McKesson (NYSE: MCK) CFO converts RSUs, withholds 581 shares for taxes
Rhea-AI Filing Summary
McKesson Corporation’s EVP & CFO, Britt J. Vitalone, reported routine equity compensation activity involving Restricted Stock Units (RSUs) and common stock. On May 23, 2026, 1,476 RSUs were exercised into 1,476 shares of common stock, eliminating this RSU position. To cover taxes on the RSU vesting, 581 shares of common stock were withheld at $766.08 per share, described as a tax-withholding disposition rather than an open-market sale. Following these transactions, Vitalone directly held about 21,953.377 shares of McKesson common stock, with an additional 552.2562 shares held indirectly through the McKesson Corporation 401(k) Retirement Savings Plan. Footnotes note that these RSUs vested in three equal installments on May 23, 2024, 2025, and 2026, indicating a scheduled vesting pattern.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 1,476 | $0.00 | -- |
| Exercise | Common Stock | 1,476 | $0.00 | -- |
| Tax Withholding | Common Stock | 581 | $766.08 | $445K |
| holding | Common Stock | -- | -- | -- |
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
Key Terms
Restricted Stock Units (RSUs) financial
tax-withholding disposition financial
Exercise or conversion of derivative security financial
401(k) Retirement Savings Plan financial
FAQ
What did McKesson (MCK) CFO Britt Vitalone report in this Form 4?
He reported routine equity compensation activity, including RSU vesting, conversion to common stock, and related tax withholding. These actions reflect scheduled compensation events, not open-market buying or selling of McKesson shares.
How many McKesson (MCK) RSUs did the CFO convert to common stock?
He converted 1,476 Restricted Stock Units (RSUs) into 1,476 shares of McKesson common stock. This exercise eliminated the reported RSU position, turning the award into directly held shares.
How did the McKesson (MCK) RSUs vest for the CFO?
The RSUs vested in three equal installments: 1/3 on May 23, 2024, 1/3 on May 23, 2025, and 1/3 on May 23, 2026, reflecting a scheduled multi-year vesting pattern.
Was this McKesson (MCK) Form 4 an open-market stock sale by the CFO?
No. The disposition reported is a tax-withholding transaction, where shares were withheld to pay taxes on RSU vesting. It does not represent a discretionary open-market sale of shares.