Form 4: Baroni Dario reports multiple insider transactions in MCD
Rhea-AI Filing Summary
Baroni Dario reported multiple insider transaction types in a Form 4 filing for MCD. The filing lists transactions totaling 8,433 shares at a weighted average price of $327.58 per share. Following the reported transactions, holdings were 1,069 shares.
Positive
- None.
Negative
- None.
Insights
Routine McDonald's executive equity vesting with tax withholding via share delivery.
Dario Baroni, President, IDL at McDonald's, reported multiple RSU and PRSU vestings that were converted into common stock. Footnotes show these awards stem from grants made in 2023 that vest on their third anniversaries or based on performance targets.
The filing notes that 1,879 RSUs and 517 RSUs vested, plus performance-based RSUs where 82.2% of a 498-share target vested. Dividend equivalent rights tied to these awards, each equal to one share economically, were also settled in stock.
Common shares were then withheld at $327.58 per share under code F transactions to satisfy tax liabilities, rather than being sold in the open market. The activity is typical executive compensation timing, with no indication of discretionary buying or selling beyond these plan-driven events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,879 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 136 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 517 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 38 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 409 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 30 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 1,069 | $0.00 | -- |
| Exercise | Common Stock | 1,879 | $0.00 | -- |
| Exercise | Common Stock | 136 | $0.00 | -- |
| Tax Withholding | Common Stock | 901.31 | $327.58 | $295K |
| Exercise | Common Stock | 517 | $0.00 | -- |
| Exercise | Common Stock | 38 | $0.00 | -- |
| Tax Withholding | Common Stock | 248.25 | $327.58 | $81K |
| Exercise | Common Stock | 409 | $0.00 | -- |
| Exercise | Common Stock | 30 | $0.00 | -- |
| Tax Withholding | Common Stock | 196.37 | $327.58 | $64K |
Footnotes (1)
- On February 13, 2023, the reporting person was granted 1,879 restricted stock units ("RSUs"), vesting in one installment on the third anniversary of the grant date. Each RSU represents a right to acquire one share of McDonald's Corporation (the "Company") common stock. 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. On February 13, 2023, the reporting person was granted 517 RSUs, vesting in one installment on the third anniversary of the grant date. As a result of the Company's performance against the pre-approved financial targets for the performance period of January 1, 2023 through December 31, 2025, the reporting person vested in 82.2% of the original grant of 498 performance-based restricted stock units ("PRSUs"). Each PRSU represents a right to acquire one share of the Company's common stock. Settlement of dividend equivalent rights in connection with vested PRSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
