McKesson (MCK) CFO Kenny Cheung receives multi-year RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cheung Kenny K reported acquisition or exercise transactions in this Form 4 filing.
McKesson Corporation EVP & CFO Kenny K. Cheung reported awards of restricted stock units that provide future rights to common shares as part of his compensation. He received 3,019 RSUs and a separate grant of 8,082 RSUs, each tied to McKesson common stock.
The footnote states these RSUs will vest in three equal installments on June 1, 2027, June 1, 2028, and June 1, 2029, creating a multi-year incentive for continued service and performance. The transactions do not reflect open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cheung Kenny K
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 8,082 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSUs) | 3,019 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 8,082 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant 1: 3,019 RSUs
RSU grant 2: 8,082 RSUs
First vesting date: June 1, 2027
+2 more
5 metrics
RSU grant 1
3,019 RSUs
Grant of Restricted Stock Units linked to common stock
RSU grant 2
8,082 RSUs
Additional grant of Restricted Stock Units
First vesting date
June 1, 2027
One-third of RSUs vest
Second vesting date
June 1, 2028
One-third of RSUs vest
Final vesting date
June 1, 2029
Final third of RSUs vest
Key Terms
Restricted Stock Units (RSUs), grant/award acquisition, derivative
3 terms
Restricted Stock Units (RSUs) financial
"These RSUs will vest 1/3 on 6/01/2027, 1/3 on 6/01/2028 and 1/3 on 6/01/2029."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
derivative financial
""transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What did McKesson (MCK) CFO Kenny Cheung report in this Form 4?
McKesson EVP & CFO Kenny Cheung reported awards of restricted stock units, not open-market trades. He received 3,019 RSUs and a separate grant of 8,082 RSUs, each representing future rights to McKesson common shares subject to vesting conditions.
How many restricted stock units did the McKesson (MCK) CFO receive?
The McKesson CFO received two RSU grants: one for 3,019 units and another for 8,082 units. Each RSU corresponds to one share of McKesson common stock, subject to vesting over time as described in the filing’s footnote.
When do Kenny Cheung’s McKesson (MCK) RSUs vest?
The RSUs reported by Kenny Cheung vest in three equal annual installments. According to the footnote, one-third vests on June 1, 2027, another third on June 1, 2028, and the final third on June 1, 2029, assuming continued eligibility.
Does this McKesson (MCK) Form 4 show any stock sales or purchases?
This Form 4 does not show open-market stock sales or purchases. It reports RSU grants coded as “A” for grant or award acquisition, meaning they are compensation-related equity awards rather than discretionary market trades by the McKesson executive.
What type of security was granted to the McKesson (MCK) CFO?
The McKesson CFO received Restricted Stock Units (RSUs), which are derivative awards linked to common stock. Each grant of RSUs can convert into McKesson common shares upon vesting, providing equity compensation without immediate cash outlay or market transactions.