Christopher J. Kempczinski - 12 Feb 2026 Form 4 Insider Report for MCDONALDS CORP (MCD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Feb 2026, 19:47:37 UTC
Prior SEC filing
10 Dec 2025
Next SEC filing
11 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeffrey J. Pochowicz, Attorney-in-fact

Key filing fact

Christopher J. Kempczinski filed Form 4 for MCDONALDS CORP (MCD) on 17 Feb 2026.

Key facts

  • This page summarizes Christopher J. Kempczinski's Form 4 filing for MCDONALDS CORP (MCD).
  • 12 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 17 Feb 2026, 19:47.

Change

  • Previous filing in this sequence was filed on 10 Dec 2025.
  • Current net transaction value: -$13,747,471.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001598115 Primary reporting owner

Kempczinski Christopher J

Relationship
Chairman and CEO, Director
Address
MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO
Signature
/s/ Jeffrey J. Pochowicz, Attorney-in-fact
Signature date
17 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MCD transaction

Common Stock

Options Exercise

Transaction value
$3,365,821
Shares
+26,277
Change %
+115%
Price
$128.09
Shares after
49,177
Date
12 Feb 2026
Ownership
Direct
MCD transaction

Common Stock

Sale

Transaction value
$8,706,884
Shares
-26,277
Change %
-53%
Price
$331.35
Shares after
22,900
Date
12 Feb 2026
Ownership
Direct
Footnotes
F1
MCD transaction

Common Stock

Options Exercise

Transaction value
$3,365,693
Shares
+26,276
Change %
+115%
Price
$128.09
Shares after
49,176
Date
13 Feb 2026
Ownership
Direct
MCD transaction

Common Stock

Sale

Transaction value
$8,764,097
Shares
-26,276
Change %
-53%
Price
$333.54
Shares after
22,900
Date
13 Feb 2026
Ownership
Direct
Footnotes
F2
MCD transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+19,333
Change %
+84%
Price
$0.000000
Shares after
42,233
Date
13 Feb 2026
Ownership
Direct
Footnotes
F3, F4
MCD transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,395
Change %
+3.3%
Price
$0.000000
Shares after
43,628
Date
13 Feb 2026
Ownership
Direct
Footnotes
F5
MCD transaction

Common Stock

Tax liability

Transaction value
$3,008,003
Shares
-9,182
Change %
-21%
Price
$327.58
Shares after
34,446
Date
13 Feb 2026
Ownership
Direct
MCD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
31,842
Date
12 Feb 2026
Ownership
By Trust for children

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MCD transaction Derivative

Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-26,277
Change %
-50%
Price
$0.000000
Shares after
26,276
Date
12 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,277
Exercise price
$128.09
Footnotes
F6
MCD transaction Derivative

Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-26,276
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,276
Exercise price
$128.09
Footnotes
F6
MCD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-19,333
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,333
Exercise price
Footnotes
F3, F4
MCD transaction Derivative

Dividend Equivalent Rights

Options Exercise

Transaction value
$0
Shares
-1,395
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,395
Exercise price
Footnotes
F5
MCD transaction Derivative

Options (Right to Buy)

Award

Transaction value
$0
Shares
+144,416
Change %
Price
$0.000000
Shares after
144,416
Date
13 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
144,416
Exercise price
$327.58
Footnotes
F7
MCD holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,987
Date
12 Feb 2026
Ownership
Non-Qualified Benefit Plan
Underlying class
Common Stock
Underlying amount
4,987
Exercise price
Footnotes
F8, F9, F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

This transaction was executed in multiple trades ranging from $330.00 to $332.29 per share. The price reported represents the weighted average sale price of this trade. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.

Footnote F2

This transaction was executed in multiple trades ranging from $332.50 to $335.22 per share. The price reported represents the weighted average sale price of this trade. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.

Footnote F3

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 23,519 performance-based restricted stock units ("RSUs").

Footnote F4

Each performance-based RSU represents a right to acquire one share of the Company's common stock.

Footnote F5

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.

Footnote F6

Options were granted on March 8, 2017 and became exercisable in 25% increments on the first, second, third and fourth anniversary of the grant.

Footnote F7

Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

Footnote F8

Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.

Footnote F9

Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.

Footnote F10

Includes shares acquired through dividend reinvestment.

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