QSR - Restaurant Brands International Inc.

Insider Sale by Santelmo Thiago T (Pres, International)

1 Month
After Trade
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Trade Summary

4 days ago, Santelmo Thiago T, serving as Pres, International at Restaurant Brands International Inc. (QSR), sold 5,686 shares at $67.51 per share, for a total transaction value of $383,883.00. Following this transaction, Santelmo Thiago T now holds 74,067 shares of QSR.

This sale represents a 7.00% decrease in Santelmo Thiago T's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, February 23, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, February 24, 2026, 1 day after the trade was made.

Restaurant Brands International Inc. operates in the CONSUMER CYCLICAL sector, specifically within the RESTAURANTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Santelmo Thiago T

Pres, International

Thiago T. Santelmo is the President, International at Restaurant Brands International Inc. (QSR), a role he assumed in March 2024.[[3]](https://www.rbi.com/English/about-us/board-of-directors/person-details/default.aspx?ItemId=65fe0dfe-36a4-436b-9ee6-daacca1682ee)[[2]](https://sa.marketscreener.com/insider/THIAGO-SANTELMO-A2JJ91/)[[9]](https://www.rbi.com/English/about-us/rbi-corporate-leaders/default.aspx) He oversees the company's international operations, including brands like Burger King, Tim Hortons, and Popeyes.[[1]](https://www.marketbeat.com/instant-alerts/thiago-santelmo-sells-699-shares-of-restaurant-brands-international-nyseqsr-stock-2026-01-08/)[[3]](https://www.rbi.com/English/about-us/board-of-directors/person-details/default.aspx?ItemId=65fe0dfe-36a4-436b-9ee6-daacca1682ee) Santelmo joined RBI in 2013, progressing through key positions such as Head of Finance & Business Development for EMEA, President of Latin America and Caribbean, and President, EMEA starting in February 2022.[[3]](https://www.rbi.com/English/about-us/board-of-directors/person-details/default.aspx?ItemId=65fe0dfe-36a4-436b-9ee6-daacca1682ee) Before RBI, he worked at McKinsey & Company and holds an MBA from Harvard Business School.[[3]](https://www.rbi.com/English/about-us/board-of-directors/person-details/default.aspx?ItemId=65fe0dfe-36a4-436b-9ee6-daacca1682ee) Based in RBI’s Switzerland office, he recently sold 699 shares on January 7, 2026, to cover taxes, retaining 64,088 shares valued at approximately $4.3 million.[[1]](https://www.marketbeat.com/instant-alerts/thiago-santelmo-sells-699-shares-of-restaurant-brands-international-nyseqsr-stock-2026-01-08/)[[4]](https://www.gurufocus.com/insider/264809/thiago-t-santelmo)[[6]](https://www.stocktitan.net/sec-filings/QSR/form-4-restaurant-brands-international-inc-insider-trading-activity-72ce390f8f03.html)

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Trade Price

$67.51

Quantity

5,686

Total Value

$383,883.00

Shares Owned

74,067

Trade Date

Monday, February 23, 2026

4 days ago

SEC Filing Date

Tuesday, February 24, 2026

Filed 1 day after trade

CONSUMER CYCLICALRESTAURANTS

About Restaurant Brands International Inc.

Company Overview

No company information available
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