Axel Mr Schwan Sells $669K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 07, 2021
Open-Market Net Sale · SEC Form 4
−$668,788
Equity position changed by -20.9%
Equity Position
42.4K sh
53,519 → 42,350
Equity Change
-20.9%
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 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF6F7F7 | 2021-01-05 | A - Award/Grant | 78.0752 A | $0.00 | 78.0752 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F9F9 | 2021-01-05 | A - Award/Grant | 55.3836 A | $0.00 | 55.3836 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F11F11 | 2021-01-05 | A - Award/Grant | 50.0782 A | $0.00 | 50.0872 Common Shares | Direct | ||
| Dividend Equivalent RightsF6F13F13 | 2021-01-05 | A - Award/Grant | 24.5732 A | $0.00 | 24.5732 Common Shares | Direct | ||
| Dividend Equivalent RightsF15F16F16 | 2021-01-05 | A - Award/Grant | 362.0353 A | $0.00 | 362.0353 Common Shares | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Exchangeable UnitsF3F3F3 Common Shares | 2,539 | ||
| Option (right to buy) Common Shares | 40,000 | $33.67 | 2026-02-25 |
| Option (right to buy) 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 |
| Restricted Share UnitsF4F5F5 Common Shares | 8,013 | ||
| Restricted Share UnitsF4F8F8 Common Shares | 5,757 | ||
| Restricted Share UnitsF4F10F10 Common Shares | 5,372 | ||
| Restricted Share UnitsF4F12F12 Common Shares | 2,715 | ||
| Performance Share UnitsF14 Common Shares | 40,000 | 2025-02-21 |
Footnotes (16)
- 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
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F5
- These restricted share units vest on December 31, 2021. 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 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
- F8
- These restricted share units vest on December 31, 2022. Show more
- F9
- 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
- F10
- These restricted share units vest on December 31, 2023. Show more
- F11
- 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
- F12
- These restricted share units vest on December 31, 2024. Show more
- F13
- 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
- F14
- 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
- F15
- 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
- F16
- 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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