Joseph M. Erlinger - 13 Feb 2026 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
President, McDonald's USA
Signature
/s/ Jeffrey J. Pochowicz, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
13 Feb 2026
Net transactions value
-$757,440
Form type
4
Filing time
17 Feb 2026, 19:46:33 UTC
Previous filing
11 Feb 2026
Next filing
25 Feb 2026
SEC
View on sec.gov

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 17 Feb 2026 0001685800

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $0 +5,577 +103% $0.000000 10,975 13 Feb 2026 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +403 +3.7% $0.000000 11,378 13 Feb 2026 Direct F3
transaction MCD Common Stock Tax liability $757,440 -2,312 -20% $327.58 9,066 13 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 Restricted Stock Units Options Exercise $0 -5,577 -100% $0.000000 0 13 Feb 2026 Common Stock 5,577 Direct F1, F2
transaction MCD Dividend Equilavent Rights Options Exercise $0 -403 -100% $0.000000 0 13 Feb 2026 Common Stock 403 Direct F3
transaction MCD Options (Right to Buy) Award $0 +32,093 $0.000000 32,093 13 Feb 2026 Common Stock 32,093 $327.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of McDonald's Corporation's (the "Company") performance against the pre-approved financial targets for the performance period of January 1, 2023 through December 31, 2025, the reporting person vested in 82.2% of the original grant of 6,785 performance-based restricted stock units ("RSUs").
F2 Each performance-based RSU represents a right to acquire one share of the Company's common stock.
F3 Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
F4 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.