Restaurant Brands International CEO Sells $232K of Shares, Cuts Stake 0.36%

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CEO Joshua Kobza sold 3,443 QSR shares at an average $67.44 on January 7, raising proceeds of $232,195.92 and reducing his stake by 0.36% to 952,620 shares valued at $64.24 million. He also disposed of 25,472 shares at $70.91 on December 15 for $1.81 million.

1. CEO Joshua Kobza Executes $232,196 Stock Sale

On January 7, 2026, Restaurant Brands International CEO Joshua Kobza sold 3,443 shares of the company’s common stock at an average price of $67.44 per share, generating proceeds of $232,195.92. After the transaction, Kobza’s direct ownership stood at 952,620 shares, representing a 0.36% reduction in his total holding. The sale was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission, underlining ongoing insider liquidation following his December 15 sale of 25,472 shares for $1.81 million.

2. Q4 Earnings Beat and Dividend Maintained

In its October 30, 2025 quarter, Restaurant Brands International reported revenue of $2.45 billion, up 6.9% year-over-year, and GAAP earnings per share of $1.03, beating consensus by $0.03. The chain delivered a net margin of 9.95% and a return on equity of 32.43%. Shortly thereafter, the board declared a quarterly dividend of $0.62 per share, paid January 6, 2026, sustaining an annualized yield of 3.6% and a payout ratio of 88.3%. Analysts forecast full-year EPS of $3.72 for fiscal 2026.

3. Analyst Ratings Skew Positive but Valuation Holds Steady

As of early January, 11 research firms maintain Buy ratings on the stock while 11 have Holds and one has a Sell. The consensus target stands at $76.57. Notable recent actions include Barclays raising its target to $86 with an overweight view and BMO Capital affirming a Buy rating. The company trades at a trailing P/E of 24.6 and a P/E/G of 2.51, balanced by a debt-to-equity ratio of 2.65 and a current ratio of 1.06.

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