Form 4: McDonald's EVP-Chief Supply Chain Officer Marion K. Gross Reports Stock Transactions
SEC Form 4 Filing
Marion K. Gross, EVP-Chief Supply Chain Officer at McDonald's, reports the exercise of stock options and subsequent sale of shares on September 3, 2024.
Summary
- On September 3, 2024, Marion K. Gross, the EVP-Chief Supply Chain Officer of McDonald's Corporation, executed transactions involving McDonald's common stock.
- Gross exercised options to acquire 1,498 shares of common stock at a price of $97.15 per share.
- Simultaneously, Gross sold 1,498 shares at a price of $286.36 per share.
- Following these transactions, Gross directly owns 1,560.39 shares of common stock.
- Gross also indirectly owns 2,236.06 shares through a trust and 12,075.78 shares jointly.
- Additionally, Gross indirectly holds 9,566.89 shares of phantom stock through a non-qualified benefit plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The filing provides transparency to stakeholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of stock option exercise and sale of shares. |
| 03/16/2025 | Expiration date of the options. |
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