Axel Schwan, President, Tim Hortons Americas at Restaurant Brands International Inc. (QSR), sold 11,716 shares at $70.87 ($831K) on 2025-12-15, disclosed to the SEC on 2025-12-17.
Open-market sale of $831k QSR by President, Tim Hortons Americas. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $70.87 | 1,661 | $118K | 14.2% |
| 2 | $70.87 | 1,661 | $118K | 14.2% |
| 3 | $70.87 | 1,898 | $135K | 16.2% |
| 4 | $70.87 | 1,898 | $135K | 16.2% |
| 5 | $70.87 | 2,299 | $163K | 19.6% |
| 6 | $70.87 | 2,299 |
| $163K |
| 19.6% |
| Total | $70.90 avg | 11,716 | $831K | 100% |
| Filing → |
| QSR | SELL | 2026-01-08 | $295K | — | Filing → |