{"schema_version":"secwatch.filing_event.v1","accession":"0001618756-23-000045","form_type":"8-K","ticker":"QSR","cik":"0001618756","company_name":"Restaurant Brands International Inc.","filed_at":"2023-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.576879+00:00","generated_at":"2026-06-11T06:56:22.329414+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"3G Capital affiliate sells up to 7.1M QSR shares at $68.75 in secondary offering; RBI receives no proceeds","bullets":["HL1 17 LP (3G affiliate) to exchange 7,136,149 exchangeable units for common shares, then sell via forward agreement.","Offering priced at $68.75 per share; BofA Securities sole book-runner; sale of 4,136,156 borrowed shares plus up to 2,999,993 from an identified investor.","RBI receives no proceeds from the offering; total common shares outstanding unchanged.","Forward sale settlement and exchange expected on or before Sept 5, 2023; offering closes Aug 21, 2023.","Selling shareholder, 3G entities agree to 45-day lock-up on further sales, subject to exceptions."],"urls":{"canonical":"https://secwatch.observer/filing/0001618756-23-000045","json":"https://secwatch.observer/filing/0001618756-23-000045.json","markdown":"https://secwatch.observer/filing/0001618756-23-000045.md","text":"https://secwatch.observer/filing/0001618756-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618756/000161875623000045/0001618756-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618756/000161875623000045/qsr-20230816.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:56:22.329414+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17115c8ff7f83eca91e88ca834d738bd66db1e53","claim":"Restaurant Brands International Inc. entered into Forward Sale Agreement with HL1 17 LP valued at up to an aggregate of 7,136,149 Common Shares (effective 2023-08-16).","evidence_excerpt":"the Selling Shareholder entered into a forward sale agreement (the “Forward Sale Agreement”) with the Forward Counterparty with respect to up to an aggregate of 7,136,149 Common Shares (the “Forward Shares”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618756/000161875623000045/0001618756-23-000045-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"HL1 17 LP"},{"label":"Value","value":"up to an aggregate of 7,136,149 Common Shares"},{"label":"Effective","value":"2023-08-16"}],"fact_type":"material_agreement"},{"claim_id":"2cab7f2e0a28543a516841d96e6ed0e2342d106b","claim":"Restaurant Brands International Inc. entered into Underwriting Agreement with BofA Securities, Inc. valued at $68.75 per Common Share (effective 2023-08-16).","evidence_excerpt":"On August 16, 2023, Restaurant Brands International Inc. (“RBI” or the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. as the underwriter (the “Underwriter”), HL1 17 LP (the “Selling Shareholder”), an affiliate of 3G Capital Partners Ltd. (“3G Capital”), as the selling shareholder, and BofA Securities, Inc. as the forward seller and forward purchaser","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618756/000161875623000045/0001618756-23-000045-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"BofA Securities, Inc."},{"label":"Value","value":"$68.75 per Common Share"},{"label":"Effective","value":"2023-08-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}