McKesson (MCK) SVP Napoleon Rutledge reports RSU vesting, 27 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCKESSON CORP executive Napoleon B. Rutledge Jr., SVP, Controller & CAO, reported routine equity compensation activity involving restricted stock units. On May 21, 2026, RSUs converted into 91 shares of common stock, reflecting a compensation-related derivative exercise.
To cover taxes on this vesting, 27 common shares were withheld at $766.50 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Rutledge directly owned 670 shares of McKesson common stock.
The footnotes explain that these RSUs vest in three equal annual installments on May 21, 2025, May 21, 2026, and May 21, 2027, underscoring that the activity is part of a scheduled vesting program rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
91 shares exercised/converted
Mixed
3 txns
Insider
Rutledge Napoleon B JR
Role
SVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 91 | $0.00 | -- |
| Exercise | Common Stock | 91 | $0.00 | -- |
| Tax Withholding | Common Stock | 27 | $766.50 | $21K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 91 shares (Direct);
Common Stock — 697 shares (Direct)
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 5/21/2025, 1/3 on 5/21/2026 and will vest 1/3 on 5/21/2027.
Key Figures
RSU shares vested: 91 shares
Shares withheld for taxes: 27 shares
Withholding price: $766.50/share
+2 more
5 metrics
RSU shares vested
91 shares
Common stock acquired via RSU conversion on May 21, 2026
Shares withheld for taxes
27 shares
Tax-withholding disposition at $766.50 per share
Withholding price
$766.50/share
Value used for tax-withholding disposition of 27 shares
Shares held after transactions
670 shares
Direct McKesson common stock ownership following Form 4 activity
Derivative RSU entry
91 RSUs
Restricted Stock Units linked to 91 underlying common shares
Key Terms
Restricted Stock Units (RSUs), tax-withholding disposition, derivative exercise/conversion, derivative security
4 terms
Restricted Stock Units (RSUs) financial
"These RSUs vested as to 1/3 on 5/21/2025, 1/3 on 5/21/2026 and will vest 1/3 on 5/21/2027."
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
"transaction_action": "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 exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
derivative security financial
"transaction_code_description": "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 transactions did MCK SVP Napoleon B. Rutledge Jr. report?
Napoleon B. Rutledge Jr. reported RSUs converting into 91 McKesson common shares and 27 shares withheld for taxes. These actions reflect routine equity compensation vesting and tax settlement, not open-market buying or selling of MCK stock.
Was the MCK insider activity by Napoleon Rutledge a stock sale or tax withholding?
The activity was tax withholding, not an open-market sale. McKesson withheld 27 shares at $766.50 per share to cover taxes on vested RSUs, a standard mechanism that settles tax obligations without the insider choosing to sell shares in the market.
Did Napoleon Rutledge buy or sell MCK stock on the open market?
The filing does not show any open-market purchases or sales by Napoleon Rutledge. It reports RSUs converting into common shares and 27 shares withheld for taxes, both compensation and tax events rather than discretionary market trades in McKesson stock.