McKesson (MCK) HR chief gains shares from RSU vesting as 268 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McKesson executive LeAnn B. Smith, EVP & Chief HR Officer, had 679 shares of Common Stock delivered through the vesting and conversion of Restricted Stock Units (RSUs). This is a compensation-related equity grant rather than an open-market purchase.
To cover associated taxes, 268 shares were withheld at $766.08 per share, which is recorded as a tax-withholding disposition, not a market sale. After these transactions, Smith directly holds 6,608 shares of McKesson common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
679 shares exercised/converted
Mixed
3 txns
Insider
Smith LeAnn B
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 679 | $0.00 | -- |
| Exercise | Common Stock | 679 | $0.00 | -- |
| Tax Withholding | Common Stock | 268 | $766.08 | $205K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 shares (Direct, null);
Common Stock — 6,876 shares (Direct, null)
Footnotes (1)
- This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4. These RSUs vested as to 1/3 on 5/23/2024, 1/3 on 5/23/2025 and 1/3 on 5/23/2026.
Key Figures
RSU shares vested: 679 shares
Shares withheld for taxes: 268 shares
Tax withholding price: $766.08/share
+2 more
5 metrics
RSU shares vested
679 shares
Common Stock delivered from RSU conversion on May 23, 2026
Shares withheld for taxes
268 shares
Tax-withholding disposition at $766.08 per share
Tax withholding price
$766.08/share
Value used for 268-share tax-withholding disposition
Post-transaction holdings
6,608 shares
Common Stock directly owned after transactions
RSU derivative shares converted
679 RSUs
Restricted Stock Units converted into Common Stock
Key Terms
Restricted Stock Units (RSUs), tax-withholding disposition, derivative security
3 terms
Restricted Stock Units (RSUs) financial
"These RSUs vested as to 1/3 on 5/23/2024, 1/3 on 5/23/2025 and 1/3 on 5/23/2026."
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.
tax-withholding disposition financial
"This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did McKesson (MCK) report for LeAnn B. Smith?
McKesson reported that EVP & Chief HR Officer LeAnn B. Smith received 679 shares of Common Stock from vesting RSUs and had 268 shares withheld to cover taxes, leaving her with 6,608 directly held shares.