Form 4: Restaurant Brands International Director Reports Share Transactions

Maximilien de Limburg Stirum, a director at Restaurant Brands International, reports acquisition and disposal of common shares and holdings in derivative securities.

Summary

• On December 31, 2024, Maximilien de Limburg Stirum, a director of Restaurant Brands International Inc. (QSR), reported transactions involving the company's securities.
• The report details the acquisition of 2,156 common shares and the disposal of 8,768 common shares.
• Following these transactions, de Limburg Stirum directly owns 8,768 common shares.
• The director also holds options to buy 17,934 common shares at an exercise price of $55.76, exercisable from June 15, 2025, to June 14, 2030.
• The acquisition of 2,156 shares represents restricted share units that are earned and vested upon grant and that settle following termination of board service.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing share transactions by a company director. There's no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure of insider transactions, which are closely monitored by regulators and investors for insights into management's perspective on the company's prospects.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates