Axel Mr Schwan Sells $705K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 08, 2024
Open-Market Net Sale · SEC Form 4
−$704,796
Equity position changed by -7.3%
Equity Position
116K sh
125,215 → 116,130
Equity Change
-7.3%
shares held after vs before
Filing Lag
1 business day
within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Reporting Owner
| Name | Relationship |
|---|---|
| Axel Mr Schwan CIK 0001594977 |
Officer
|
Axel Mr Schwan at Restaurant Brands International Inc
Full insider history
Bought (12 mo)
—
Sold (12 mo)
$7,592,980
More from this insider at Restaurant Brands International Inc
| 2026-10-06 | Award | — | View |
| 2026-09-09 | Sell | -$4,671,716 | View |
| 2026-07-09 | Award | — | View |
| 2026-04-06 | Award | — | View |
| 2026-02-27 | Award | — | View |
Non-Derivative Securities Transactions
Derivative Securities Transactions
| Title | Strike | Date | Type | Shares | Price | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF3F4F5F5 | 2024-01-04 | A - Award/Grant | 22.4191 A | $0.00 | 22.4191 Common Shares | Direct | ||
| Restricted Share UnitsF3F4F9F9 | 2024-01-04 | A - Award/Grant | 15.5368 A | $0.00 | 15.5368 Common Shares | Direct | ||
| Restricted Share UnitsF3F4F11F11 | 2024-01-04 | A - Award/Grant | 53.255 A | $0.00 | 53.255 Common Shares | Direct | ||
| Restricted Share UnitsF3F4F13F13 | 2024-01-04 | A - Award/Grant | 86.7449 A | $0.00 | 86.7449 Common Shares | Direct | ||
| Performance Share UnitsF6F7F8F8 | 2024-01-04 | A - Award/Grant | 330.3005 A | $0.00 | 330.3005 Common Shares | Direct | ||
| Performance Share UnitsF10F7 | 2024-01-04 | A - Award/Grant | 212.2252 A | $0.00 | 2024-02-19 | 212.2252 Common Shares | Direct | |
| Performance Share UnitsF12F7 | 2024-01-04 | A - Award/Grant | 302.3354 A | $0.00 | 2025-02-25 | 302.3354 Common Shares | Direct | |
| Performance Share UnitsF14F7 | 2024-01-04 | A - Award/Grant | 544.1832 A | $0.00 | 2026-02-22 | 544.1832 Common Shares | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Option (Right to Buy)F15 Common Shares | 40,000 | $58.44 | 2028-02-22 |
| Option (Right to Buy) Common Shares | 30,000 | $64.75 | 2029-02-21 |
| Option (Right to Buy) Common Shares | 56,000 | $66.31 | 2030-02-20 |
Footnotes (15)
- F1
- Represents shares settled from dividend equivalent rights that accrued on a vested restricted share unit award in respect of dividends that were paid after the vesting of the award with a record date prior to the vesting of the award. Show more
- F2
- Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units. Show more
- F3
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F4
- Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate. Show more
- F5
- These restricted share units vest on December 31, 2024. Show more
- F6
- The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date. Show more
- F7
- Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance baserd restricted share units to which they relate. Show more
- F8
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 2023. Show more
- F9
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
- F10
- The shares reported represent an award of performance based restricted share untes ("2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on February 19, 2024. 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. Show more
- F11
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
- F12
- The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest on February 25, 2025. 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. Show more
- F13
- These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
- F14
- 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. Show more
- F15
- These options are fully vested and exercisable. Show more
Related filings at Restaurant Brands International Inc
Institutional Holders
13F holders · Jun 30, 2026
581
institutional managers reporting a position
Largest by reported value
- Capital World Investors $3.18B
- Pershing Square Holdco, L.P. $1.87B
- Royal Bank Of Canada $1.47B
5%+ Holders · 13D/G
4 filers
Other insiders at Restaurant Brands International Inc
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