Peter Perdue, President of Popeyes-US & Canada, has demonstrated a clear selling bias in his recent transactions involving Restaurant Brands International (QSR), the parent company of Popeyes. According to SEC Form 4 filings, Perdue has executed 38 trades exclusively in QSR, with total sales amounting to $706,165.54 compared to just $49,612.01 in purchases. His most recent activity includes four sales, the largest being two transactions on February 23, 2026, each valued at $262,082.78, followed by earlier sales on January 7, 2026, totaling $53,366.06. The only recent buy, recorded on February 25, 2026, was a modest $49,612.01 acquisition.
The pattern suggests a consistent reduction in Perdue’s QSR holdings, with no purchases outside of the February 2026 transaction. The majority of his filings appear to involve stock awards (coded "A") with no reported value, while his sales (coded "S") represent the bulk of his monetized activity. Given his role overseeing Popeyes' North American operations, the transactions reflect a net divestment trend, though the reasons remain undisclosed in regulatory filings. The absence of buys beyond a single instance reinforces a disposition toward reducing exposure to QSR stock over the observed period.
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