Daniel S. Schwartz - 31 Dec 2025 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Reporting relationship: Director
Issuer ticker: QSR
Reported as of: 31 Dec 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Jan 2026, 17:09:38 UTC
Prior SEC filing: 03 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Jill Granat, Attorney-in-Fact for Daniel S. Schwartz

Key filing fact

Daniel S. Schwartz filed Form 4 for Restaurant Brands International Inc. (QSR) on 05 Jan 2026.

Key facts

This page summarizes Daniel S. Schwartz's Form 4 filing for Restaurant Brands International Inc. (QSR).
1 reported transaction and 2 derivative rows are listed below.
Accepted by SEC: 05 Jan 2026, 17:09.

Change

Previous filing in this sequence was filed on 03 Jan 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001551400 Primary reporting owner

Schwartz Daniel S

Relationship: Director
Address: C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI
Signature: /s/ Jill Granat, Attorney-in-Fact for Daniel S. Schwartz
Signature date: 05 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QSR transaction

Common Shares

Award

Transaction value: $0
Shares: +1,454
Change %: +13%
Price: $0.000000
Shares after: 12,279
Date: 31 Dec 2025
Ownership: Direct
Footnotes: F1

QSR holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 529,186
Date: 31 Dec 2025
Ownership: By LLC
Footnotes: F2

QSR holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 854,570
Date: 31 Dec 2025
Ownership: By LLC
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QSR holding Derivative

Exchangeable Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 14,296
Date: 31 Dec 2025
Ownership: By LLC
Underlying class: Common Shares
Underlying amount: 14,296
Exercise price
Footnotes: F2, F4

QSR holding Derivative

Exchangeable Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 123,700
Date: 31 Dec 2025
Ownership: By LLC
Underlying class: Common Shares
Underlying amount: 123,700
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents restricted share units that are earned and vested upon grant and that settle following termination of board service.

Footnote F2

The securities are held by Miami Restaurant Holdings LLC. The Reporting Person holds all voting and dispositive power for these securities. The Reporting Person disclaims beneficial ownership of the securities held by Miami Restaurant Holdings LLC except to the extent of his pecuniary interest therein.

Footnote F3

The securities are held by Ameco Food Holdings LLC. The Reporting Person holds all voting and dispositive power for these securities. The Reporting Person disclaims ownership of the securities held by Ameco Food Holdings LLC except to the extent of his pecuniary interest therein.

Footnote F4

Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.