Massivemarkets

SEC Form 4

McDonald's Corporation (MCD) insider trading

In the 12 months to Oct 24, 2026, 8 MCD insiders reported open-market sales of $40.5M across 20 filings; no open-market purchases were filed.

Latest filing · Last 12 months · Source: SEC EDGAR · How we count

Open-market sales
$40.5M
20 filings · 8 insiders
Open-market purchases
$0
0 filings
Pre-arranged sales (10b5-1)
18 of 20
$37.5M of $40.5M sold (92%)

Who traded MCD, and when

  • Sale
  • Sale, pre-arranged (10b5-1)

MCD daily close from Oct 24, 2025 to Oct 23, 2026, between $230.88 and $341.06, last $248.46. 20 sale and 0 purchase filings by 8 insiders, marked at their filing dates. Christopher J. Kempczinski, Chairman and CEO: sold $17.5M across 1 filing, first filed Feb 17, 2026, last Feb 17, 2026. Joseph M. Erlinger, President, McDonald's USA: sold $6.2M across 10 filings, first filed Nov 18, 2025, last Jun 10, 2026. Manuel JM Steijaert, EVP - President, IOM: sold $6.0M across 2 filings, first filed Nov 7, 2025, last Dec 2, 2025. Ian Frederick Borden, EVP - CFO: sold $5.3M across 1 filing, first filed Nov 21, 2025, last Nov 21, 2025. Jonathan Banner, EVP - Chief Impact Officer: sold $2.1M across 1 filing, first filed Feb 25, 2026, last Feb 25, 2026. Edith Morgan Flatley, EVP - Global CMO: sold $1.8M across 2 filings, first filed Dec 15, 2025, last Feb 17, 2026. 2 others: sold $1.8M across 3 filings, first filed Dec 18, 2025, last Jun 1, 2026.

Largest mark · tap a row for others

Christopher J. Kempczinski · Chairman and CEO

Sale $17,470,981

52,553 shares at $332.44 avg

Filed Feb 17, 2026 · traded Feb 12

Pre-arranged (10b5-1) · close on filing date $327.62

MCD daily closelast $248.46

Christopher J. Kempczinski · Chairman and CEO

$17.5M sold

Joseph M. Erlinger · President, McDonald's USA

$6.2M sold

Manuel JM Steijaert · EVP - President, IOM

$6.0M sold

Ian Frederick Borden · EVP - CFO

$5.3M sold

Jonathan Banner · EVP - Chief Impact Officer

$2.1M sold

Edith Morgan Flatley · EVP - Global CMO

$1.8M sold

2 others

$1.8M sold
One row per insider, smaller filers combined; marks sit at the SEC filing date, sized by dollar value.

Has the McDonald's Corporation's CEO sold stock?

Yes. Christopher J. Kempczinski (CEO) sold 52,553 shares ($17.5M) in Feb 2026, all under a pre-arranged 10b5-1 plan.

Open-market trades

20 filings in the last 12 months
InsiderRoleSoldBoughtFilingsPre-arranged (10b5-1)Last filed
Christopher J. KempczinskiChairman and CEO$17.5M—1100% of sales
Joseph M. ErlingerPresident, McDonald's USA$6.2M—1084% of sales
Manuel JM SteijaertEVP - President, IOM$6.0M—2100% of sales
Ian Frederick BordenEVP - CFO$5.3M—1100% of sales
Jonathan BannerEVP - Chief Impact Officer$2.1M—1—
Edith Morgan FlatleyEVP - Global CMO$1.8M—2100% of sales
Desiree Ralls-MorrisonEVP, Chief Legal Officer$1.6M—2100% of sales
Dario BaroniPresident, IDL$194.3K—1100% of sales
Other insider activity (not market trades) · 65 records
  • Option exercises47 records
  • Tax withholding17 records
  • Gifts1 record

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

Build this yourself

This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:

Agent prompt

Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for MCD every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.

How to read this page

Open-market purchase or sale
A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
Pre-arranged (10b5-1)
The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
Filing date
Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.