McKesson (MCK) EVP LeAnn Smith reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCKESSON CORP executive LeAnn B. Smith reported routine equity compensation activity. On May 21, 2026, she exercised restricted stock units, converting 531 RSUs into 531 shares of common stock at a stated price of $0.00 per share, reflecting a vesting event rather than an open-market purchase.
To cover taxes on the RSU vesting, 209 common shares were disposed of in a tax-withholding transaction at $766.50 per share, according to the filing footnote. After these transactions, she directly held 6,197 shares of common stock and 532 RSUs, indicating this was primarily compensation-related and not a discretionary market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
531 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) | 531 | $0.00 | -- |
| Exercise | Common Stock | 531 | $0.00 | -- |
| Tax Withholding | Common Stock | 209 | $766.50 | $160K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 532 shares (Direct, null);
Common Stock — 6,406 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 5/21/2025, 1/3 on 5/21/2026 and will vest 1/3 on 5/21/2027.
Key Figures
RSUs converted: 531 shares
Tax-withheld shares: 209 shares
Tax withholding price: $766.50 per share
+2 more
5 metrics
RSUs converted
531 shares
RSUs exercised into common stock on May 21, 2026
Tax-withheld shares
209 shares
Shares withheld to cover RSU-related taxes
Tax withholding price
$766.50 per share
Value used for 209-share tax-withholding disposition
Shares held after transaction
6,197 shares
Direct common stock holdings after reported events
RSUs remaining
532 units
Restricted stock units outstanding after vesting and conversion
Key Terms
Restricted Stock Units (RSUs), tax-withholding disposition, Exercise or conversion of derivative security, EVP & Chief HR Officer
4 terms
Restricted Stock Units (RSUs) financial
"security_title": "Restricted Stock Units (RSUs)""
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
EVP & Chief HR Officer financial
"officer_title": "EVP & Chief HR Officer""
FAQ
What did MCK executive LeAnn B. Smith report in this Form 4 filing?
LeAnn B. Smith reported an RSU vesting and related tax withholding. She converted 531 restricted stock units into common shares and had 209 shares withheld to pay taxes, a standard compensation-related event rather than an open-market stock trade.
Is LeAnn B. Smith’s McKesson (MCK) Form 4 a bullish or bearish signal?
The Form 4 mainly reflects routine compensation activity, not a market-timing decision. RSUs vested into 531 common shares, and 209 shares were withheld for taxes, so it does not clearly signal a bullish or bearish view on McKesson’s stock.