Form 4: McKesson Corp Executive Rutledge Napoleon B JR Sells Shares Under 10b5-1 Plan

Sentiment:

SEC Form 4 Filing


SVP, Controller & CAO of McKesson Corp, Rutledge Napoleon B JR, sold 543 shares of common stock at $726.51 per share on May 19, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

  • On May 19, 2025, Rutledge Napoleon B JR, SVP, Controller & CAO of McKesson Corp, sold 543 shares of common stock.
  • The sale was executed at a price of $726.51 per share.
  • The transaction was conducted under a pre-existing 10b5-1 trading plan established on February 7, 2025.
  • Following the transaction, Rutledge Napoleon B JR directly owns 1,972 shares of McKesson Corp common stock.
  • Additionally, the reporting person was granted 223 Restricted Stock Units (RSUs) which vest in three equal installments on May 20, 2026, May 20, 2027 and May 20, 2028.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction was pre-planned under a 10b5-1 trading plan and doesn't necessarily reflect the executive's current outlook on the company.

Future Outlook

The executive will continue to receive RSUs that vest over the next three years.

Industry Context

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. Sales under 10b5-1 plans are less indicative of immediate sentiment as they are pre-arranged.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although the 10b5-1 plan mitigates this concern.

Key Dates

DateDescription
02/07/2025Date of adoption of the Rule 10b5-1 trading plan
05/19/2025Date of transaction (sale of common stock)
05/20/2025Date of RSU grant
05/20/2026First vesting date for 1/3 of RSUs
05/20/2027Second vesting date for 1/3 of RSUs
05/20/2028Third vesting date for 1/3 of RSUs
05/21/2025Date of Form 4 filing

Keywords

Form 4, Insider Trading, Stock Sale, McKesson Corp, MCK, Rutledge Napoleon B JR, 10b5-1 plan, Restricted Stock Units, RSUs

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