Insider trade

CEO sold ~$8.71M of MCD shares in the open market

Traded Feb 12, 2026 · Filed Feb 18, 2026

McDonald'sMCD

~$8.71M
Reported value · 26K sh @ $331.35: 23K
Holds after · shares reported: -30.2%
stock since the trade · S&P 500 +12.1%, $332.08 → $231.83 on Oct 1

Why it stands out

The boss of McDonald's sold $8.71M of McDonald's shares. Nobody planned it ahead of time.

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: Feb 12, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 18, 2026

CEO$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$8,706,884

Shares × reported transaction price

Timing vs results

1 day after results of Feb 11, 2026, 84 days before results of May 7, 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 $332.08 on Feb 12, 2026, at its 52-week high, after an 8% rise over the previous 30 trading days

52-week range $285.55 (Jun 25, 2025) to $332.08 (Feb 12, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $308.03 on Dec 30, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.6%	+1.0%	+0.6%
30 days	-5.8%	-5.5%	-0.3%
90 days	-14.4%	+6.9%	-21.3%
180 days	-19.0%	+12.6%	-31.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001598115-26-000001
Filed / recorded: Feb 18, 2026, 12:47 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: Christopher J Kempczinski
Relationship: Director, Officer
Officer title: Chairman and CEO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 12, 2026
Transaction code: S
Shares / units: 26,277
Price per share: $331.35
Acquired / disposed: Disposed (D)
Shares owned after: 22,900.14
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades ranging from $330.00 to $332.29 per share. The price reported represents the weighted average sale price of this trade. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.