Axel Schwan Sells $147K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 08, 2026
Open-Market Net Sale · SEC Form 4
−$147,424
Equity position changed by -1.3%
Equity Position
165K sh
166,803 → 164,653
Equity Change
-1.3%
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 Schwan CIK 0001594977 |
Officer
|
Axel 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4F5F6F6 | 2026-01-06 | A - Award/Grant | 39.8981 A | $0.00 | 39.8981 Common Shares | Direct | ||
| Restricted Share UnitsF4F5F9F9 | 2026-01-06 | A - Award/Grant | 65.8867 A | $0.00 | 65.8867 Common Shares | Direct | ||
| Restricted Share UnitsF4F5F11F11 | 2026-01-06 | A - Award/Grant | 86.4919 A | $0.00 | 86.4919 Common Shares | Direct | ||
| Performance Share UnitsF7F8 | 2026-01-06 | A - Award/Grant | 750.9521 A | $0.00 | 2026-02-22 | 750.9521 Common Shares | Direct | |
| Performance Share UnitsF10F8 | 2026-01-06 | A - Award/Grant | 523.3849 A | $0.00 | 2027-03-15 | 523.3849 Common Shares | Direct | |
| Performance Share UnitsF12F8 | 2026-01-06 | A - Award/Grant | 585.7031 A | $0.00 | 2028-03-15 | 585.7031 Common Shares | Direct |
Footnotes (12)
- 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
- These options are fully vested and exercisable. Show more
- F4
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F5
- 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
- F6
- These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026. Show more
- F7
- 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
- F8
- 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
- F9
- These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027. Show more
- F10
- The shares reported represent an award of performance based restricted share units ("2024 PBRSUs") granted to the Reporting Person. The 2024 PBRSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. 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 annual installments. The remaining vestings will occur on December 15, 2026, December 15, 2027 and December 15, 2028. Show more
- F12
- The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs will have a performance period beginning February 28, 2025 and ending February 28, 2028 and to the extent earned will vest on March 15, 2028. 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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