Welcome to our dedicated page for Restaurant Brand SEC filings (Ticker: QSR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings of Restaurant Brands International Inc. (QSR) provide detailed insight into how one of the world’s largest quick service restaurant companies reports its financial condition, capital structure and material events. As a Canada-incorporated issuer with principal executive offices in Miami, Florida, RBI files current reports on Form 8-K, along with annual and quarterly reports, under Commission File Number 001-36786.
In its Form 8-K filings, RBI discloses items such as quarterly and year-to-date financial results, including system-wide sales, comparable sales, net restaurant growth, revenues and adjusted operating income across its Tim Hortons, Burger King, Popeyes, Firehouse Subs, International and Restaurant Holdings segments. These filings often include or reference press releases and supplemental financial and operational information that explain segment dynamics, intersegment revenues and non-GAAP measures.
Other 8-K filings document material agreements and capital markets transactions. Examples include underwriting agreements for secondary offerings of common shares by significant shareholders, forward sale agreements with financial counterparties, and details on pricing and settlement of those offerings. RBI also reports on debt transactions, such as first lien senior secured notes, and describes how proceeds are expected to be used, for example to redeem existing notes.
Filings further cover strategic actions like the joint venture with an investment fund managed by CPE for Burger King China, including the ownership structure of the joint venture, the planned 20-year master development agreement and the classification of Burger King China as held for sale and reported in discontinued operations. Investors can also review disclosures on non-cash impairment charges associated with these transactions.
On Stock Titan’s QSR filings page, users can access these SEC documents as they are posted to EDGAR and use AI-powered summaries to interpret complex sections. This includes quickly understanding the implications of new 8-K filings, equity and debt offerings, and segment-level updates, as well as tracking how RBI’s franchise-focused model and global restaurant portfolio are reflected in its regulatory reporting.
Restaurant Brands International Inc. is asking shareholders to vote at its June 3, 2026 hybrid annual meeting on three items: electing ten directors, a non-binding advisory vote on executive pay, and appointing KPMG LLP as auditors through the 2027 annual meeting.
The proxy describes a majority-independent board with an Executive Chair and a Lead Independent Director, formal governance guidelines, board committees overseeing audit, compensation, nominations and conflicts, and a majority-voting standard for director elections. It highlights skills-based board composition, diversity metrics, and active shareholder engagement, including the shift to hybrid meetings.
For 2025, RBI reports global system-wide sales of $46.8 billion, 2.4% global comparable sales growth, 2.9% net restaurant growth, income from operations of $2.2 billion, diluted EPS from continuing operations of $2.63, adjusted diluted EPS of $3.69, adjusted operating income of $2.6 billion and free cash flow of $1.4 billion.
The company emphasizes a pay-for-performance philosophy: for 2025, about 94% of the CEO’s target total direct compensation and about 90% for other named executive officers were performance- and/or equity-based, with no hedging, short-selling or pledging allowed for employees, and a clawback policy covering incentive-based compensation.
Housman Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Restaurant Brands International Inc. executive Jeffrey Housman reported equity compensation awards rather than market trades. On April 2, 2026, he received several grants of restricted share units and performance share units, each representing rights to receive common shares in the future, some tied to multi‑year performance periods and specific vesting dates. Following these awards, he directly holds common shares, exchangeable units and fully vested stock options in addition to the new units disclosed.
CURTIS THOMAS BENJAMIN reported acquisition or exercise transactions in this Form 4 filing.
Restaurant Brands International Inc. executive Thomas Benjamin Curtis, President of Burger King US & Canada, reported multiple equity awards on April 2, 2026. He received grants of restricted share units and performance share units that each represent the right to receive one common share at vesting.
The filing shows several RSU awards, including 21.7299, 67.3444, 63.1731 and 66.7224 restricted share units, plus performance-based awards of 553.6783, 550.7587 and 503.1312 performance share units. These performance-based units have performance periods running through 2027, 2028 and 2029 with vesting dates in March of those years.
Dividend equivalent rights accrue on both RSU and performance-based awards as dividends are paid and vest on the same schedule as the underlying units. After these transactions, Curtis directly holds 102216.2029 common shares, along with sizable outstanding RSU and performance share unit balances that vest over several future years.
Restaurant Brands International executive Axel Schwan, President of Tim Hortons US & Canada, reported multiple equity compensation awards rather than market trades. On April 2, 2026, he received several grants of restricted share units and performance share units, each convertible into an equal number of common shares.
