Joshua Kobza Sells $719K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 07, 2021
Open-Market Net Sale · SEC Form 4
−$719,072
Equity position changed by -9.2%
Equity Position
118K sh
130,217 → 118,283
Equity Change
-9.2%
shares held after vs before
Filing Lag
2 business days
within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Reporting Owner
| Name | Relationship |
|---|---|
| Joshua Kobza CIK 0001574771 |
COO
|
Joshua Kobza at Restaurant Brands International Inc
Full insider history
Bought (12 mo)
—
Sold (12 mo)
$17,048,276
More from this insider at Restaurant Brands International Inc
| 2026-10-06 | Award | — | View |
| 2026-07-09 | Award | — | View |
| 2026-04-06 | Award | — | View |
| 2026-03-18 | Sell | -$15,009,900 | View |
| 2026-02-27 | Award | — | View |
Non-Derivative Securities Transactions
Derivative Securities Transactions
| Title | Strike | Date | Type | Shares | Price | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF6F7F7 | 2021-01-05 | A - Award/Grant | 3,494.0689 A | $0.00 | 3,494.0689 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F10F10 | 2021-01-05 | A - Award/Grant | 195.9821 A | $0.00 | 195.9821 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F19F19 | 2021-01-05 | A - Award/Grant | 130.8305 A | $0.00 | 130.8305 Common Shares | Direct | ||
| Dividend Equivalent RightsF16F21F21 | 2021-01-05 | A - Award/Grant | 1,810.1769 A | $0.00 | 1,810.1769 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F12F12 | 2021-01-05 | A - Award/Grant | 164.6117 A | $0.00 | 164.6117 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F14F14 | 2021-01-05 | A - Award/Grant | 124.105 A | $0.00 | 124.105 Common Shares | Direct | ||
| Dividend Equivalent RightsF16F17F17 | 2021-01-05 | A - Award/Grant | 2,097.4704 A | $0.00 | 2,097.4704 Common Shares | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Exchangeable unitsF3F3F3F3 Common Shares | 5,413 | ||
| Option (right to buy)F4 Common Shares | 35,494 | $42.26 | 2025-03-05 |
| Option (right to buy)F4 Common Shares | 300,000 | $42.26 | 2025-03-05 |
| Performance Share UnitsF5 Common Shares | 353,500 | 2021-02-26 | |
| Option (right to buy) Common Shares | 200,000 | $56.92 | 2027-05-04 |
| Performance Share UnitsF15 Common Shares | 225,000 | 2024-02-22 | |
| Performance Share UnitsF20 Common Shares | 200,000 | 2025-02-21 | |
| Restricted Share UnitsF8F9F9 Common Shares | 20,114 | ||
| Restricted Share UnitsF8F11F11 Common Shares | 17,111 | ||
| Restricted Share UnitsF8F13F13 Common Shares | 13,313 | ||
| Restricted Share UnitsF8F18F18 Common Shares | 14,455 |
Footnotes (21)
- 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 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. Show more
- F4
- These options are immediately exerciseable. Show more
- F5
- The shares reported represent an award of performance based restricted share units (the "2016 PBRSUs") granted to the Reporting Person. The 2016 PBRSUs had a three-year performance period beginning January 1, 2015 and ending December 31, 2018 and will vest 100% on February 26, 2021, which is the fifth anniversary of the grant date. Show more
- F6
- Each whole dividend equivalent right represents a contingent right to receive one common share. Show more
- F7
- These dividend equivalent rights accrued on the 2016 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2016 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2016 PBRSUs to which they relate. Show more
- F8
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F9
- These restricted share units vest on December 31, 2021. Show more
- F10
- These dividend equivalent rights accrued on the 2017 restricted share unit award (the "2017 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2017 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2017 RSUs to which they relate. Show more
- F11
- These restricted share units vest on December 31, 2022. Show more
- F12
- These dividend equivalent rights accrued on the 2018 restricted share unit award (the "2018 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2018 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2018 RSUs to which they relate. Show more
- F13
- These restricted share units vest on December 31, 2023. Show more
- F14
- These dividend equivalent rights accrued on the 2019 restricted share unit award (the "2019 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2019 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2019 RSUs to which they relate. Show more
- F15
- The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest 100% on February 22, 2024, which is the fifth anniversary of the grant date. 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 Issuer performance condition. Show more
- F16
- Each whole dividend equivalent right represents a contingent right to receive one common share, subject to increase or decrease based on the results of the Issuer performance condition. Show more
- F17
- These dividend equivalent rights accrued on the 2019 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2019 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2019 PBRSUs to which they relate. Show more
- F18
- These restricted share units vest on December 31, 2024. Show more
- F19
- These dividend equivalent rights accrued on the 2020 restricted share unit award (the "2020 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2020 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2020 RSUs to which they relate. Show more
- F20
- The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest 100% on February 21, 2025, which is the fifth anniversary of the grant date. 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
- F21
- These dividend equivalent rights accrued on the 2020 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2020 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2020 PBRSUs to which they relate. 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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