undamentalytics Newsletter

Restaurant Brands International Inc. insider trading

Every open-market purchase and sale by Restaurant Brands International Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

No insider has bought shares on the open market in five years.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Restaurant Brands International Inc. insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Restaurant Brands International Inc.’s insiders pay?

From February 24, 2015 to September 9, 2026, 36 insiders reported 22 open-market purchases and 226 sales not made under a pre-set plan in Restaurant Brands International Inc. Twelve months after each purchase was reported, the shares were +4.4% against the S&P 500 on average (median +9.7%), over 22 purchases with a full year of prices; 59% beat the index. After sales, the shares moved −14.2% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on February 25, 2015 into $19,635 by November 2, 2026, +6.0% a year. It held shares 54% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $19,419 (+5.9% a year), and held throughout $43,382 (+13.4%).

$0$20.0k$40.0k 201520172019202120232025 $43.4k$19.6k$19.4k
Copying Restaurant Brands International Inc.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Restaurant Brands International Inc.'s insiders from February 25, 2015, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 54% of the time.
Restaurant Brands International Inc.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Siddiqui Sami A. Chief Financial Officer 0 — — 24 −12.5% (20) March 17, 2026
Kobza Joshua Chief Executive Officer 0 — — 20 −16.9% (17) March 18, 2026
Granat Jill See Remarks 0 — — 19 −13.5% (15) March 18, 2026
Schwan Axel Pres., Tim Hortons US & Canada 0 — — 19 −16.6% (15) September 9, 2026
Friesner Jacqueline See Remarks 0 — — 18 −14.5% (14) March 18, 2026
Cil Jose E. Chief Executive Officer 0 — — 15 −16.8% (15) February 24, 2023
Curtis Thomas Benjamin Pres., BK US & CA 0 — — 14 −9.2% (10) August 25, 2026
Fulton Duncan Chief Corporate Officer 0 — — 12 −17.0% (9) February 24, 2026
Housman Jeffrey See Remarks 0 — — 12 −15.3% (8) March 20, 2026
Dunnigan Matthew CFO 0 — — 11 −18.6% (11) February 26, 2024
Hedayat Ali Director 4 −3.0% (4) 50% 6 −22.8% (5) December 1, 2025
Shear David Chan President, International 0 — — 9 −18.4% (9) February 26, 2024
Santelmo Thiago T President, International 0 — — 8 −3.2% (4) March 18, 2026
Goncalves Heitor See Remarks 0 — — 5 +6.6% (5) March 8, 2018
Macedo Alexandre President,Tim Hortons 1 −17.7% (1) 0% 4 −14.7% (4) November 1, 2019
Machado Fernando Chief Marketing Officer 0 — — 5 −22.9% (5) March 17, 2021
Fribourg Paul J Director 3 +4.5% (3) 67% 1 −49.0% (1) August 28, 2019
Van Damme Alexandre Director 3 +18.7% (3) 67% 1 −12.7% (1) March 10, 2017
Doyle J Patrick Executive Chairman 0 — — 3 −18.2% (2) November 25, 2025
Klein Jeffrey W President, Popeyes-US & Canada 0 — — 3 −4.3% (3) February 27, 2025
Perdue Peter President, Popeyes-US & Canada 0 — — 3 — February 24, 2026
Sicupira Carlos Alberto Director 2 +18.8% (2) 100% 1 −13.4% (1) September 9, 2020
3g Restaurant Brands Holdings General Partner Ltd. 10% owner 0 — — 2 +2.5% (2) November 13, 2017
Athayde Felipe A Brand Pres., Popeyes, Americas 0 — — 2 −12.5% (2) September 16, 2020
Caira Marc Director 0 — — 2 +3.3% (2) November 22, 2017
Lederer John Anthony Director 2 +1.5% (2) 50% 0 — November 3, 2015
Parker Alan Director 0 — — 2 +3.3% (2) August 7, 2015
Schwartz Daniel S Executive Chairman 0 — — 2 −22.7% (2) May 7, 2021
Thomas V Milroy Director 2 +3.3% (2) 50% 0 — December 18, 2015
Thompson Motta Roberto Moses Director 1 +23.8% (1) 100% 1 −22.5% (1) May 28, 2021
Behring Alexandre Director 0 — — 1 +16.6% (1) March 13, 2020
Finazzo Christopher L. See Remarks 0 — — 1 −29.9% (1) January 7, 2021
Khosrowshahi Golnar Director 1 +10.2% (1) 100% 0 — June 19, 2018
Lemann Marc Director 1 −13.1% (1) 0% 0 — June 22, 2021
Prato John F. Director 1 −16.5% (1) 0% 0 — June 16, 2021
Sweeney Thecla Director 1 +5.8% (1) 100% 0 — September 22, 2022

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Restaurant Brands International Inc.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Restaurant Brands International Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 3 buying crowds with six months of prices, it averaged +8.9% against the index. After 11 selling crowds, −6.0%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
December 31, 202512 selling+16.8%−1.5%not yet
December 31, 202411 selling+13.2%−0.5%−12.5%
December 29, 202311 selling−9.0%−26.9%−38.7%
May 31, 20236 selling−12.8%−12.6%−31.2%
November 30, 20223 selling−2.2%+11.3%−1.4%
January 31, 20229 selling+10.3%+8.5%+31.7%
September 30, 20203 selling−3.1%−4.6%−20.0%
August 30, 20195 selling−23.7%−29.8%−50.3%
March 29, 20193 selling+3.4%+3.4%−30.5%
March 29, 20184 selling+1.8%−5.9%+8.4%
November 30, 20173 selling−10.5%−7.2%−10.3%
September 30, 20162 buying+3.3%+16.1%+27.1%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Latest 12 of 14. Total returns from the month end; past patterns are not a forecast.

← Back to Restaurant Brands International Inc. · Funds · Politicians