Key awards include 492.1585, 550.7587 and 767.2684 performance share units that have performance periods running into 2027, 2028 and 2029 and, if earned, vest in March of those years. Following these awards, he also directly holds 197,481.9293 common shares and fully vested stock options over 40,000, 30,000 and 56,000 shares at exercise prices between $58.44 and $66.31.
Restaurant Brands International Inc. executive Peter Perdue, President of Popeyes US & Canada, reported multiple equity-based compensation grants on April 2, 2026. He received awards of restricted share units and performance share units, each representing the right to receive an equal number of common shares at no exercise price.
The performance share units have performance periods ending between February 23, 2027 and February 25, 2029, with vesting dates on March 15, 2027, March 15, 2028 and March 15, 2029 to the extent earned. Related restricted share units vest in equal annual installments through dates ranging from December 15, 2026 to December 15, 2029. No open‑market purchases or sales were reported, and Perdue continues to hold 43,626.7121 common shares directly, along with fully vested options over additional common shares.
Friesner Jacqueline reported acquisition or exercise transactions in this Form 4 filing.
Restaurant Brands International Inc. reported that officer Jacqueline Friesner received several equity awards as part of her compensation. On April 2, 2026, she was granted multiple blocks of restricted share units and performance share units, each representing a contingent right to receive common shares at no cash cost.
The restricted share units vest in equal annual installments, with remaining vesting dates running through December 15, 2029, while performance share units tied to 2024, 2025 and 2026 performance cycles may be earned and vest between March 15, 2027 and March 15, 2029 based on performance conditions. Following these awards, Friesner directly holds 165,726.545 common shares and 9,098 exchangeable units that are convertible into common shares or cash at the partnership’s election.
Kobza Joshua reported acquisition or exercise transactions in this Form 4 filing.
Restaurant Brands International Inc. Chief Executive Officer Joshua Kobza reported equity compensation grants rather than open-market trades. On April 2, 2026 he received multiple awards of restricted share units and performance share units, including 61.9937 and 142.1828 restricted units and performance-based awards such as 2,870.5223 and 1,446.4967 units, each convertible into common shares on a one-for-one basis. These RSUs and performance share units vest in annual installments or based on multi‑year performance periods that run through 2029. Following these awards, he directly holds 960,769.242 common shares and 5,413 exchangeable units that are convertible into an equal number of common shares, along with various unvested RSU and performance share unit positions.
Restaurant Brands International Inc. Chief Corporate Officer Fulton Duncan reported multiple equity awards that increase his potential ownership in the company. On April 2, 2026, he received several grants of Restricted Share Units (RSUs) and Performance Share Units (PSUs), each RSU representing a contingent right to one common share. The RSUs generally vest in equal annual installments, with remaining vesting dates including December 15, 2026, and, for some awards, additional vestings through December 15, 2029. The PSUs (2024, 2025 and 2026 PBRSUs) have multi‑year performance periods ending between February 23, 2027 and February 25, 2029 and, to the extent earned based on performance conditions, will vest on March 15, 2027, March 15, 2028 and March 15, 2029. The filing also shows Duncan holds options over 60,000 common shares at an exercise price of $63.64 expiring in 2028 and 15,000 common shares at $66.31 expiring in 2030, which are fully vested and exercisable, along with 51,216.9168 common shares held directly. All reported acquisitions are compensation-related awards rather than open‑market purchases.
Restaurant Brands International Executive Chairman J. Patrick Doyle received new equity awards in the form of restricted share units and performance share units. The filing reports 1,929.7031 restricted share units and 7,236.3864 performance share units, each representing a contingent right to receive the same number of common shares.
The restricted share units vest in equal annual installments, with remaining vestings scheduled for November 21, 2026 and November 21, 2027, and include dividend equivalent rights that accrue as dividends are paid. The performance-based restricted share units have a performance period from November 21, 2022 to May 21, 2028 and may be earned from 50% to 200% of target based on appreciation in the price of RBI common shares, also with dividend equivalent rights.
The filing also shows a holding of options covering 2,000,000 common shares at an exercise price of $66.7400 per share expiring November 20, 2032, direct common share holdings of 193,855.0238 shares, and 500,000 common shares held indirectly by Lodgepole 231 LLC, where Doyle is the investment manager and disclaims beneficial ownership beyond his pecuniary interest.