Restaurant Brands International Executive Chairman Receives Dividend Equivalent Units
Restaurant Brands International Inc.
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Filing Summary
# Insider Filing: Restaurant Brands International Inc. (QSR)
**Filer:** J. Patrick Doyle | **Title:** Executive Chairman
**Date of Transaction:** 2026-10-02 | **Filing Date:** 2026-10-06
### Transaction Summary
* **Security:** Restricted Share Units & Performance Share Units
* **Type:** Award (Dividend Equivalent Rights)
* **Shares Transacted:** 10,041.46 across RSUs (2,113.99) & PSUs (7,927.47)
* **Price:** $0.00
* **Total Value:** $0.00
* **Significance:** Low (Routine dividend equivalent accrual)
Comprehensive Analysis
Executive Summary
On October 6, 2026, Restaurant Brands International Inc. ($QSR) filed a Form 4 disclosing derivative equity additions for Executive Chairman J. Patrick Doyle. On October 2, 2026, Doyle was credited with dividend equivalent rights totaling 10,041.46 units across his outstanding Restricted Share Unit (RSU) and Performance Share Unit (PSU) holdings.
Transaction Details
- Restricted Share Units (RSUs): 2,113.9926 units accrued as dividend equivalents at $0.00 per share, increasing his direct RSU holdings to 228,994.1805 units.
- Performance Share Units (PSUs): 7,927.4722 units accrued as dividend equivalents at $0.00 per share, bringing his direct PSU holdings to 858,728.177 units.
- Underlying Holdings Unaffected: The filer continues to hold 193,855.0238 common shares directly, 500,000 common shares indirectly via Lodgepole 231 LLC, and options to purchase 2,000,000 common shares.
Context & Trading Significance
This filing reflects routine, automatic dividend equivalent adjustments tied to regular cash dividend payments made on RBI common shares. These units vest under the same terms as the underlying equity awards. Because these acquisitions do not represent open-market buying or discretionary investment decisions, their market and sentiment significance is deemed Low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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