Axel Mr Schwan Sells $274K of Restaurant Brands International Inc (QSR) — SEC Form 4, Dec 17, 2024
Open-Market Net Sale · SEC Form 4
−$274,283
Equity position changed by +3.5%
Equity Position
103K sh
99,310 → 102,825
Equity Change
+3.5%
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 Shares | 2024-12-15 | M - Exercise | 4,143.1265 A | $0.00 | — | 101,622.3248 | Direct |
| Common Shares | 2024-12-15 | M - Exercise | 3,420.9218 A | $0.00 | — | 102,825.431 | Direct |
| Common SharesF1 | 2024-12-16 | S - Sale | 2,217.8156 D | $67.76 | -$150,275 | 99,404.5092 | Direct |
| Common SharesF1 | 2024-12-16 | S - Sale | 1,831.2194 D | $67.76 | -$124,080 | 100,994.2116 | Direct |
Derivative Securities Transactions
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Option (Right to Buy)F2 Common Shares | 40,000 | $58.44 | 2028-02-22 |
| Option (Right to Buy)F2 Common Shares | 30,000 | $64.75 | 2029-02-21 |
| Option (Right to Buy) Common Shares | 56,000 | $66.31 | 2030-02-20 |
| Restricted Share UnitsF3F4F4 Common Shares | 3,212.6367 | ||
| Restricted Share UnitsF3F6F6 Common Shares | 2,226.4031 | ||
| Restricted Share UnitsF3F7F7 Common Shares | 7,631.3914 | ||
| Performance Share UnitsF5 Common Shares | 47,331.6648 | 2025-02-21 | |
| Performance Share UnitsF8 Common Shares | 43,324.3042 | 2025-02-25 | |
| Performance Share UnitsF10 Common Shares | 77,980.8047 | 2026-02-22 | |
| Performance Share UnitsF12 Common Shares | 54,349.6385 | 2027-03-15 |
Footnotes (12)
- F1
- Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's restricted share units. Show more
- F2
- These options are fully vested and exercisable. Show more
- F3
- Each restricted share unit represents a contingent right to receive one common share. 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, December 31, 2023 and December 31, 2024. Show more
- F7
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
- F8
- 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
- F9
- These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
- F10
- 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
- F11
- These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027. Show more
- F12
- The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs 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
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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