secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Inc. (QSR)
CIK:        0001618756
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001618756-25-000306
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

3G Capital affiliate to sell up to 17.6M QSR shares at $68.72 in secondary offering
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- HL1 17 LP (3G affiliate) exchanges 17,626,570 Class B units for common shares; RBI will not receive any proceeds.
- Offering priced at $68.72/share via forward sale with BofA Securities; expected close Nov 17, 2025.
- Selling shareholder and 3G affiliates subject to 45-day lock-up from offering date.
- Settlement of forward sale and exchange expected by December 3, 2025; aggregate share count unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618756/000161875625000306/0001618756-25-000306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618756/000161875625000306/qsr-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001618756-25-000306

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer