Form 4: McKesson EVP Sells Shares Under 10b5-1 Plan

Sentiment:

Insider Transaction Report


McKesson's EVP & Chief HR Officer, LeAnn B. Smith, sold 190 shares of common stock for $945 each, as part of a pre-arranged 10b5-1 trading plan.

Summary

  • LeAnn B. Smith, Executive Vice President and Chief HR Officer of McKesson Corp (MCK), reported a sale of company common stock.
  • The transaction involved the disposition of 190 shares of common stock.
  • The shares were sold at a price of $945 per share.
  • The sale was executed on February 17, 2026.
  • This transaction was conducted pursuant to a Rule 10b5-1(c) trading plan, which was previously adopted on June 8, 2025.
  • Following this transaction, LeAnn B. Smith beneficially owns 2,989 shares of McKesson Corp common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine insider transaction executed under a pre-arranged 10b5-1 plan, which typically does not carry significant positive or negative implications for the company's stock performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider sales executed under a Rule 10b5-1 plan are pre-scheduled transactions designed to allow insiders to sell shares without being accused of trading on material non-public information. Such sales are common for executive financial planning and typically do not reflect a change in management's immediate outlook on the company's prospects, unlike open market sales not under a 10b5-1 plan.

Key Dates

DateDescription
06/08/2025Date the Rule 10b5-1(c) trading plan was adopted.
02/17/2026Date of the reported transaction (sale of common stock).
02/18/2026Date the Form 4 filing was signed.

Keywords

McKesson, MCK, Insider Sale, Form 4, 10b5-1, Executive Compensation, LeAnn B. Smith

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