Form 4: McDonald's EVP Brian S. Rice Reports Stock Transactions
SEC Form 4 Filing
Brian S. Rice, EVP-Global Chief Information Officer of McDonald's Corporation, reports the vesting and conversion of restricted stock units and dividend equivalent rights into common stock.
Summary
- On August 31, 2024, Brian S. Rice, EVP-Global Chief Information Officer of McDonald's Corporation, reported transactions involving McDonald's common stock.
- These transactions included the vesting of 3,964 restricted stock units (RSUs) and 185 dividend equivalent rights, which were converted into common stock.
- The reporting person also disposed of 1,753.91 shares to cover tax obligations.
- Following these transactions, Rice directly owns 5,064.09 shares of McDonald's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports factual transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/31/2022 | Grant date of 7,928 restricted stock units (RSUs) vesting in two equal installments. |
| 08/31/2024 | Vesting of 3,964 restricted stock units (RSUs) and 185 dividend equivalent rights, conversion to common stock, and tax obligation fulfillment. |
| 09/03/2024 | Date of signature by Christopher Weber, Attorney-in-fact. |
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