Duncan Fulton Sells $759K of Restaurant Brands International Inc (QSR) — SEC Form 4, Feb 21, 2024
Open-Market Net Sale · SEC Form 4
−$759,477
Equity position changed by +29.3%
Equity Position
38K sh
29,416 → 38,039
Equity Change
+29.3%
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 |
|---|---|
| Duncan Fulton CIK 0001908102 |
Officer
|
Duncan Fulton at Restaurant Brands International Inc
Full insider history
Bought (12 mo)
—
Sold (12 mo)
$1,065,856
More from this insider at Restaurant Brands International Inc
| 2026-10-06 | Award | — | View |
| 2026-07-09 | Award | — | View |
| 2026-04-06 | Award | — | View |
| 2026-02-27 | Award | — | View |
| 2026-02-24 | Sell | -$695,826 | View |
Non-Derivative Securities Transactions
Derivative Securities Transactions
| Title | Strike | Date | Type | Shares | Price | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3 | 2024-02-19 | M - Exercise | 18,556.9731 D | $0.00 | 2024-02-19 | 18,556.9731 Common Shares | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Option (Right to Buy)F4 Common Shares | 60,000 | $63.64 | 2028-08-03 |
| Option (Right to Buy) Common Shares | 15,000 | $66.31 | 2030-02-21 |
| Restricted Share UnitsF5F6F6 Common Shares | 3,039.2713 | ||
| Performance Share UnitsF7 Common Shares | 59,489.9963 | 2024-02-22 | |
| Performance Share UnitsF8 Common Shares | 28,879.4306 | 2025-02-21 | |
| Restricted Share UnitsF5F9F9 Common Shares | 1,854.5894 | ||
| Restricted Share UnitsF5F10F10 Common Shares | 6,015.3313 | ||
| Performance Share UnitsF11 Common Shares | 26,191.043 | 2025-02-25 | |
| Restricted Share UnitsF5F12F12 Common Shares | 6,877.8829 | ||
| Performance Share UnitsF13 Common Shares | 22,457.5721 | 2026-02-22 |
Footnotes (13)
- F1
- Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance share units. Show more
- F2
- The reported shares were sold in Canadian dollars at a price of CAD$103.36 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date. Show more
- F3
- The shares reported represent an award of performance based restricted share units ("2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2021 and to the extent earned will vest 100% on February 19, 2024. Show more
- F4
- These options are fully vested and exercisable. Show more
- F5
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F6
- These restricted share units vest on December 31, 2024. Show more
- F7
- The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs have a performance period ending December 31, 2021 and will vest on February 22, 2024, which is the fifth anniversary of the grant date. Show more
- F8
- 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
- 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
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 25, 2025. Show more
- F11
- 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, 2022 and to the extent earned will vest 100% 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
- F12
- These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
- F13
- 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
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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