,131 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction range from $74.35 to $74.69 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F2 Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction range from $75.10 to $75.465 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F3 Reflects contribution of 23,627 shares from direct holdings to the revocable trust since the last report. 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 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.
F13 The shares reported represent an award of performance based restricted shares 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.