Form 4: McKesson Corp CEO Brian S. Tyler Reports Stock Transactions
SEC Form 4
Brian S. Tyler, CEO of McKesson Corp, reports the vesting of restricted stock units and related tax withholding.
Summary
- On May 23, 2024, Brian S. Tyler, the CEO of McKesson Corp, reported transactions involving the company's stock.
- He acquired 4,578 shares of common stock upon the vesting of restricted stock units (RSUs).
- Simultaneously, 1,826 shares were withheld to cover taxes related to the RSU vesting at a price of $558.03 per share.
- Following these transactions, Tyler directly owns 89,088 shares of McKesson Corp common stock.
- He also indirectly owns 214.2824 shares through the McKesson Corporation 401(k) Retirement Savings Plan.
- Tyler directly owns 9,158 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not indicate any significant positive or negative sentiment.
Future Outlook
The remaining RSUs will vest in two tranches on May 23, 2025, and May 23, 2026.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of earliest transaction: vesting of RSUs and tax withholding. |
| 05/23/2024 | RSUs vested as to 1/3. |
| 05/23/2025 | RSUs will vest as to 1/3. |
| 05/23/2026 | RSUs will vest as to 1/3. |
| 05/28/2024 | Date of signature by Attorney-in-fact. |
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