Restaurant Brands International QSR Insider Ownership

NYSE QSR

$74.18 +1.77 (+2.44%)

As of: Oct 15, 2026 · 3:34 PM EDT

Insider Holdings by Owner

3.33Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

1.27%

▼-0.015% pp QoQ

Shares Held by Insiders

4.44Mn

filed for Sep 2026

▼-1.15% QoQ

Shares Outstanding

349.21Mn

349,205,651 shares

Direct Holdings

2.50Mn

Indirect: 1.94Mn

Net Shares Traded (QoQ)

-51.57K

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Across the past 12 months, open-market trades by Restaurant Brands International insiders were all sales, totaling $55.74 million (753.35K shares).

By number of insiders, Restaurant Brands International saw 12 insiders sell on the open market over the past 12 months and none buy.
The largest open-market sales of QSR in the past 12 months were by Joshua Kobza (Chief Executive Officer), totaling $17.05 million (228.92K shares), most recently on March 18, 2026.
Restaurant Brands International's latest insider trade on the open market was a sale of 57.57K shares for $4.67 million by Axel Schwan (President, Tim Hortons US & Canada) on September 4, 2026.
Outside the open market, Restaurant Brands International insiders received 48.77K shares in stock awards, acquired 18.53Mn shares through option exercises and conversions and gave away 19.33K shares as gifts over the past 12 months.
Business Quant data shows Restaurant Brands International insiders holding 4.44Mn shares in total in their latest Form 4 filings, down 1.15% from 4.49Mn shares at the end of Q2 2026 and down 4.00% from 4.62Mn shares at the end of Q3 2025.
Of the 4.44Mn shares held by Restaurant Brands International insiders, 2.5Mn shares (56.31%) are held directly and 1.94Mn shares (43.69%) indirectly, through trusts, partnerships, family members and other entities.
The insider holdings in Restaurant Brands International belong to 21 insiders who have reported on Form 4 within the past two years.
Restaurant Brands International's top three insider holders by shares held are Daniel S. Schwartz (Director, 1.4Mn shares), Joshua Kobza (Chief Executive Officer, 960.77K shares) and Jill Granat (Officer, 479.85K shares).
Daniel S. Schwartz holds 31.47% of the combined insider position in Restaurant Brands International.
Institutions accounted for 92.23% of QSR's outstanding shares in Q2 2026, insiders about 1.27% per their latest Form 4 filings, and other investors, including the public, about 6.50%.
A total of 108 Form 4 filings with transactions in Restaurant Brands International stock were made over the past 12 months, by 22 insiders.
These insider figures for Restaurant Brands International are based on Form 4 filings through October 6, 2026.

Form 4 Holdings

Insiders Holding QSR

Insiders 30

Shares held 3.33Mn

Of outstanding 0.954%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Joshua Kobza	Chief Executive Officer	960,769	960,769	28.8%	18 Mar, 2026
2	Jill Granat	Officer	478,845	478,845	14.4%	18 Mar, 2026
3	David Chan Shear	President, International	245,603	245,603	7.4%	26 Feb, 2024
4	Axel Schwan	Pres., Tim Hortons Us Canada	209,908	209,908	6.3%	09 Sep, 2026
5	J Patrick Doyle	Executive Chairman	193,855	193,855	5.8%	25 Nov, 2025
6	Jose E. Cil	Chief Executive Officer	187,414	187,414	5.6%	24 Feb, 2023
7	Jacqueline Friesner	Officer	165,727	165,727	5.0%	18 Mar, 2026
8	Jeffrey Housman	Chief People Services	162,077	162,077	4.9%	20 Mar, 2026
9	Carlos Alberto Sicupira	Director	142,642	142,642	4.3%	04 Jan, 2022
10	Matthew Dunnigan	Cfo	132,076	132,076	4.0%	26 Feb, 2024
11	Thiago T Santelmo	President, International	78,560	78,560	2.4%	18 Mar, 2026
12	Paul J Fribourg	Director	68,636	68,636	2.1%	04 Jan, 2023
13	Duncan Fulton	Chief Corporate Officer	51,217	51,217	1.5%	27 Feb, 2026
14	Peter Perdue	President, Popeyes Us Canada	43,627	43,627	1.3%	27 Feb, 2026
15	Thomas Benjamin Curtis	Pres., Bk Us Ca	38,216	38,216	1.1%	25 Aug, 2026
16	Neil Golden	Director	27,998	27,998	0.8%	04 Jan, 2023
17	Ali Hedayat	Director	21,871	21,871	0.7%	05 Jan, 2026
18	Jeffrey W Klein	President, Popeyes Us Canada	20,763	20,763	0.6%	04 Mar, 2025
19	Golnar Khosrowshahi	Director	15,158	15,158	0.5%	04 Jan, 2023
20	Daniel S Schwartz	Executive Chairman	12,279	12,279	0.4%	05 Jan, 2026
21	Sami A. Siddiqui	Chief Financial Officer	12,139	12,139	0.4%	17 Mar, 2026
22	Limburg Stirum Maximilien De	Director	10,804	10,804	0.3%	05 Jan, 2026
23	Jason Melbourne	Director	10,568	10,568	0.3%	05 Jan, 2026
24	Thecla Sweeney	Director	7,649	7,649	0.2%	05 Jan, 2026
25	Joao M. Castro-Neves	Director	7,423	7,423	0.2%	04 Jan, 2023
26	John F. Prato	Director	7,083	7,083	0.2%	04 Jan, 2023
27	Marc Lemann	Director	6,708	6,708	0.2%	05 Jan, 2026
28	Cristina Farjallat	Director	5,029	5,029	0.2%	05 Jan, 2026
29	Jordana Fribourg	Director	4,025	4,025	0.1%	05 Jan, 2026
30	Alexandre Behring	Director	2,036	2,036	0.1%	05 Jan, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

