[Form 4] McDonald's Corporation Insider Trading Activity

Rhea-AI Filing Summary

Edith Morgan Flatley, Executive Vice President and Global CMO of McDonald's Corporation (MCD), reported a sale of 1,000 shares of Common Stock on 09/02/2025 at a price of $315 per share. The filing notes the transaction was made pursuant to a Rule 10b5-1 plan. Following the reported sale, the filing shows 6,857.56 shares beneficially owned.

Positive

• Transaction executed under a 10b5-1 plan, indicating pre-established trading instructions
• Form 4 filed promptly and signed by an authorized attorney-in-fact

Negative

• Insider reduced holdings by 1,000 shares
• Post-transaction beneficial ownership reported as 6,857.56 shares, a relatively small holding

Insights

Financial Analyst

TL;DR: Officer sold 1,000 MCD shares under a 10b5-1 plan; transaction appears routine and small versus typical company float.

The sale of 1,000 shares at $315 is a straightforward disclosure of insider liquidity. The explicit use of a 10b5-1 trading plan reduces likelihood the trade was opportunistic. The post-transaction holding of 6,857.56 shares remains modest in absolute terms; no additional material disclosures accompany this Form 4.

Corporate Governance Expert

TL;DR: Filing documents compliance with Section 16 and shows signature by attorney-in-fact; governance controls appear followed.

The Form 4 includes the required check box indicating a 10b5-1 plan and is signed by an attorney-in-fact, which are standard governance practices for insider transactions. There is no indication of amendments or other related-party transactions in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Flatley Edith Morgan

(Last) (First) (Middle)

MCDONALD'S CORPORATION

110 NORTH CARPENTER STREET

(Street)

CHICAGO IL 60607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MCDONALDS CORP [ MCD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Global CMO

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025		S		1,000	D	$315	6,857.56	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Jeffrey J. Pochowicz, Attorney-in-fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did McDonald's (MCD) insider Edith Morgan Flatley report on 09/02/2025?

The Form 4 reports a sale of 1,000 common shares at $315 per share executed on 09/02/2025.

Was the MCD transaction executed under a trading plan?

Yes. The filer checked the box indicating the transaction was made pursuant to a Rule 10b5-1(c) trading plan.

How many MCD shares does the reporting person own after the sale?

The Form 4 shows 6,857.56 shares beneficially owned following the reported transaction.

Who signed the Form 4 for the reporting person?

The form is signed by /s/ Jeffrey J. Pochowicz, Attorney-in-fact dated 09/02/2025.

Does the Form 4 indicate an amendment or multiple reporting persons?

No. The filing shows no amendment date and indicates the form was filed by one reporting person.