McKesson Corp (NYSE: MCK) SVP converts 136 RSUs, withholds 41 shares
Rhea-AI Filing Summary
McKesson Corp executive Napoleon B. Rutledge Jr., SVP, Controller & Chief Accounting Officer, reported RSU vesting-related share movements on May 23, 2026. 136 Restricted Stock Units converted into common stock, and 41 shares were withheld at $766.08 per share to cover taxes. After these transactions, he directly holds 765 common shares.
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Insider Trade Summary
Net Buyer: 95 shares
Net Buy
3 txns
Insider
Rutledge Napoleon B JR
Role
SVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 136 | $0.00 | $0.00 |
| Exercise | Common Stock | 136 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 41 | $766.08 | $31K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 shares (Direct);
Common Stock — 765 shares (Direct)
Footnotes (2)
- F1. This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
- F2. 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
RSUs Converted: 136.0000 shares
Shares Withheld for Taxes: 41.0000 shares
Tax Withholding Price: $766.0800 per share
+1 more
4 metrics
RSUs Converted
136.0000 shares
Restricted Stock Units converted into common stock on May 23, 2026
Shares Withheld for Taxes
41.0000 shares
Common shares withheld to cover taxes on RSU vesting
Tax Withholding Price
$766.0800 per share
Price for tax-withholding disposition of 41 shares
Post-Transaction Holdings
765 shares
Direct common stock holdings after reported transactions
Key Terms
Restricted Stock Units (RSUs), tax withholding, vesting, derivative security
4 terms
Restricted Stock Units (RSUs) financial
"136 Restricted Stock Units (RSUs) converted 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.
tax withholding financial
"represents a withholding of shares to cover taxes applicable to a vesting of RSUs"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
vesting financial
"These RSUs vested as to 1/3 on 5/23/2024, 1/3 on 5/23/2025 and 1/3 on 5/23/2026."
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.
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 RSU transaction did McKesson (MCK) report for Napoleon B. Rutledge Jr.?
Napoleon B. Rutledge Jr. reported the conversion of 136 Restricted Stock Units (RSUs) into McKesson common stock on May 23, 2026. These RSUs vested over three years, with one-third vesting on 5/23/2024, 5/23/2025 and 5/23/2026, as described in RSU footnotes.
What is Napoleon B. Rutledge Jr.'s role at McKesson (MCK)?
Napoleon B. Rutledge Jr. is McKesson’s Senior Vice President, Controller & Chief Accounting Officer. This officer title is listed in the insider reporting information, indicating he is an executive-level insider whose equity transactions and holdings are subject to ongoing public disclosure requirements.
Over what period did the reported RSUs for McKesson (MCK) vest?
The RSUs involved in this transaction vested in three equal installments: 1/3 on 5/23/2024, 1/3 on 5/23/2025 and 1/3 on 5/23/2026. This staged vesting schedule is outlined in the RSU-related footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.