MCD.NYSEMcdonalds CORP

Form 4: McDonald's EVP Marion K. Gross Reports Stock Transactions

Sentiment:

SEC Form 4

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Marion K. Gross, EVP-Chief Supply Chain Officer at McDonald's, reports the acquisition and disposal of company stock and derivative securities.

Summary

  • Marion K. Gross, an EVP-Chief Supply Chain Officer at McDonald's Corporation, filed a Form 4 detailing changes in beneficial ownership.
  • On November 1, 2024, Gross acquired 1,499 shares of common stock at $97.15 per share and disposed of 1,499 shares at $294.51 per share.
  • Following these transactions, Gross directly owns 1,560.39 shares of common stock and indirectly owns 2,236.06 shares through a trust and 12,074.81 shares jointly.
  • Gross also exercised options to acquire 1,499 shares of common stock at an exercise price of $97.15.
  • Following the transaction, Gross directly owns 1,499 options and indirectly owns 9,597.4 phantom stock units through a non-qualified benefit plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
11/01/2024Date of stock acquisition and disposal, and option exercise.
03/16/2025Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
11/05/2024Date of signature by Attorney-in-fact.

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