Insider trade

Officer sold ~$110K of MCD shares in the open market

Traded Feb 23, 2026 · Filed Feb 25, 2026

McDonald'sMCD

~$110K
Reported value · 333 sh @ $330.43: 8,732.89
Holds after · shares reported: -30.3%
stock since the trade · S&P 500 +13.6%, $334.56 → $233.04 on Oct 5

Why it stands out

McDonald's's President, McDonald's USA sold $110K 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 23, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 25, 2026

Officer$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$110,033

Shares × reported transaction price

Timing vs results

12 days after results of Feb 11, 2026, 73 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 $334.56 on Feb 23, 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 $334.56 (Feb 23, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $308.88 on Jan 8, 2026. 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	-2.1%	-1.2%	-1.0%
30 days	-7.8%	-8.3%	+0.6%
90 days	-16.0%	+8.9%	-24.9%
180 days	-19.9%	+11.1%	-31.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001685800-26-000003
Filed / recorded: Feb 25, 2026, 4:43 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: Feb 23, 2026
Transaction code: S
Shares / units: 333
Price per share: $330.43
Acquired / disposed: Disposed (D)
Shares owned after: 8,732.89
Ownership form: Direct
Amendment: No

Around the same time

Officer sold7mo ago

~$104KReported value · 333 sh @ $313.47

McDonald's's President, McDonald's USA sold $104K of McDonald's shares. Nobody planned it ahead of time.

Why it stands out Official record

Officer sold7mo ago

~$194KReported value · 600 sh @ $323.77

McDonald's's President, IDL sold $194K of McDonald's shares. Nobody planned it ahead of time.

Why it stands out Official record

7mo ago

2,626Shares · @ $157.79

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record