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McDonald's USA president reports 3,195-share sale at $305.82

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

McDonald's Corporation (MCD) reported an insider stock sale by a company officer who serves as President, McDonald's USA. On 11/14/2025, the officer sold 3,195 shares of common stock at a price of $305.82 per share. After this transaction, the officer beneficially owns 6,088.12 shares of McDonald's common stock, held directly. The filing is made on Form 4 by a single reporting person and does not report any derivative securities transactions.

Positive

  • None.

Negative

  • None.
Insider Erlinger Joseph M.
Role President, McDonald's USA
Sold 3,195 shs ($977K)
Type Security Shares Price Value
Sale Common Stock 3,195 $305.82 $977K
Holdings After Transaction: Common Stock — 6,088.12 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did McDonald's (MCD) report in this Form 4?

The Form 4 reports that an officer of McDonald's Corporation sold 3,195 shares of common stock on 11/14/2025.

At what price were the McDonald's (MCD) shares sold in the reported transaction?

The reported transaction shows a sale price of $305.82 per share for the 3,195 shares of McDonald's common stock.

How many McDonald's (MCD) shares does the reporting officer own after the sale?

Following the transaction, the officer beneficially owns 6,088.12 shares of McDonald's common stock, held in direct ownership.

What is the role of the reporting person at McDonald's Corporation (MCD)?

The reporting person is identified by role as an officer, serving as President, McDonald's USA.

Does this McDonald's (MCD) Form 4 report any derivative securities transactions?

No derivative securities are reported in this Form 4. Table II for derivative securities is present but contains no transaction entries.

Is the McDonald's (MCD) Form 4 filed by multiple reporting persons?

No. The filing indicates it is a Form filed by one reporting person, not a joint or group 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).
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*
Erlinger Joseph M.
(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)
President, McDonald's USA
3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025
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 11/14/2025 S 3,195 D $305.82 6,088.12 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 11/18/2025
** 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.

Source: View Original Filing on SEC EDGAR