Axel Schwan

CIK: 0001594977

Transaction Breakdown

Open Market Buys (P)0 (0.0%)

High conviction signal

Open Market Sales (S)11 (13.8%)

Position reduction

Option Exercises (M)14 (17.5%)

Derivative conversions

Awards (A)55 (68.8%)

Compensation grants

Other (G, F, J, C, D, …)0 (0.0%)

Gifts, tax withholding, conversions, dispositions to the issuer and other codes

Companies & Roles (1)

QSR

Restaurant Brands International Inc.

Officer

Discretionary Trading P&L

Holdings

Transaction History (80 total)

QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Performance Share Units
Direct
841 shares-
QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Restricted Share Units
Direct
89 shares-
QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Restricted Share Units
Direct
68 shares-
QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Restricted Share Units
Direct
41 shares-
QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Performance Share Units
Direct
603 shares-
QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Performance Share Units
Direct
539 shares-
QSR
Restaurant Brands International Inc.
Oct 2, 2026
Award(A)
Restricted Share Units
Direct
107 shares-
QSR
Restaurant Brands International Inc.
Sep 4, 2026
Exercise(M)
Direct
40K shares at avg. $58.44$2.3M
QSR
Restaurant Brands International Inc.
Sep 4, 2026
Exercise(M)
Direct
30K shares at avg. $64.75$1.9M
QSR
Restaurant Brands International Inc.
Sep 4, 2026
Sale(S)
Direct
57.6K shares at avg. $81.14$4.7M
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Performance Share Units
Direct
793 shares-
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Restricted Share Units
Direct
84 shares-
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Performance Share Units
Direct
570 shares-
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Restricted Share Units
Direct
101 shares-
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Restricted Share Units
Direct
64 shares-
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Restricted Share Units
Direct
39 shares-
QSR
Restaurant Brands International Inc.
Jul 7, 2026
Award(A)
Performance Share Units
Direct
509 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Restricted Share Units
Direct
38 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Performance Share Units
Direct
551 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Restricted Share Units
Direct
97 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Restricted Share Units
Direct
62 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Performance Share Units
Direct
492 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Restricted Share Units
Direct
81 shares-
QSR
Restaurant Brands International Inc.
Apr 2, 2026
Award(A)
Performance Share Units
Direct
767 shares-
QSR
Restaurant Brands International Inc.
Feb 25, 2026
Award(A)
Direct
2.5K shares at avg. $68.81$172K

		Type	Shares	Price		Ownership
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	841	-	-	Direct
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	89	-	-	Direct
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	68	-	-	Direct
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	41	-	-	Direct
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	603	-	-	Direct
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	539	-	-	Direct
Oct 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	107	-	-	Direct
Sep 4, 2026	QSR Restaurant Brands International Inc.	Exercise(M)	40,000	$58.44	$2,337,600	Direct
Sep 4, 2026	QSR Restaurant Brands International Inc.	Exercise(M)	30,000	$64.75	$1,942,500	Direct
Sep 4, 2026	QSR Restaurant Brands International Inc.	Sale(S)	57,574	$81.14	$4,671,716	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	793	-	-	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	84	-	-	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	570	-	-	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	101	-	-	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	64	-	-	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	39	-	-	Direct
Jul 7, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	509	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	38	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	551	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	97	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	62	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	492	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Restricted Share Units	81	-	-	Direct
Apr 2, 2026	QSR Restaurant Brands International Inc.	Award(A) Performance Share Units	767	-	-	Direct
Feb 25, 2026	QSR Restaurant Brands International Inc.	Award(A)	2,498	$68.81	$171,887	Direct

1-25 of 80 transactions

About Schwan Axel

Schwan Axel (SEC CIK 0001594977) files insider reports with the SEC as Pres., Tim Hortons US & Canada of Restaurant Brands International Inc. (QSR).

Signal8 holds 19 ownership filings by Schwan Axel, all Form 4s, filed between Oct 8, 2024 and Oct 6, 2026. Those filings report 80 transactions, from Oct 4, 2024 to Oct 2, 2026. Signal8's Form 4 history starts in Sep 2024.

The business address on Schwan Axel's filings is in MIAMI, FL.

Recent filings by Schwan Axel

Oct 2, 2026: Grants or awards of QSR derivative securities (7 lines, Form 4, code A).
Sep 4, 2026: Option exercises of QSR shares (2 lines, Form 4, code M).
Sep 4, 2026: Open-market sale of QSR shares (Form 4, code S).
Jul 7, 2026: Grants or awards of QSR derivative securities (7 lines, Form 4, code A).
Apr 2, 2026: Grants or awards of QSR derivative securities (7 lines, Form 4, code A).

Other insiders filing for Restaurant Brands International Inc. (QSR)

CURTIS THOMAS BENJAMIN, Pres., BK US & CA
Granat Jill
Kobza Joshua, Chief Executive Officer
DOYLE J PATRICK, Executive Chairman
Friesner Jacqueline
Siddiqui Sami A., Chief Financial Officer

How to read Form 4 transaction codes