Insider trade

Officer reported a non-open-market transaction in MCD

Traded Nov 24, 2025 · Filed Nov 26, 2025

McDonald'sMCD

1,639.88
Derivative units · @ $304.90

Why it stands out

Not classified as an open-market trade.

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 24, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 26, 2025

OfficerIndirect holdingOther

Context

Classification

other

Code I — not an open-market trade

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0000063908-25-000068

Filed / recorded

Nov 26, 2025, 7:41 PM 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

Desiree Ralls-morrison

Relationship

Officer

Officer title

EVP, Chief Legal Officer

Security

Phantom Stock

Table

Derivative (Table II)

Transaction date

Nov 24, 2025

Transaction code

I

Shares / units

1,639.88

Price per share

$304.90

Acquired / disposed

Acquired (A)

Shares owned after

1,728.07

Ownership form

Indirect — Non-Qualified Benefit Plan

Amendment

No

Footnotes from the filing

Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.
Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.

Around the same time

Officer sold

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

10mo ago

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

More Official record

Officer sold

~$207KReported value · 658 sh @ $315.00

10mo ago

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

More Official record

Julie Johnson sold

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

10mo ago

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

More Official record