Axel Mr Schwan Sells $2.42M of Restaurant Brands International Inc (QSR) — SEC Form 4, May 08, 2023
Open-Market Net Sale · SEC Form 4
−$2,422,500
Equity position changed by -24.2%
Equity Position
106K sh
140,304 → 106,304
Equity Change
-24.2%
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 |
|---|---|
| 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
| Title | Date | Type | Shares | Price | Net Total | Post-Txn | Ownership |
|---|---|---|---|---|---|---|---|
| Common SharesF1 | 2023-05-05 | S - Sale | 34,000 D | $71.25 | -$2,422,500 | 106,304.5726 | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| 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 |
| Restricted Share UnitsF2F3F3 Common Shares | 6,247.5827 | ||
| Option (right to buy) Common Shares | 56,000 | $66.31 | 2030-02-20 |
| Restricted Share UnitsF2F4F4 Common Shares | 3,065.6569 | ||
| Performance Share UnitsF5 Common Shares | 45,166.2163 | 2025-02-21 | |
| Restricted Share UnitsF2F6F6 Common Shares | 4,764.5226 | ||
| Restricted Share UnitsF2F7F7 Common Shares | 4,249.0879 | ||
| Performance Share UnitsF8 Common Shares | 29,020.2743 | 2024-02-19 | |
| Restricted Share UnitsF2F9F9 Common Shares | 10,923.3769 | ||
| Restricted Share UnitsF2F11F11 Common Shares | 15,816.3218 | ||
| Performance Share UnitsF10 Common Shares | 41,342.1946 | 2025-02-25 | |
| Performance Share UnitsF12 Common Shares | 74,413.142 | 2026-02-22 |
Footnotes (12)
- F1
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $71.25 to $71.28 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each price. Show more
- F2
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F3
- These restricted share units vest on December 31, 2023. Show more
- F4
- These restricted share units vest on December 31, 2024. Show more
- F5
- 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
- F6
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
- F7
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
- F8
- 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
- F9
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
- F10
- 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
- F11
- These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
- F12
- 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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