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Fulton Duncan's Form 4 filing

Restaurant Brands International Inc. (QSR) · filed Dec 17, 2025

Accession no.
0001908102-25-000006
Filed
Dec 17, 2025
Trade date
Dec 15, 2025
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $250.3K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Fulton DuncanCIK 0001908102Officer (Chief Corporate Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 15, 2025Common SharesMOption exerciseAcquired+2,434.31$0.00$038,649.47Direct
Dec 15, 2025Common SharesSSaleDisposed−1,303.09$70.89F2−$92,376.0537,346.38Direct
Dec 15, 2025Common SharesMOption exerciseAcquired+2,550.82$0.00$039,897.21Direct
Dec 15, 2025Common SharesSSaleDisposed−1,365.46$70.89F2−$96,797.4638,531.75Direct
Dec 15, 2025Common SharesMOption exerciseAcquired+1,610.47$0.00$040,142.22Direct
Dec 15, 2025Common SharesSSaleDisposed−862.09$70.89F2−$61,113.5639,280.14Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 15, 2025Common SharesMOption exerciseDisposed−2,434.31$0.00$02,434.31Direct
Dec 15, 2025Common SharesMOption exerciseDisposed−2,550.82$0.00$05,101.65Direct
Dec 15, 2025Common SharesMOption exerciseDisposed−1,610.47$0.00$04,832.45Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The reported shares were sold in Canadian dollars at a price of CAD$97.6222 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date.

Referenced by the price of 3 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)