McKesson (MCK) EVP Rodgers exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCKESSON CORP executive Thomas L. Rodgers reported routine equity compensation activity. On 2026-05-20, he exercised 324 shares of Restricted Stock Units (RSUs) into Common Stock at $0.00 per share, a non-cash conversion of previously granted awards.
To cover taxes on the RSU vesting, 128 Common Stock shares were withheld in a tax-withholding disposition, not an open-market sale. After these transactions, he directly held 4,980 Common Stock shares and 650 RSUs. The RSU grant vested one-third on 05/20/2026 and is scheduled to vest one-third on 05/20/2027 and one-third on 05/20/2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
324 shares exercised/converted
Mixed
3 txns
Insider
Rodgers Thomas L
Role
EVP, Chief Strategy & BDO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 324 | $0.00 | -- |
| Exercise | Common Stock | 324 | $0.00 | -- |
| Tax Withholding | Common Stock | 128 | $754.68 | $97K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 650 shares (Direct, null);
Common Stock — 4,980 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 5/20/2026 and will vest 1/3 on 5/20/2027 and 1/3 on 5/20/2028.
Key Figures
RSUs exercised: 324 shares
Tax-withholding shares: 128 shares
Common shares after transactions: 4,980 shares
+3 more
6 metrics
RSUs exercised
324 shares
Common Stock acquired via RSU exercise on May 20, 2026
Tax-withholding shares
128 shares
Common Stock withheld to cover RSU vesting taxes
Common shares after transactions
4,980 shares
Direct McKesson common stock holdings post-Form 4
RSUs remaining
650 RSUs
Restricted Stock Units outstanding after reported vesting
RSU exercise price
$0.00 per share
Conversion price for RSUs into Common Stock
Market price for tax withholding
$754.68 per share
Value used for 128-share tax-withholding disposition
Key Terms
Restricted Stock Units (RSUs), tax-withholding disposition, derivative security, vesting
4 terms
Restricted Stock Units (RSUs) financial
"The security title is listed as "Restricted Stock Units (RSUs)" in the derivative transaction."
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
"The transaction_action field describes this as a "tax-withholding disposition"."
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
"The transaction_code_description notes an "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.
vesting financial
"A footnote states these RSUs vested as to 1/3 on 5/20/2026 and will vest later tranches."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did MCK executive Thomas L. Rodgers report in this Form 4?
Thomas L. Rodgers reported routine equity compensation activity, including the vesting and exercise of RSUs into common stock and a related tax-withholding share disposition. These transactions did not involve any open-market purchases or sales of McKesson (MCK) shares.
What are Thomas L. Rodgers’ McKesson (MCK) holdings after these transactions?
Following the reported transactions, Rodgers directly held 4,980 shares of McKesson common stock and 650 Restricted Stock Units (RSUs). These figures show his remaining equity stake after the RSU exercise and the related tax-withholding share disposition.
How do the McKesson (MCK) RSUs reported here vest over time?
The RSUs reported vested as to one-third on May 20, 2026, with additional vesting of one-third scheduled on May 20, 2027 and the final one-third on May 20, 2028, according to the disclosure footnotes.
Does this McKesson (MCK) Form 4 show any open-market stock sales or purchases?
No, this Form 4 does not show open-market trades. It records the exercise of RSUs into common stock and a related tax-withholding disposition, which are compensation and tax events rather than discretionary buying or selling in the open market.