QSR - Restaurant Brands International Inc.

Insider Sale by Kobza Joshua (CEO)

1 Month
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Trade Summary

5 days ago, Kobza Joshua, serving as CEO at Restaurant Brands International Inc. (QSR), sold 200,000 shares at $75.05 per share, for a total transaction value of $15,009,900.00. Following this transaction, Kobza Joshua now holds 960,769 shares of QSR.

This sale represents a 17.00% decrease in Kobza Joshua's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, March 18, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 18, 2026, meaning the disclosure happened on the same day as the trade.

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.

Kobza Joshua

CEO

Joshua Kobza is the Chief Executive Officer of Restaurant Brands International Inc. (RBI), a role he assumed in March 2023 after serving as Chief Operating Officer since January 2019.[[1]](https://www.restaurantdive.com/news/restaurant-brands-international-joshua-kobza-promoted-ceo/642693/)[[2]](https://www.zoominfo.com/p/Joshua-Kobza/3411904101)[[4]](https://www.rbi.com/English/about-us/board-of-directors/person-details/default.aspx?ItemId=18ddf149-8e5c-4d5a-b762-5c298fd580f8) With over 11 years at RBI, Kobza has held key leadership positions including Chief Financial Officer (2014-2018), Chief Technology Officer and Development Officer (2018-2019), and earlier roles at Burger King Worldwide such as Executive Vice President and CFO (2013-2014), Senior Vice President of Global Finance, and Director of Investor Relations starting in 2012.[[1]](https://www.restaurantdive.com/news/restaurant-brands-international-joshua-kobza-promoted-ceo/642693/)[[2]](https://www.zoominfo.com/p/Joshua-Kobza/3411904101)[[3]](https://www.nrn.com/quick-service/who-is-josh-kobza-the-incoming-ceo-of-burger-king-parent-rbi-) He played a pivotal role in major acquisitions including Tim Hortons in 2014, Popeyes in 2017, and Firehouse Subs in 2021, while overseeing strategy, technology, human resources, global procurement, supply chain, and international development.[[1]](https://www.restaurantdive.com/news/restaurant-brands-international-joshua-kobza-promoted-ceo/642693/)[[3]](https://www.nrn.com/quick-service/who-is-josh-kobza-the-incoming-ceo-of-burger-king-parent-rbi-) Prior to RBI, Kobza worked at SIP Capital, a Sao Paulo-based private investment firm, evaluating investments across industries and geographies, and as an analyst in the corporate private equity group at The Blackstone Group in New York City.[[2]](https://www.zoominfo.com/p/Joshua-Kobza/3411904101) As CEO, Kobza reports to Executive Chairman Patrick Doyle and focuses on empowering divisional leaders for greater autonomy, driving international growth, and initiatives like the Reclaim the Flame program at Burger King.[[1]](https://www.restaurantdive.com/news/restaurant-brands-international-joshua-kobza-promoted-ceo/642693/)[[3]](https://www.nrn.com/quick-service/who-is-josh-kobza-the-incoming-ceo-of-burger-king-parent-rbi-)

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Trade Price

$75.05

Quantity

200,000

Total Value

$15,009,900.00

Shares Owned

960,769

Trade Date

Wednesday, March 18, 2026

5 days ago

SEC Filing Date

Wednesday, March 18, 2026

CONSUMER CYCLICALRESTAURANTS

About Restaurant Brands International Inc.

Company Overview

No company information available
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