LeAnn B. Smith - May 23, 2024 Form 4 Insider Report for MCKESSON CORP (MCK)

Signature
James Brashear, Attorney-in-fact
Stock symbol
MCK
Transactions as of
May 23, 2024
Transactions value $
-$541,889
Form type
4
Date filed
5/28/2024, 05:32 PM
Previous filing
May 23, 2024
Next filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCK Common Stock Sale -$393K -704 -24.12% $558.09 2.22K May 23, 2024 Direct F1
transaction MCK Common Stock Options Exercise $0 +678 +30.61% $0.00 2.89K May 23, 2024 Direct
transaction MCK Common Stock Tax liability -$149K -267 -9.23% $558.03 2.63K May 23, 2024 Direct F2

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 MCK Restricted Stock Units (RSUs) Options Exercise $0 -678 -33.32% $0.00 1.36K May 23, 2024 Common Stock 678 $0.00 Direct F3
* 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 Sale pursuant to a Rule 10b5-1(c) trading arrangement dated November 3, 2023.
F2 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F3 These RSUs vested as to 1/3 on 5/23/2024 and will vest 1/3 on 5/23/2025 and 1/3 on 5/23/2026.