Insider trade

Officer sold ~$805K of MCD shares in the open market

Traded Jan 12, 2026 · Filed Jan 13, 2026

McDonald'sMCD

~$805K
Reported value · 2,626 sh @ $306.58: 5,398.12
Holds after · shares reported: -24.4%
stock since the trade · S&P 500 +9.9%, $306.75 → $231.83 on Oct 1

Why it stands out

McDonald's's President, McDonald's USA sold $805K 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: Jan 12, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 13, 2026

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$805,079

Shares × reported transaction price

Timing vs results

68 days after results of Nov 5, 2025, 30 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 $306.75 on Jan 12, 2026, within 5% of its 52-week high, after a 2% drop over the previous 30 trading days

52-week range $279.74 (Jan 16, 2025) to $321.29 (Mar 7, 2025), 65% of the way up, from 251 adjusted closes. 30 trading days earlier: $312.40 on Nov 26, 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	-0.8%	-0.7%	-0.1%
30 days	+6.3%	-1.3%	+7.6%
90 days	-1.6%	+0.6%	-2.2%
180 days	-11.5%	+8.5%	-20.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0000063908-26-000024
Filed / recorded: Jan 13, 2026, 6:19 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: Joseph M. Erlinger
Relationship: Officer
Officer title: President, McDonald's USA
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 12, 2026
Transaction code: S
Shares / units: 2,626
Price per share: $306.58
Acquired / disposed: Disposed (D)
Shares owned after: 5,398.12
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades ranging from $304.66 to $307.30 per share. The price reported represents the weighted average sales 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.