SCHWAN AXEL

PrivateCIK: 1594977

Location

MIAMI, FL

SCHWAN AXEL (Pres., Tim Hortons Americas) received a stock award from RESTAURANT BRANDS INTERNATIONAL INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

SCHWAN AXEL

Filed: 2/27/2026ACC: 0001594977-26-000011

InsiderSCHWAN AXELCIK 1594977

→

IssuerRESTAURANT BRANDS INTERNATIONAL INC.CIK 1618756

Officer· Pres., Tim Hortons Americas

Since Jan 2020

+102.39K

Net shares

Net buyer

$171.9K

Total acquired

0

Open market trades

0B · 0S

3

Total transactions

102.39K acquired

Non-Derivative Transactions1

Common Shares

Direct

A · Award

Shares

+2.50K

Price / share

$68.81

Trade value

$171.89K

% of position

1.3%

2/25/2026

194.98K→197.48K

Total

Net shares

+2.50K

Net value

$171.89K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	2/25/2026	A · Award	+2.50K	$68.81	$171.89K	1.3%	194.98K	197.48K
Total			+2.50K		$171.89K

Derivative Transactions2

Restricted Share Units

Direct

A · Award

Converts to

Common Shares

11.24K shares

Shares

+11.24K

Strike price

Held after

11.24K

Exercisable

—

2/25/2026

Performance Share Units

Direct

A · Award

Converts to

Common Shares

88.65K shares

Shares

+88.65K

Strike price

Held after

88.65K

Exercisable

—

2/25/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Share Units Direct	Common Shares11.24K shares	2/25/2026	A · Award	+11.24K		—	11.24K
Performance Share Units Direct	Common Shares88.65K shares	2/25/2026	A · Award	+88.65K		—	88.65K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)8

Restricted Share Units

Direct

Underlying security

Common Shares

Underlying shares

9.40K

Shares owned

9.40K

Exercise price

Expiration

—

Exercise window

—

Option (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

56K

Shares owned

56K

Exercise price

66.31

Expiration

—

Exercise window

—

Performance Share Units

Direct

Underlying security

Common Shares

Underlying shares

63.63K

Shares owned

63.63K

Exercise price

Expiration

—

Exercise window

—

Option (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

40K

Shares owned

40K

Exercise price

58.44

Expiration

—

Exercise window

—

Performance Share Units

Direct

Underlying security

Common Shares

Underlying shares

56.86K

Shares owned

56.86K

Exercise price

Expiration

—

Exercise window

—

Restricted Share Units

Direct

Underlying security

Common Shares

Underlying shares

7.16K

Shares owned

7.16K

Exercise price

Expiration

—

Exercise window

—

Option (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

30K

Shares owned

30K

Exercise price

64.75

Expiration

—

Exercise window

—

Restricted Share Units

Direct

Underlying security

Common Shares

Underlying shares

4.33K

Shares owned

4.33K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

267.39K

Owned

267.39K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Share Units Direct	Common Shares		—	—	9.40K	9.40K
Option (Right to Buy) Direct	Common Shares	66.31	—	—	56K	56K
Performance Share Units Direct	Common Shares		—	—	63.63K	63.63K
Option (Right to Buy) Direct	Common Shares	58.44	—	—	40K	40K
Performance Share Units Direct	Common Shares		—	—	56.86K	56.86K
Restricted Share Units Direct	Common Shares		—	—	7.16K	7.16K
Option (Right to Buy) Direct	Common Shares	64.75	—	—	30K	30K
Restricted Share Units Direct	Common Shares		—	—	4.33K	4.33K
Total					267.39K	267.39K

SCHWAN AXEL — Insider Transaction (Form 4) Filed Feb 27, 2026 | Finecho