Friesner Jacqueline has demonstrated a clear selling bias in recent transactions involving Restaurant Brands International (QSR), with $2.74 million in total sales outweighing $105,004 in purchases across 33 reported trades. The most significant disposals occurred on March 16, 2026 ($2.24 million) and February 23, 2026 ($311,677), with smaller sales throughout December 2025 ranging from $31,608 to $53,204. The only notable acquisition was a $105,004 award transaction on February 25, 2026, while multiple other award filings showed no monetary value.
Activity has intensified in early 2026, with six sales in the first quarter alone accounting for the bulk of the disposition volume. The pattern shows consistent divestment since at least December 2025, with no offsetting buys during that period. All transactions relate exclusively to QSR, where Friesner holds a position described as "See Remarks" in SEC filings. The dollar-weighted selling momentum—particularly the seven-figure March 2026 transaction—suggests an ongoing reduction in exposure to the quick-service restaurant operator's stock. Award transactions appear to represent equity compensation components rather than discretionary purchases.
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