4,544 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
02 Oct, 2026	Thomas Benjamin Curtis	Pres., Bk Us Ca	Acquired A	24	$0.00	$0	2,579	Direct
02 Oct, 2026	Joshua Kobza	Chief Executive Officer	Acquired A	68	$0.00	$0	7,357	Direct
02 Oct, 2026	Thomas Benjamin Curtis	Pres., Bk Us Ca	Acquired A	74	$0.00	$0	7,992	Direct
02 Oct, 2026	Jacqueline Friesner	Officer	Acquired A	18	$0.00	$0	1,980	Direct
02 Oct, 2026	Axel Schwan	Pres., Tim Hortons Us Canada	Acquired A	41	$0.00	$0	4,452	Direct
02 Oct, 2026	Duncan Fulton	Chief Corporate Officer	Acquired A	23	$0.00	$0	2,523	Direct
02 Oct, 2026	J Patrick Doyle	Executive Chairman	Acquired A	2,114	$0.00	$0	228,994	Direct
02 Oct, 2026	Sami A. Siddiqui	Chief Financial Officer	Acquired A	23	$0.00	$0	2,526	Direct
02 Oct, 2026	Jacqueline Friesner	Officer	Acquired A	34	$0.00	$0	3,634	Direct
02 Oct, 2026	Thomas Benjamin Curtis	Pres., Bk Us Ca	Acquired A	607	$0.00	$0	65,704	Direct
02 Oct, 2026	Joshua Kobza	Chief Executive Officer	Acquired A	3,145	$0.00	$0	340,639	Direct
02 Oct, 2026	Axel Schwan	Pres., Tim Hortons Us Canada	Acquired A	68	$0.00	$0	7,352	Direct
02 Oct, 2026	Jill Granat	Officer	Acquired A	38	$0.00	$0	4,073	Direct
02 Oct, 2026	Peter Perdue	President, Popeyes Us Canada	Acquired A	5	$0.00	$0	512	Direct
02 Oct, 2026	Duncan Fulton	Chief Corporate Officer	Acquired A	49	$0.00	$0	5,288	Direct
02 Oct, 2026	Jill Granat	Officer	Acquired A	74	$0.00	$0	8,047	Direct
02 Oct, 2026	J Patrick Doyle	Executive Chairman	Acquired A	7,927	$0.00	$0	858,728	Direct
02 Oct, 2026	Peter Perdue	President, Popeyes Us Canada	Acquired A	21	$0.00	$0	2,224	Direct
02 Oct, 2026	Joshua Kobza	Chief Executive Officer	Acquired A	156	$0.00	$0	16,873	Direct
02 Oct, 2026	Axel Schwan	Pres., Tim Hortons Us Canada	Acquired A	539	$0.00	$0	58,404	Direct

Showing 1 to 20 of 4,544 transactions