McKesson (MCK) EVP logs stock sale and RSU vesting activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McKesson Corporation executive Thomas L. Rodgers reported a combination of stock sales, option exercises and tax withholding events. He sold 2,388 shares of common stock in an open-market transaction at $761.09 per share pursuant to a pre-arranged Rule 10b5-1(c) trading plan and now holds 3,090 shares directly.
On the same Form 4, 594 Restricted Stock Units converted into 594 common shares, with 234 of those shares withheld to cover taxes at $766.08 per share. The RSUs vest in three equal installments on May 21, 2025, May 21, 2026 and May 21, 2027, reflecting ongoing equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,388 shares ($1,817,483)
Net Sell
4 txns
Insider
Rodgers Thomas L
Role
EVP, Chief Strategy & BDO
Sold
2,388 shs ($1.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,388 | $761.09 | $1.82M |
| Exercise | Restricted Stock Units (RSUs) | 594 | $0.00 | -- |
| Exercise | Common Stock | 594 | $0.00 | -- |
| Tax Withholding | Common Stock | 234 | $766.08 | $179K |
Holdings After Transaction:
Common Stock — 3,090 shares (Direct, null);
Restricted Stock Units (RSUs) — 0 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. Sale pursuant to a previously adopted plan dated August 18, 2025, in compliance with Rule 10b5-1(c). 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
Open-market sale: 2,388 shares at $761.09/share
RSUs converted: 594 RSUs into 594 common shares
Tax withholding shares: 234 shares at $766.08/share
+2 more
5 metrics
Open-market sale
2,388 shares at $761.09/share
Common Stock sale on May 26, 2026
RSUs converted
594 RSUs into 594 common shares
Derivative exercise/conversion on May 23, 2026
Tax withholding shares
234 shares at $766.08/share
Shares withheld for taxes on RSU vesting
Shares held after sale
3,090 shares
Direct McKesson common stock holdings post-transaction
Net buy/sell shares
2,388 net shares sold
Net buy-sell direction reported as net-sell
Key Terms
Restricted Stock Units (RSUs), Rule 10b5-1(c), tax-withholding disposition, Exercise or conversion of derivative security
4 terms
Restricted Stock Units (RSUs) financial
"The filing reports 594 Restricted Stock Units (RSUs) converting into common stock."
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.
Rule 10b5-1(c) regulatory
"Sale pursuant to a previously adopted plan dated August 18, 2025, 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.
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.
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
FAQ
What insider transactions did McKesson (MCK) EVP Thomas L. Rodgers report?
Thomas L. Rodgers reported an open-market sale of 2,388 McKesson common shares and the vesting and conversion of 594 Restricted Stock Units, alongside 234 shares withheld to cover taxes related to that RSU vesting.
What RSU activity for McKesson (MCK) did the Form 4 disclose?
The filing shows 594 Restricted Stock Units converted into 594 McKesson common shares. Of these, 234 shares were withheld to satisfy tax obligations associated with the vesting of those RSUs, leaving the remainder delivered as common stock.
Were Rodgers’ McKesson (MCK) stock sales under a trading plan?
Yes. The Form 4 footnotes state the 2,388-share sale was executed pursuant to a previously adopted plan dated August 18, 2025, in compliance with Rule 10b5-1(c), indicating the transaction was pre-arranged rather than opportunistic.
How do the McKesson (MCK) RSUs for Rodgers vest over time?
The RSUs referenced in the Form 4 vest in three equal installments: one-third on May 21, 2025, one-third on May 21, 2026, and the final one-third on May 21, 2027, providing staggered, ongoing equity compensation for Rodgers.