Form 4: McDonald's EVP-Chief Supply Chain Officer Marion K. Gross Reports Stock Transactions

Sentiment:

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

DateDescription
09/03/2024Date of stock option exercise and sale of shares.
03/16/2025Expiration date of the options.

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