Thomas Benjamin Curtis Sells $544K of Restaurant Brands International Inc (QSR) — SEC Form 4, Dec 17, 2025

Open-Market Net Sale · SEC Form 4
−$543,628

Equity position changed by +1.3%

Reporting Owner
TXN 2025-12-17 · FILED 2025-12-17
Equity Position 80.2K sh 79,096 → 80,155
Equity Change +1.3% shares held after vs before
Filing Lag 0 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2025-12-17
Report Date
2025-12-17
Accession No.
0001804729-25-000007
Accepted At
2025-12-17 22:55 UTC
Reporting Owner
Name Relationship
Thomas Benjamin Curtis CIK 0001804729
Officer
Thomas Benjamin Curtis at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $6,828,977
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All filings by this insider at Restaurant Brands International Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common Shares 2025-12-15 M - Exercise 2,488.6207 A $0.00 — 76,386.2523 Direct
Common SharesF1 2025-12-15 S - Sale 979.2722 D $70.87 -$69,404 75,406.9801 Direct
Common Shares 2025-12-15 M - Exercise 3,855.1559 A $0.00 — 79,262.136 Direct
Common SharesF1 2025-12-15 S - Sale 1,517.0038 D $70.87 -$107,515 77,745.1322 Direct
Common Shares 2025-12-15 M - Exercise 2,410.5813 A $0.00 — 80,155.7135 Direct
Common SharesF1 2025-12-15 S - Sale 948.5637 D $70.87 -$67,228 79,207.1498 Direct
Common Shares 2025-12-17 S - Sale 4,250 D $70.48 -$299,540 74,957.1498 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF2F6F6 2025-12-15 M - Exercise 3,855.1559 D $0.00 3,855.1559 Common Shares Direct
Restricted Share UnitsF2F8F8 2025-12-15 M - Exercise 2,410.5813 D $0.00 2,410.5813 Common Shares Direct
Restricted Share UnitsF2F4F4 2025-12-15 M - Exercise 2,488.6207 D $0.00 2,488.6207 Common Shares Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Restricted Share UnitsF2F3F3 Common Shares 2,599.7968
Performance Share UnitsF5 Common Shares 48,501.8145 2026-02-22
Performance Share UnitsF7 Common Shares 63,382.3309 2027-03-15
Performance Share UnitsF9 Common Shares 63,048.1069 2028-03-15
Footnotes (9)
F1
Represents shares sold to cover withholding tax obligations on the settlement of the reported vesting of the Reporting Person's restricted share units. Show more
F2
Each restricted share unit represents a contingent right to receive one common share. Show more
F3
These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025. Show more
F4
These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026. Show more
F5
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
F6
These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027. Show more
F7
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
F8
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
F9
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
5%+ Holders · 13D/G 4 filers
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