MCD Form 4 reports multiple insider transactions
McDonald Gillian reported multiple insider transaction types in a Form 4 filing for MCD.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
McDonald Gillian reported multiple insider transaction types in a Form 4 filing for MCD. The filing lists transactions totaling 46,768 shares at a weighted average price of $327.58 per share. Following the reported transactions, holdings were 30,087 shares.
Insider Trade Summary
6,778 shares exercised/converted
Exercise
11 txns
Insider
McDonald Gillian
Role
EVP, Global Rest. Exp. Ofc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,090 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights | 296 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,231 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights | 161 | $0.00 | $0.00 |
| Grant/Award | Options (Right to Buy) | 30,087 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,090 | $0.00 | $0.00 |
| Exercise | Common Stock | 296 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,021.95 | $327.58 | $662K |
| Exercise | Common Stock | 2,231 | $0.00 | $0.00 |
| Exercise | Common Stock | 161 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,102.71 | $327.58 | $361K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Dividend Equivalent Rights — 0 contracts (Direct);
Options (Right to Buy) — 30,087 contracts (Direct);
Common Stock — 7,775.15 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 6,321 to 0 contracts (Direct);
Dividend Equivalent Rights, 457 to 0 contracts (Direct);
Options (Right to Buy), 0 to 30,087 contracts (Direct);
Common Stock, 4,121.81 to 7,775.15 shares (Direct)
Footnotes (5)
- F1. 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 4,976 performance-based restricted stock units ("RSUs").
- F2. Each performance-based RSU represents a right to acquire one share of the Company's 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.
- F4. 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 2,714 performance-based RSUs.
- F5. Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did McDonald’s (MCD) EVP Gillian McDonald report?
Gillian McDonald reported exercises of performance-based restricted stock units and dividend equivalent rights into McDonald’s common stock, plus a large stock option grant. She also disposed of shares coded “F” to cover exercise price or tax liabilities, all reflected as direct ownership changes.
How many McDonald’s (MCD) stock options were granted to Gillian McDonald?
She received a grant of 30,087 McDonald’s stock options described as an option to buy common shares. These options vest in 25% increments on each of the first, second, third, and fourth anniversaries of the grant date, creating a multi-year incentive structure.
Were Gillian McDonald’s McDonald’s (MCD) stock dispositions open-market sales?
The reported dispositions were not open-market sales. They were Form 4 code “F” transactions, meaning shares of McDonald’s common stock were delivered at $327.58 per share to pay the exercise price or satisfy tax withholding obligations tied to equity awards.
What are dividend equivalent rights in the McDonald’s (MCD) Form 4 filing?
Dividend equivalent rights are awards that mirror dividends on McDonald’s common stock. In this filing, they were settled in connection with vested RSUs, with each dividend equivalent right treated as the economic equivalent of one McDonald’s common share, adding to her equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
