FULTON DUNCAN (Chief Corporate Officer) sold 17.2% of their position (10.31K shares) of RESTAURANT BRANDS INTERNATIONAL INC. on the open market

Open‑market sale worth $695.9K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

FULTON DUNCAN

Filed: 2/24/2026ACC: 0001908102-26-000009

InsiderFULTON DUNCANCIK 1908102

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IssuerRESTAURANT BRANDS INTERNATIONAL INC.CIK 1618756

Officer· Chief Corporate Officer

Since Jan 2022

-15.12K

Net shares

Net seller

$695.9K

Total sold

Open market trades

0B · 1S

Total transactions

19.26K acquired · 34.38K disposed

Non-Derivative Transactions2

Common Shares

Direct

M · Option Exercise

+19.26K

Price / share

—

Trade value

—

% of position

47.3%

2/22/2026

40.73K→59.98K

Common Shares

Direct

S · Sale

−10.31K

Price / share

$67.51

Trade value

$695.89K

% of position

17.2%

2/23/2026

59.98K→49.68K

Total

Net shares

+8.95K

Net value

-$695.89K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	2/22/2026	M · Option Exercise	+19.26K	—	—	47.3%	40.73K	59.98K
Common Shares Direct	2/23/2026	S · Sale	−10.31K	$67.51	$695.89K	17.2%	59.98K	49.68K
Total			+8.95K		-$695.89K

Derivative Transactions1

Performance Share Units

Direct

M · Option Exercise

Converts to

Common Shares

24.07K shares

−24.07K

Strike price

Held after

0.00

Exercisable

—

2/22/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance Share Units Direct	Common Shares24.07K shares	2/22/2026	M · Option Exercise	−24.07K		—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)7

Restricted Share Units

Direct

Underlying security

Common Shares

Underlying shares

4.88K

Shares owned

4.88K

Exercise price

Expiration

—

Exercise window

—

Option (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

60K

Shares owned

60K

Exercise price

63.64

Expiration

—

Exercise window

—

Restricted Share Units

Direct

Underlying security

Common Shares

Underlying shares

5.15K

Shares owned

5.15K

Exercise price

Expiration

—

Exercise window

—

Restricted Share Units

Direct

Underlying security

Common Shares

Underlying shares

2.46K

Shares owned

2.46K

Exercise price

Expiration

—

Exercise window

—

Option (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

15K

Shares owned

15K

Exercise price

66.31

Expiration

—

Exercise window

—

Performance Share Units

Direct

Underlying security

Common Shares

Underlying shares

23.87K

Shares owned

23.87K

Exercise price

Expiration

—

Exercise window

—

Performance Share Units

Direct

Underlying security

Common Shares

Underlying shares

21.26K

Shares owned

21.26K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

132.61K

Owned

132.61K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Share Units Direct	Common Shares		—	—	4.88K	4.88K
Option (Right to Buy) Direct	Common Shares	63.64	—	—	60K	60K
Restricted Share Units Direct	Common Shares		—	—	5.15K	5.15K
Restricted Share Units Direct	Common Shares		—	—	2.46K	2.46K
Option (Right to Buy) Direct	Common Shares	66.31	—	—	15K	15K
Performance Share Units Direct	Common Shares		—	—	23.87K	23.87K
Performance Share Units Direct	Common Shares		—	—	21.26K	21.26K
Total					132.61K	132.61K