Option-related CEO selling at Restaurant Brands Intl (QSR)

Option-related CEO selling at Restaurant Brands Intl (T:QSR)

Daniel S. Schwartz, CEO, Director and 10% Holder, acquired 1,563,152 Common Shares via the exercise of options and disposed of 708,582 Common Shares in the public market on a direct ownership basis at prices ranging from US$64.49 to US$64.56 between October 30th and 31st, 2017. This represents a $58,661,397 public market divestment of the company's shares and an account share holdings change of -44.3%.

Restaurant Brands Intl is in the Restaurants & Bars Sub Industry Group under the Consumer Cyclicals Sector.

Restaurant Brands International Inc. is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others. Burger King restaurants are quick service restaurants that feature flame-grilled hamburgers, chicken and other specialty sandwiches, French fries, soft drinks and other food items. The Company operates coffee roasting facilities in Hamilton, Ontario and Rochester, New York. The Company sells its raw materials and supplies, including coffee, sugar, paper goods and other restaurant supplies to Tim Hortons restaurants.