Joshua Kobza Sells $9.51M of Restaurant Brands International Inc (QSR) — SEC Form 4, Mar 02, 2021
Open-Market Net Sale · SEC Form 4
−$9,506,123
Equity position changed by +86.9%
Equity Position
527K sh
281,781 → 526,717
Equity Change
+86.9%
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 |
|---|---|
| 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
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 |
| Option (right to buy) Common Shares | 200,000 | $56.92 | 2027-05-04 |
| Restricted Share UnitsF6F7F7 Common Shares | 22,579.4027 | ||
| Restricted Share UnitsF6F8F8 Common Shares | 18,965.1669 | ||
| Restricted Share UnitsF6F9F9 Common Shares | 14,298.327 | ||
| Restricted Share UnitsF6F11F11 Common Shares | 15,073.1873 | ||
| Restricted Share UnitsF13F14F14 Common Shares | 41,250 | ||
| Restricted Share UnitsF13F15F15 Common Shares | 19,591 | ||
| Performance Share UnitsF10 Common Shares | 241,652.7885 | 2024-02-22 | |
| Performance Share UnitsF12 Common Shares | 208,553.2662 | 2025-02-21 | |
| Performance Share UnitsF16 Common Shares | 83,750 | 2024-02-19 |
Footnotes (16)
- F1
- On February 26, 2021, 402,557.0486 of the Reporting Person's performance based restricted share units vested. Show more
- F2
- Represents shares sold to cover withholding tax obligations on the settlement of the reported vesting of the Reporting Person's performance based 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 restricted share unit represents a contingent right to receive one common share. Show more
- F7
- These restricted share units vest on December 31, 2021. Show more
- F8
- These restricted share units vest on December 31, 2022. Show more
- F9
- These restricted share units vest on December 31, 2023. Show more
- F10
- 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 on February 21, 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 decrease based on the results of the performance condition. Show more
- F11
- These restricted share units vest on December 31, 2024. Show more
- F12
- 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 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 decrease based on the results of the performance condition. Show more
- F13
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F14
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
- F15
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
- F16
- 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, 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
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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