Edith Morgan Flatley - 12 Feb 2026 Form 4 Insider Report for MCDONALDS CORP (MCD)

Signature
/s/ Jeffrey J. Pochowicz, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
12 Feb 2026
Net transactions value
-$1,073,973
Form type
4
Filing time
17 Feb 2026, 19:47:11 UTC
Previous filing
15 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Flatley Edith Morgan EVP - Global CMO MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO /s/ Jeffrey J. Pochowicz, Attorney-in-fact 17 Feb 2026 0001962944

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $740,351 +4,692 +76% $157.79 10,892 12 Feb 2026 Direct
transaction MCD Common Stock Sale $1,553,052 -4,692 -43% $331.00 6,200 12 Feb 2026 Direct
transaction MCD Common Stock Options Exercise $0 +1,859 +30% $0.000000 8,059 13 Feb 2026 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +135 +1.7% $0.000000 8,194 13 Feb 2026 Direct F3
transaction MCD Common Stock Tax liability $261,271 -798 -9.7% $327.58 7,396 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 Options (Right to Buy) Options Exercise $0 -4,692 -100% $0.000000 0 12 Feb 2026 Common Stock 4,692 $157.79 Direct F4
transaction MCD Restricted Stock Units Options Exercise $0 -1,859 -100% $0.000000 0 13 Feb 2026 Common Stock 1,859 Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -135 -100% $0.000000 0 13 Feb 2026 Common Stock 135 Direct F3
transaction MCD Options (Right to Buy) Award $0 +26,076 $0.000000 26,076 13 Feb 2026 Common Stock 26,076 $327.58 Direct F5
* 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 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 2,262 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 were granted on February 19, 2018 and became exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F5 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.