Joshua Kobza Sells $1.24M of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 06, 2023
Open-Market Net Sale · SEC Form 4
−$1,240,898
Equity position changed by -4.7%
Equity Position
377K sh
395,999 → 377,321
Equity Change
-4.7%
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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF5F6F7F7 | 2023-01-04 | A - Award/Grant | 127.4888 A | $0.00 | 127.4888 Common Shares | Direct | ||
| Restricted Share UnitsF5F6F10F10 | 2023-01-04 | A - Award/Grant | 134.3977 A | $0.00 | 134.3977 Common Shares | Direct | ||
| Restricted Share UnitsF12F6F13F13 | 2023-01-04 | A - Award/Grant | 122.5997 A | $0.00 | 122.5997 Common Shares | Direct | ||
| Restricted Share UnitsF12F6F14F14 | 2023-01-04 | A - Award/Grant | 87.3356 A | $0.00 | 87.3356 Common Shares | Direct | ||
| Restricted Share UnitsF12F6F16F16 | 2023-01-04 | A - Award/Grant | 197.872 A | $0.00 | 197.872 Common Shares | Direct | ||
| Performance Share UnitsF8F9 | 2023-01-04 | A - Award/Grant | 2,154.6586 A | $0.00 | 2024-02-22 | 2,154.6586 Common Shares | Direct | |
| Performance Share UnitsF11F9 | 2023-01-04 | A - Award/Grant | 1,859.532 A | $0.00 | 2025-02-21 | 1,859.532 Common Shares | Direct | |
| Performance Share UnitsF15F9 | 2023-01-04 | A - Award/Grant | 746.7436 A | $0.00 | 2024-02-19 | 746.7436 Common Shares | Direct | |
| Performance Share UnitsF17F9 | 2023-01-04 | A - Award/Grant | 1,063.8289 A | $0.00 | 2022-02-25 | 1,063.8289 Common Shares | Direct |
Footnotes (17)
- 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
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F6
- 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
- F7
- These restricted share units vest on December 31, 2023. Show more
- F8
- 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 21, 2024, which is the fifth anniversary of the grant date. Show more
- F9
- 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 based restricted share units to which they relate. Show more
- F10
- These restricted share units vest on December 31, 2024. Show more
- F11
- 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
- F12
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F13
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
- F14
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
- F15
- 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
- F16
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
- F17
- 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
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
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- Royal Bank Of Canada $1.47B
5%+ Holders · 13D/G
4 filers
Other insiders at Restaurant Brands International Inc
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