Trade Summary

6 days ago, Santelmo Thiago T, serving as Pres, International at Restaurant Brands International Inc. (QSR), sold 10,000 shares at $75.41 per share, for a total transaction value of $754,147.00. Following this transaction, Santelmo Thiago T now holds 78,560 shares of QSR.

This sale represents a 11.00% 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 Tuesday, March 17, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 18, 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.