Joshua Kobza Sells $4.68M of Restaurant Brands International Inc (QSR) — SEC Form 4, Feb 27, 2025
Open-Market Net Sale · SEC Form 4
−$4,681,649
Equity position changed by +12.2%
Equity Position
1.03M sh
921,298 → 1,034,014
Equity Change
+12.2%
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 |
CEO
|
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 |
|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF7 | 2025-02-25 | M - Exercise | 136,588.8177 D | $0.00 | 2025-02-25 | 136,588.8177 Common Shares | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Exchangeable UnitsF3F3F3F3 Common Shares | 5,413 | ||
| Option (Right to Buy)F4 Common Shares | 200,000 | $56.92 | 2027-05-04 |
| Restricted Share UnitsF5F6F6 Common Shares | 8,468.1317 | ||
| Restricted Share UnitsF5F8F8 Common Shares | 13,813.2086 | ||
| Restricted Share UnitsF5F10F10 Common Shares | 23,761.5202 | ||
| Performance Share UnitsF9 Common Shares | 319,799.5518 | 2028-05-21 | |
| Performance Share UnitsF11 Common Shares | 123,369.5729 | 2027-03-15 |
Footnotes (11)
- F1
- The 2022 PBRSUs vested at 135.76% of target based on the results of the performance condition. Show more
- F2
- Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance 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 fully vested and exercisable. Show more
- F5
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F6
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
- F7
- 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, 2022 and to the extent earned will vest 100% 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
- F8
- These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
- F9
- 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 February 22, 2023 and ending May 21, 2028 and to the extent earned will vest on May 28, 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
- F10
- These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027. Show more
- F11
- 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
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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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