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sellModerate cluster of 6

Jeffrey Housman sold $1.5M of QSR

See Remarks at Restaurant Brands International Inc.. 20,000 shares at an average of $73.48, traded Mar 20, 2026, filed Mar 20, 2026.

Warning score
45
Value
$1.5M
20,000 shares
Holdings after
162,077
-11% from before
From 52-week low
+27%
low $56.83, close $72.43
From 52-week high
-1%
high $73.07, as of Mar 20, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $1.5M at market
    +25
  • Share of holdings sold
    Sold 11% of holdings
    +5
  • Cluster
    6 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +6.2%, 3m -0.4%, 6m +0.6%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

QSROct 12, 2026 · close 71.12
Since filing Mar 20, 2026: -1.8%SPY +20.6% · excess -22.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001908101-26-000013, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 20, 2026MOption exercise
Common Shares
+20,000$55.55$1.1M182,077Mar 20, 2026
Mar 20, 2026SOpen-market sale
Common Shares
-20,000$73.48$1.5M162,077Mar 20, 2026
Mar 20, 2026MOption exercise
Option (Right to Buy)derivative
-20,000$0.00$00Mar 20, 2026

Related signals

Other insiders at Restaurant Brands International Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
38Weak
QSRsell 2
Restaurant Brands International Inc.
Axel Mr Schwan
Pres., Tim Hortons US & Canada
$4.7M
57,574 shares
-22%
68Notable
QSRsell 2
Restaurant Brands International Inc.
Thomas Benjamin Curtis
Pres., BK US & CA
$5.2M
64,000 shares
-63%
60Notable
QSRsell 6
Restaurant Brands International Inc.
Jacqueline Friesner
See Remarks
$2.2M
30,000 shares
-15%
40Moderate
QSRsell 6
Restaurant Brands International Inc.
Jill Granat
See Remarks
$3.7M
50,000 shares
-10%
55Moderate
QSRsell 6
Restaurant Brands International Inc.
Joshua Kobza
Chief Executive Officer
$15M
200,000 shares
-17%
47Moderate
QSRsell 6
Restaurant Brands International Inc.
Thiago T Santelmo
President, International
$754k
10,000 shares
-11%
67Notable
QSRsell 6
Restaurant Brands International Inc.
Sami A. Siddiqui
Chief Financial Officer
$6.0M
80,000 shares
-106%
45Moderate
QSRsell 9
Restaurant Brands International Inc.
Thomas Benjamin Curtis
Pres., BK US & CA
$1.0M
15,410 shares
-13%
29Weak
QSRsell 9
Restaurant Brands International Inc.
Jacqueline Friesner
See Remarks
$312k
4,617 shares
-2%
41Moderate
QSRsell 9
Restaurant Brands International Inc.
Duncan Fulton
Chief Corporate Officer
$696k
10,308 shares
-17%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Jeffrey Housman sold $1.5M of QSR | InsiderTell