McKesson (NYSE: MCK) SVP converts RSUs to stock and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McKesson Corp senior vice president and chief accounting officer Napoleon B. Rutledge Jr. reported routine equity compensation activity involving Restricted Stock Units (RSUs). On 2026-05-23, 136 RSUs converted into 136 shares of common stock at a stated price of $0.0000 per share, reflecting a non-cash vesting event. To cover taxes on this vesting, 41 common shares were withheld at $766.08 per share, as noted in the footnotes. After these transactions, Rutledge directly held 806 shares of McKesson common stock. The RSU award had vested in three equal installments on 5/23/2024, 5/23/2025, and 5/23/2026, and following this conversion no RSUs from this grant remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
136 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) | 136 | $0.00 | -- |
| Exercise | Common Stock | 136 | $0.00 | -- |
| Tax Withholding | Common Stock | 41 | $766.08 | $31K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 shares (Direct, null);
Common Stock — 806 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 5/23/2024, 1/3 on 5/23/2025 and 1/3 on 5/23/2026.
Key Figures
RSUs converted to common stock: 136 shares
Shares withheld for taxes: 41 shares
Tax-withholding price: $766.08/share
+2 more
5 metrics
RSUs converted to common stock
136 shares
RSU vesting on 2026-05-23
Shares withheld for taxes
41 shares
Tax-withholding disposition at $766.08 per share
Tax-withholding price
$766.08/share
Used for 41-share withholding
Shares held after transactions
806 shares
Direct McKesson common stock ownership
RSU vesting schedule
1/3 each year
Vested on 5/23/2024, 5/23/2025, 5/23/2026
Key Terms
Restricted Stock Units (RSUs), tax-withholding disposition, derivative exercise/conversion
3 terms
Restricted Stock Units (RSUs) financial
"The RSU award vested in three equal installments on 5/23/2024, 5/23/2025 and 5/23/2026."
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
"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.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
What insider transactions did MCK SVP Napoleon Rutledge report on this Form 4?
Napoleon B. Rutledge Jr. reported the vesting of 136 Restricted Stock Units into common shares and the withholding of 41 shares to cover taxes, resulting in 806 McKesson common shares held directly after the transactions.
Did the MCK insider Form 4 reflect an open-market stock sale or purchase?
The filing did not report any open-market buy or sell. It showed an RSU vesting into 136 common shares and a tax-withholding disposition of 41 shares, which is a mechanical step to satisfy tax obligations, not a discretionary market trade.
How did the reported RSUs for MCK’s Napoleon Rutledge vest over time?
The Restricted Stock Units vested in three equal installments. According to the footnote, one-third vested on May 23, 2024, another third on May 23, 2025, and the final third on May 23, 2026, culminating in the 136-share conversion reported.
Were any RSUs remaining for the MCK insider after this Form 4 event?
For this specific RSU grant, none remained after the reported event. The derivative position shows zero RSUs following the conversion of 136 units into common stock, indicating this particular award has been fully vested and settled.