Form 4: Elting Lauren B reports acquisition/exercise transactions in MCD

Rhea-AI Filing Summary

Elting Lauren B reported acquisition or exercise transactions in a Form 4 filing for MCD. The filing lists transactions totaling 2,407 shares. Following the reported transactions, holdings were 2,407 shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Elting Lauren B

Role VP - CAO and Corp Controller

Type	Security	Shares	Price	Value
Grant/Award	Options (Right to Buy)	2,407	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Options (Right to Buy) — 2,407 shares (Direct); Common Stock — 716.9 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Elting Lauren B

(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)
	VP - CAO and Corp Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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								716.9	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
Options (Right to Buy)	$327.58	02/13/2026		A		2,407		(1)	02/13/2036	Common Stock	2,407	$0	2,407	D

Explanation of Responses:

1. Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

	/s/ Jeffrey J. Pochowicz, Attorney-in-fact	02/17/2026
	** 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 insider transaction did MCD (McDonald’s) report for Lauren B. Elting?

McDonald’s reported that Lauren B. Elting received a grant of stock options on 2,407 shares on February 13, 2026. These options are part of her equity compensation and give her the right to buy McDonald’s common stock in the future.

How do Lauren B. Elting’s new McDonald’s stock options vest?

The 2,407 McDonald’s stock options granted to Lauren B. Elting vest in four equal parts. They become exercisable in 25% increments on the first, second, third, and fourth anniversaries of the February 13, 2026 grant date, encouraging long-term alignment with shareholders.

Is the McDonald’s Form 4 for Lauren B. Elting a stock purchase or sale?

The Form 4 shows a stock option grant to Lauren B. Elting, not a market purchase or sale. Code A indicates a grant, award, or other acquisition of derivative securities, reflecting executive compensation rather than trading in McDonald’s shares on the open market.

How many McDonald’s shares does Lauren B. Elting own after this Form 4?

After the reported transactions, Lauren B. Elting directly owns 716.9 shares of McDonald’s common stock. She also holds stock options on 2,407 shares, which become exercisable over four years following the February 13, 2026 grant date, subject to vesting conditions.

What role does Lauren B. Elting hold at McDonald’s in this Form 4 filing?

In this filing, Lauren B. Elting is identified as an officer of McDonald’s, serving as Vice President – Chief Accounting Officer and Corporate Controller. The disclosed stock option grant represents part of her compensation package as a senior finance executive at the company.