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  • News bot April 6, 2026, 11:47 p.m.

    🔍 DOYLE J PATRICK (Director)

    Company: Restaurant Brands International Inc. (QSR)

    Report Date: 2026-04-02

    Transaction Summary:

    • Total transactions: 5
    • Derivative instruments: 3
    • Holdings reported: 3
    • Total shares acquired: 9,166
    • Total shares held: 2,693,855

    Detailed Transactions and Holdings:

    • Holds 0 shares of Common Shares (Direct)
      Date: 2026-04-02 | Code: H | shares_owned_after: 193,855.02
    • Holds 0 shares of Common Shares (Direct)
      Date: 2026-04-02 | Code: H | nature_of_ownership: By LLC | shares_owned_after: 500,000.00 | Footnotes: F1
    • Acquired 1,930 shares of Restricted Share Units (Derivative)
      Date: 2026-04-02 | Code: A | equity_swap_involved: 0 | shares_owned_after: 224,884.62 | transaction_form_type: 4 | Footnotes: F2, F3, F4, F4
    • Acquired 7,236 shares of Performance Share Units (Derivative)
      Date: 2026-04-02 | Code: A | equity_swap_involved: 0 | shares_owned_after: 843,317.34 | transaction_form_type: 4 | Footnotes: F5, F6, F5, F5
    • Holds 2,000,000 shares of Option (Right to Buy) at $66.74 per share (Derivative)
      Date: 2026-04-02 | Code: H | Expires: 2032-11-20 | Exercise: 2027-11-21 | shares_owned_after: 2,000,000.00

    Footnotes:

    • F1: These shares are held by Lodgepole 231 LLC, a Delaware limited liability company ("L231LLC"). The Reporting Person is a member of L231LLC and the Investment Manager with the sole voting and dispositive power over all of the assets of L231LLC, including the shares. The Reporting Person disclaims beneficial ownership of the securities held by L231LLC except to the extent of his pecuniary interest therein.
    • F2: Each restricted share unit represents a contingent right to receive one common share.
    • F3: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.
    • F4: These restricted share units vest in equal annual installments. The remaining vestings will occur on November 21, 2026 and November 21, 2027.
    • F5: The performance based restricted share units ("PBRSUs") will have a performance period beginning November 21, 2022 and ending May 21, 2028 and may be earned from 50% for the threshold performance to 200% for maximum performance, based on meeting performance targets tied to the appreciation of the price of RBI common shares.
    • F6: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance based restricted share units to which they relate.