Joshua Kobza sold $15M of QSR
Chief Executive Officer at Restaurant Brands International Inc.. 200,000 shares at an average of $75.05, traded Mar 18, 2026, filed Mar 18, 2026.
Score components
- +25RoleCEO
- +25Trade size$15.0M at market
- +5Share of holdings soldSold 17% of holdings
- +15Cluster6 insiders selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
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 +6.4%, 3m +0.8%, 6m +2.8%.
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.
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 0001574771-26-000010, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Mar 18, 2026 | MOption exercise Common Shares | +200,000 | $56.92 | $11M | 1,160,769 | Mar 18, 2026 |
| Mar 18, 2026 | SOpen-market sale Common Shares | -200,000 | $75.05 | $15M | 960,769 | Mar 18, 2026 |
| Mar 18, 2026 | MOption exercise Option (Right to Buy)derivative | -200,000 | $0.00 | $0 | 0 | Mar 18, 2026 |
Related signals
Other insiders at Restaurant Brands International Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 38Weak | Restaurant Brands International Inc. | Axel Mr Schwan Pres., Tim Hortons US & Canada | $4.7M 57,574 shares | -22% | |
| 68Notable | Restaurant Brands International Inc. | Thomas Benjamin Curtis Pres., BK US & CA | $5.2M 64,000 shares | -63% | |
| 45Moderate | Restaurant Brands International Inc. | Jeffrey Housman See Remarks | $1.5M 20,000 shares | -11% | |
| 60Notable | Restaurant Brands International Inc. | Jacqueline Friesner See Remarks | $2.2M 30,000 shares | -15% | |
| 40Moderate | Restaurant Brands International Inc. | Jill Granat See Remarks | $3.7M 50,000 shares | -10% | |
| 47Moderate | Restaurant Brands International Inc. | Thiago T Santelmo President, International | $754k 10,000 shares | -11% | |
| 67Notable | Restaurant Brands International Inc. | Sami A. Siddiqui Chief Financial Officer | $6.0M 80,000 shares | -106% | |
| 45Moderate | Restaurant Brands International Inc. | Thomas Benjamin Curtis Pres., BK US & CA | $1.0M 15,410 shares | -13% | |
| 29Weak | Restaurant Brands International Inc. | Jacqueline Friesner See Remarks | $312k 4,617 shares | -2% | |
| 41Moderate | 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.