Axel Schwan insider trades: Restaurant Brands International (QSR) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Axel reports to the SEC
Open-market buys and sales
18 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Feb 23, 2026 | QSR | ↓ Sell | 34,939 | $67.51 | $2.4M | Direct | Feb 24, 2026 (1d) |
| Jan 7, 2026 | QSR | ↓ Sell | 2,187 | $67.44 | $147K | Direct | Jan 8, 2026 (1d) |
| Dec 15, 2025 | QSR | ↓ Sell | 5,860 | $70.87 | $415K | Direct | Dec 17, 2025 (2d) |
| Feb 25, 2025 | QSR | ↓ Sell | 31,764 | $64.38 | $2.0M | Direct | Feb 27, 2025 (2d) |
| Feb 21, 2025 | QSR | ↓ Sell | 25,561 | $62.35 | $1.6M | Direct | Feb 25, 2025 (4d) |
| Jan 6, 2025 | QSR | ↓ Sell | 5,019 | $64.20 | $322K | Direct | Jan 7, 2025 (1d) |
| Dec 16, 2024 | QSR | ↓ Sell | 4,049 | $67.76 | $274K | Direct | Dec 17, 2024 (1d) |
| Aug 23, 2024 | QSR | ↓ Sell | 36,000 | $70.44 | $2.5M | Direct | Aug 27, 2024 (4d) |
| Feb 20, 2024 | QSR | ↓ Sell | 15,894 | $76.26 | $1.2M | Direct | Feb 21, 2024 (1d) |
| Jan 5, 2024 | QSR | ↓ Sell | 9,207 | $76.55 | $705K | Direct | Jan 8, 2024 (3d) |
| Dec 15, 2023 | QSR | ↓ Sell | 2,150 | $73.68 | $158K | Direct | Dec 19, 2023 (4d) |
| May 5, 2023 | QSR | ↓ Sell | 34,000 | $71.25 | $2.4M | Direct | May 8, 2023 (3d) |
| Jan 4, 2023 | QSR | ↓ Sell | 9,314 | $65.04 | $606K | Direct | Jan 6, 2023 (2d) |
| Jan 5, 2022 | QSR | ↓ Sell | 8,687 | $58.62 | $509K | Direct | Jan 7, 2022 (2d) |
| May 28, 2021 | QSR | ↓ Sell | 25,931 | $69.73 | $1.8M | Direct | Jun 2, 2021 (5d) |
| Jan 5, 2021 | QSR | ↓ Sell | 11,346 | $58.95 | $669K | Direct | Jan 7, 2021 (2d) |
| Dec 17, 2020 | QSR | ↓ Sell | 32,356 | $62.03 | $2.0M | Direct | Dec 21, 2020 (4d) |
| Mar 15, 2020 | QSR | ↓ Sell | 37,854 | $62.58 | $2.4M | Direct | Dec 17, 2020 (277d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
Other QSR insiders
Open-market trades in the last 12 months
About Axel Schwan's insider trades
Axel Schwan is Pres., Tim Hortons US & Canada at Restaurant Brands International (QSR). Since Mar 15, 2020, Axel has reported no open-market purchases and 18 sales worth $22.2M on SEC Form 4. In the last 12 months: 3 sales ($2.9M).
Their filings also include grants and awards (36 filings), option exercises (16 filings), conversions (1 filing), shares returned to the company (1 filing). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every QSR insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.

