Joseph M. Erlinger - 10 Feb 2026 Form 4 Insider Report for MCDONALDS CORP (MCD)

Signature
/s/ Jeffrey J. Pochowicz, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
10 Feb 2026
Net transactions value
-$439,750
Form type
4
Filing time
11 Feb 2026, 15:53:41 UTC
Previous filing
13 Jan 2026
Next filing
17 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Erlinger Joseph M. President, McDonald's USA MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO /s/ Jeffrey J. Pochowicz, Attorney-in-fact 11 Feb 2026 0001685800

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $414,357 +2,626 +49% $157.79 8,024 10 Feb 2026 Direct
transaction MCD Common Stock Sale $854,106 -2,626 -33% $325.25 5,398 10 Feb 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCD Options (Right to Buy) Options Exercise $0 -2,626 -9.1% $0.000000 26,261 10 Feb 2026 Common Stock 2,626 $157.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Options were granted February 19, 2018 and became exercisable in 25% increments on the first, second, third and fourth anniversary of the grant.