McDonald’s VP settles RSUs and withholds shares
McDonald's Corporation executive Lauren B. Elting, VP – CAO and Corporate Controller, reported transactions related to vested equity awards.
Rhea-AI Filing Summary
McDonald's Corporation executive Lauren B. Elting, VP – CAO and Corporate Controller, reported transactions related to vested equity awards. On August 7, 2026, she exercised derivative awards covering 990 restricted stock units and 48 dividend equivalent rights, receiving the same number of shares of common stock. In a related transaction, 304 shares of common stock were delivered or withheld at $274.48 per share for payment of exercise price or tax liability. A footnote states that 2,970 RSUs were granted on August 7, 2024, vesting in three equal annual installments.
Insider Trade Summary
1,038 shares exercised/converted
Exercise
5 txns
Insider
Elting Lauren B
Role
VP - CAO and Corp Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F1 | 990 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights F3 | 48 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 990 | $0.00 | $0.00 |
| Exercise | Common Stock F3 | 48 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 304 | $274.48 | $83K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Dividend Equivalent Rights — 0 contracts (Direct);
Common Stock — 1,450.9 shares (Direct)
Footnotes (3)
- F1. On August 7, 2024, the reporting person was granted 2,970 restricted stock units ("RSUs"), vesting in three equal installments on the first three anniversaries of the grant date.
- F2. Each RSU represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
- F3. Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
Key Figures
RSUs exercised: 990 shares
Dividend equivalent rights settled: 48 shares
Shares withheld: 304 shares
+3 more
6 metrics
RSUs exercised
990 shares
Restricted stock units converted into common stock on August 7, 2026
Dividend equivalent rights settled
48 shares
Dividend equivalent rights settled into common stock on August 7, 2026
Shares withheld
304 shares
Delivered or withheld for payment of exercise price or tax liability
Withholding price
$274.48 per share
Price used for shares delivered or withheld in code F transaction
RSU grant size
2,970 RSUs
Granted August 7, 2024, vesting in three equal annual installments
Derivative shares exercised
1,038 shares
Total underlying shares from derivative exercises reported in this filing
Key Terms
restricted stock units, dividend equivalent rights, Rule 10b5-1, exercise or conversion of derivative security, +1 more
5 terms
restricted stock units financial
"the reporting person was granted 2,970 restricted stock units ("RSUs"), vesting in three equal"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
payment of exercise price or tax liability financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering or"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did McDonald's (MCD) executive Lauren B. Elting exercise?
Lauren B. Elting exercised 990 restricted stock units and 48 dividend equivalent rights into an equivalent number of McDonald's common shares on August 7, 2026. These transactions reflect settlement of previously granted equity awards as they vested.
Were Lauren B. Elting’s McDonald's (MCD) transactions part of a 10b5-1 plan?
The filing shows the Rule 10b5-1 checkbox as not checked, indicating these transactions were not affirmatively reported as executed under a Rule 10b5-1 trading plan. No separate footnote describes a pre-arranged trading plan.
What are the terms of Lauren B. Elting’s RSU grant at McDonald's (MCD)?
A footnote states she was granted 2,970 restricted stock units on August 7, 2024. These RSUs vest in three equal installments on the first three anniversaries of the grant date, with each RSU representing one share of common stock.
What are dividend equivalent rights in the McDonald's (MCD) Form 4 filing?
The filing explains that each dividend equivalent right is the economic equivalent of one share of McDonald's common stock. On August 7, 2026, 48 dividend equivalent rights were settled into 48 shares of common stock in connection with vested RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
