Insider trade

CFO sold ~$5.31M of MCD shares in the open market

Traded Nov 21, 2025 · Filed Nov 22, 2025

McDonald'sMCD

~$5.31M
Reported value · 17K sh @ $310.00: 26K
Holds after · shares reported: -25.1%
stock since the trade · S&P 500 +15.9%, $309.35 → $231.83 on Oct 1

Why it stands out

The money chief of McDonald's sold $5.31M of McDonald's shares. It happened by itself, for taxes or pay.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 21, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 22, 2025

CFO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$5,311,540

Shares × reported transaction price

Timing vs results

16 days after results of Nov 5, 2025, 82 days before results of Feb 11, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $309.35 on Nov 21, 2025, within 4% of its 52-week high, after a 4% rise over the previous 30 trading days

52-week range $279.74 (Jan 16, 2025) to $321.29 (Mar 7, 2025), 71% of the way up, from 250 adjusted closes. 30 trading days earlier: $297.01 on Oct 10, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references dividend reinvestment

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-0.4%	+1.7%	-2.2%
30 days	+2.8%	+3.2%	-0.5%
90 days	+9.7%	+2.0%	+7.7%
180 days	-8.4%	+12.2%	-20.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0000063908-25-000067
Filed / recorded: Nov 22, 2025, 12:33 AM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: MCDONALDS CORP
Issuer CIK: 63908
Ticker: MCD
Reporting person: Ian Frederick Borden
Relationship: Officer
Officer title: EVP - CFO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 21, 2025
Transaction code: S
Shares / units: 17,134
Price per share: $310.00
Acquired / disposed: Disposed (D)
Shares owned after: 26,353.15
Ownership form: Direct
Amendment: No

Footnotes from the filing

Includes shares acquired through dividend reinvestment.

Around the same time

Officer sold10mo ago

~$796KReported value · 2,486 sh @ $320.00

8,754.01 → 6,268.01 shares held−28% of their stake

McDonald's's Chief Legal Officer sold $796K of McDonald's shares. Nobody planned it ahead of time.

Why it stands out Official record

Officer sold10mo ago

~$207KReported value · 658 sh @ $315.00

6,857.56 → 6,199.56 shares held−10% of their stake

McDonald's's - Global CMO sold $207K of McDonald's shares. Nobody planned it ahead of time.

Why it stands out Official record

10mo ago

Congress trade

$1,001 - $15,000Reported range · official band, not an exact amount

6 different filers disclosed MCD within 90 days. Disclosed 28 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record

Why it stands out

Dates, kept separate

Context

After it was reported

Source receipt

Footnotes from the filing

Around the same time

~$796KReported value · 2,486 sh @ $320.00

~$207KReported value · 658 sh @ $315.00

$1,001 - $15,000Reported range · official band, not an exact amount

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