Peter Perdue Sells $262K of Restaurant Brands International Inc (QSR) — SEC Form 4, Feb 24, 2026

Open-Market Net Sale · SEC Form 4
−$262,074

Equity position changed by +14.5%

Reporting Owner
President
TXN 2026-02-23 · FILED 2026-02-24
Equity Position 46.8K sh 40,879 → 46,787
Equity Change +14.5% shares held after vs before
Filing Lag 1 business day within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2026-02-24
Report Date
2026-02-24
Accession No.
0002096961-26-000009
Accepted At
2026-02-24 23:29 UTC
Reporting Owner
Name Relationship
Peter Perdue CIK 0002096961
President
Peter Perdue at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $352,924
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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 SharesF1 2026-02-22 M - Exercise 9,790.4771 A $0.00 — 46,787.8448 Direct
Common SharesF2 2026-02-23 S - Sale 3,882.1327 D $67.51 -$262,083 42,905.7121 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Performance Share UnitsF6 2026-02-22 M - Exercise 12,238.0964 D $0.00 2026-02-22 12,238.0964 Common Shares Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Option (Right to Buy)F3 Common Shares 10,000 $64.75 2029-02-21
Option (Right to Buy)F3 Common Shares 12,000 $66.31 2030-02-20
Restricted Share UnitsF4F5F5 Common Shares 498.5892
Restricted Share UnitsF4F7F7 Common Shares 2,165.698
Performance Share UnitsF8 Common Shares 12,083.3302 2027-03-15
Restricted Share UnitsF4F9F9 Common Shares 2,235.9311
Performance Share UnitsF10 Common Shares 13,521.3679 2028-03-15
Footnotes (10)
F1
The 2023 PBRSUs vested at 80% of target based on the results of the performance condition. Show more
F2
Represents shares sold to cover withholding tax obligations on the settlement of the vesting of the Reporting Person's performance based 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
These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026. Show more
F6
The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs had a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned vested on February 22, 2026. The 2023 PBRSUs vested at 80% of target. Show more
F7
These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027. Show more
F8
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
F9
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
F10
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 on 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
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