QSR- Restaurant Brands International Inc.

Trade Summary

6 days ago, Schwan Axel, serving as Pres., Tim Hortons US & Canada at Restaurant Brands International Inc. (QSR), sold 57,574 shares at $81.14 per share, for a total transaction value of $4,671,715.57. Following this transaction, Schwan Axel now holds 209,908 shares of QSR.

This sale represents a 21.52% decrease in Schwan Axel's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, September 4, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, September 9, 2026 at 5:02 PM ET, 5 days 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.