McKesson (NYSE: MCK) CAO reports 133-share open-market sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCKESSON CORP senior vice president, controller and chief accounting officer Napoleon B. Rutledge Jr. reported an open-market sale of 133 shares of common stock at $764 per share. After this Form 4 transaction, he holds 632 shares directly. The sale was executed under a previously adopted Rule 10b5-1(c) trading plan dated March 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 133 shares ($101,612)
Net Sell
1 txn
Insider
Rutledge Napoleon B JR
Role
SVP, Controller & CAO
Sold
133 shs ($102K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 133 | $764.00 | $102K |
Holdings After Transaction:
Common Stock — 632 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 133 shares
Sale price: $764 per share
Shares held after transaction: 632 shares
+3 more
6 metrics
Shares sold
133 shares
Open-market sale on June 5, 2026
Sale price
$764 per share
Price for common stock sale
Shares held after transaction
632 shares
Direct holdings following sale
Net buy/sell shares
-133 shares
Net-sell direction in transaction summary
Sell transactions count
1 transaction
Single open-market sale reported
Rule 10b5-1 plan date
March 2, 2026
Previously adopted trading plan date
Key Terms
Rule 10b5-1(c), open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1(c) regulatory
"Sale pursuant to a previously adopted plan dated March 2, 2026, in compliance with Rule 10b5-1(c)."
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"This post-transaction holding amount is explicitly stated in the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MCK (McKesson) report in this Form 4?
McKesson reported that SVP, Controller & CAO Napoleon B. Rutledge Jr. sold 133 shares of common stock. The shares were sold in an open-market transaction at a reported price of $764 per share, according to the Form 4.
Was the MCK insider sale made under a Rule 10b5-1 trading plan?
Yes. The sale was made pursuant to a previously adopted trading plan dated March 2, 2026, in compliance with Rule 10b5-1(c). This indicates the transaction was pre-planned rather than an ad hoc market-timing decision by the insider.
What role does the reporting person hold at MCK (McKesson)?
The reporting person, Napoleon B. Rutledge Jr., serves as senior vice president, controller and chief accounting officer at McKesson. His status as an officer requires public reporting of transactions in McKesson common stock through Form 4 filings.