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QSR Exercise Disclosure
Schwan Axel · SEC Form 4 · Filed Sep 9, 2026
Exercise
Calculated transaction value
$2.34M
Schwan Axel Pres., Tim Hortons Us & Canada
Transaction date
Sep 4, 2026
Public filing date
Sep 9, 2026
Filing lag
Filed 5 days later
QSR daily price context
Close on/before transaction
$80.17
Sep 4, 2026
First close after public filing
$76.49
Sep 10, 2026
30-day return after filing
-7.24%
Through Oct 9, 2026
Source details
- Reported owner
- Not disclosed
- Source asset code
- Security
- Security
- Common Shares
- Quantity / price
- 40,000 shares @ $58.44
- SEC ownership
- Direct
- Transaction code
- M
- Form
- 4
- Filing identifier
- 0001594977-26-000020
Filing cohort
Transactions in this filing
Showing 5 of 5
Trades
5
Issuers
1
Estimated value
$8.95M
Buys / sales
0 / 1
| Issuer | Transaction | Traded | Value |
|---|---|---|---|
| Restaurant Brands International Inc. QSR | Exercise | Sep 4, 2026 | $0 |
| Restaurant Brands International Inc. QSR Current | Exercise | Sep 4, 2026 | $2.34M |
| Restaurant Brands International Inc. QSR | Exercise | Sep 4, 2026 | $1.94M |
| Restaurant Brands International Inc. QSR | Sale | Sep 4, 2026 | $4.67M |
| Restaurant Brands International Inc. QSR | Exercise | Sep 4, 2026 | $0 |