February 28, 2025 · Form 4 insider transaction
KLEIN JEFFREY W bought 1,861 shares of Restaurant Brands International Inc. at $65.19 per share, a transaction worth $121.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The shares reported represent common shares purchased from the Issuer by the Reporting Person upon exercise of his investment rights pursuant to the Issuer's 2024 Bonus Swap Program under its 2023 Omnibus Incentive Plan ("2023 Plan"). The Reporting Person elected to use 50% of his 2024 net bonus to purchase common shares at a purchase price of $65.19 per share ("Investment Shares").; Pursuant to the Issuer's 2023 Plan, the purchase price of the Investment Shares is calculated based on the last sales price of a common share of the Issuer on the New York Stock Exchange on the trading day immediately preceding the grant date, in this case February 27, 2025.