Schwan Axel bought QSR
February 25, 2026 · Form 4 insider transaction
Schwan Axel bought 88,649 shares of Restaurant Brands International Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
88,649
Price
$0.00
Total value
N/A
InsiderSchwan Axel
Role—
SecurityPerformance Share Units
Transaction codeA: Grant or award
Transaction dateFebruary 25, 2026
Filing dateFebruary 27, 2026
Shares owned after88,649
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The shares reported represent an award of performance based restricted share units ("2026 PBRSUs") granted to the Reporting Person. The 2026 PBRSUs will have a performance period beginning February 25, 2026 and ending February 25, 2029 and to the extent earned will vest on March 15, 2029. 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.