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Insider selling
Axel Schwan sold $4.7M of Restaurant Brands International Inc. (QSR) stock
Axel Schwan, Pres., Tim Hortons US & Canada of Restaurant Brands International Inc. (QSR), sold 57,574 shares of QSR stock worth $4.7M, per an SEC Form 4 filed Sep 9, 2026.
The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.
The trade happened on Sep 4, 2026, 5 days before it was made public.
QSR has moved -9.5% since the trade date, from $80.17 to $72.56 (Sep 21, 2026 close).
- Traded
- Sep 4, 2026
- Disclosed
- Sep 9, 2026
- Filing delay
- 5 days
- Price since
- -9.5%
- Role
- Pres., Tim Hortons US & Canada
- Source
- SEC Form 4
More QSR insider and Congress trades
From a public SEC Form 4, linked above. Not investment advice, and not a recommendation to buy or sell.