On August 12, 2026, 3G Restaurant Brands Holdings General Partner Ltd. and 3G Restaurant Brands Holdings LP filed Amendment No. 25 to their Schedule 13D regarding Restaurant Brands International Inc. (QSR). The filing reports a decrease in beneficial ownership following a transaction on August 10, 2026, in which 3G RBH transferred 4,784,732 Exchangeable Units. Specifically, 3G RBH submitted an exchange notice for 2,784,549 units, which the Issuer elected to satisfy via a cash repurchase by RBI LP rather than issuing common shares. This exchange is expected to close on August 31, 2026. Following these transactions, the reporting persons hold 94,373,170 Exchangeable Units, representing approximately 21.3% of the class (calculated based on 348,758,065 common shares outstanding plus the shares issuable upon exchange of the reporting persons' units). This is a decrease from the previously reported 99,157,902 shares and 22.1% ownership stake. The reporting persons maintain shared voting and dispositive power over the remaining units.