MCD MCDONALDS CORP Insider Trading

McDonald's USA President sells 5,252 shares ($1.5M) via scheduled 10b5-1 plan; retains 7,733 shares plus 15,757 options.

Joseph M. Erlinger, President of McDonald's USA, sold 5,252 shares at $284.32 on 2026-06-10 under a pre-arranged 10b5-1 trading plan, generating $1,493,248.64. This is a scheduled transaction, not a discretionary choice, reducing his direct holdings by 40.4% to 7,733 shares while maintaining a material position through 15,757 in-the-money options. Erlinger has executed 5 prior open-market sales at MCD within the past eight months (November 2025 through June 2026), indicating a consistent pattern of liquidity management through his pre-arranged plan. The stock is currently 17.3% below its 52-week high of $341.75, and the company's fundamentals remain solid with $6.5B in quarterly revenue, $2.0B net income, and a 23.14 P/E ratio.

MCD CLO Desiree Ralls-Morrison sold 2,763 shares at $278.36 (2026-05-28) via 10b5-1 plan; stock down -19.9% from 52-week high.

Desiree Ralls-Morrison sold 2,763 shares for $769,108.68 via a pre-arranged 10b5-1 trading plan, reducing her holding from 9,031 to 6,268 shares. Since this is a scheduled trade under a fixed plan, the timing reflects administrative execution rather than discretionary market judgment. The stock has declined -19.9% from its 52-week high of $341.75 and is down -4.5% over the past 30 days and -17.6% over 90 days. Her prior trades at MCD show mixed results: two sells captured subsequent gains (+2.1% and +7.8% over 90 days), while two faced headwinds (-3.5% and +0.2%). Fundamental metrics remain solid with $6.5B quarterly revenue, $2.0B net income, and a P/E of 22.42, though annual revenue growth of +3.7% is moderate.

McDonald's USA President Joseph Erlinger sold 2,626 shares at $307.00 on 2026-04-10, reducing holdings by 23.8%.

Joseph Erlinger, President of McDonald's USA, sold 2,626 shares at $307.00, reducing his holdings from 11,025 to 8,399 shares. At the time of the sale, MCD was trading near its 52-week high, approximately $34 above the current price of $304.51 and $21.45 above the 52-week low of $285.55. Erlinger's prior trades at MCD show mixed timing outcomes: two of three measurable 90-day periods were well-timed (negative returns after the sale), but his most recent MCD sale on 2026-03-10 showed -5.7% 30-day performance, suggesting continued downward momentum. His cross-ticker track record shows a 55.56% well-timed rate across 11 prior sells with modest average returns (+1.5% at 90 days), indicating neither exceptional timing ability nor consistent underperformance.

McDonald's USA President Joseph Erlinger sold 2,626 shares at $328.34 on 2026-03-10, reducing holdings by 23.1% to 8,732 shares.

Joseph Erlinger, President of McDonald's USA, sold 2,626 shares at $328.34, a substantial reduction of 23.1% from his pre-transaction holdings of 11,358 shares. The sale occurred when the stock was trading near its 52-week high of $341.06, just 4.6% below that peak. His prior trades at McDonald's show mixed timing outcomes—while three recent sales (2025-11-14, 2026-01-12, 2026-02-10) occurred within the last five months, only 1 of 3 measurable prior sales at this ticker were well-timed at the 90-day mark, suggesting inconsistent judgment in exit execution. The stock has risen 5.0% over the past 90 days, and his cross-ticker track record shows a 50% well-timed rate on prior sells, indicating his selling discipline is below the threshold for reliable forward signals.

EVP Banner Jonathan sold 6,200 MCD shares for $2,066,596.06; holdings reduced to 2,291 shares (-73.0%)

Banner Jonathan, EVP - Chief Impact Officer, executed 2 separate sales totaling 6,200 shares for $2,066,596.06 at a blended average price of $333.29. The transaction represents a -73.0% reduction in his disclosed holdings, from 8,491 shares to 2,291 shares post-transaction. The sales occurred near the 52-week high ($334.56), with the stock currently at $333.01, suggesting execution near peak valuation. Notably, his prior sell at MCD (2025-02-13) resulted in a +0.0% 90-day return, indicating the stock subsequently held its ground; his cross-ticker track record shows a 0.00% well-timed rate on sells, with an average 90-day return of +0.0% following prior sales.

EVP Global CMO Flatley sold 4,692 MCD shares at $331.00 on 2026-02-12 via pre-arranged 10b5-1 plan.

Edith Morgan Flatley, EVP Global CMO, executed a sale of 4,692 shares for $1,553,052.00 under a pre-arranged 10b5-1 trading plan on 2026-02-12, reducing her holdings from 12,087 shares to 7,395 shares (a 38.8% reduction in pre-transaction holdings). Because this transaction is part of a scheduled 10b5-1 plan rather than a discretionary trade, it reflects a predetermined program established in advance and does not indicate timing-based conviction or concern about valuation. The sale represents a material reduction in her MCD position, though the structured nature of the execution limits the inference investors can draw about her current view of the stock.

McDonald's CEO Kempczinski sells 52,553 shares for $17.5M via scheduled 10b5-1 plan

Christopher J. Kempczinski, Chairman and CEO of McDonald's Corp, executed 2 separate sales totaling 52,553 shares for $17,470,980.99 on 2026-02-12 and 2026-02-13, at an average price of $332.44 per share. The shares sold represent a 60.4% reduction in his holdings, from 86,998 shares to 34,445 shares post-transaction. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled in advance rather than a discretionary decision made in response to current market conditions. As a scheduled disposition under a Rule 10b5-1 plan, this sale carries the neutral signal typical of such predetermined arrangements and does not reflect discretionary timing choices by the executive.

McDonald's USA President Erlinger sells 2,626 shares at $325.25 on 2026-02-10; reduces MCD holdings by 32.7%

Erlinger Joseph M., President of McDonald's USA, sold 2,626 shares for $854,106.50 at $325.25, reducing his MCD holdings from 8,024 to 5,398 shares (-32.7%). The sale occurred near the 52-week high ($327.16), with stock currently at $323.21. At the same-ticker level, his prior four measurable MCD sells showed modest 30-day gains averaging +4.3%, but only 1 of 3 with 90-day outcomes proved well-timed (the sale on 2023-10-23 returned +17.1% at 90 days, while 2023-12-22 returned -2.5%). His cross-ticker track record across 9 prior sells shows a 57.14% well-timed rate with +1.5% average 30-day return and +0.8% average 90-day return—modestly favorable timing discipline. The current transaction's timing near a 52-week peak and the substantial reduction in absolute share count merit observation, though the modest fundamentals context (P/E 27.34, +1.7% annual revenue growth) and relatively concentrated timing pattern at MCD do not signal acute concern.

McDonald's USA President sells 2,626 shares at $306.58; holdings drop 32.7% to 5.4K shares

Joseph M. Erlinger, President of McDonald's USA, sold 2,626 shares on 2026-01-12 at $306.58, reducing his holdings by 32.7% from 8,024 to 5,398 shares. His prior sells at MCD show a mixed timing record: 1 of 4 prior sales was well-timed at the 90-day mark, with individual outcomes ranging from -4.8% to +9.9% in the 30-day window and -2.5% to +17.1% over 90 days. His cross-ticker sell history reflects 8 prior transactions with an average 90-day return of +0.8% and a 57.14% well-timed rate. The stock currently trades at $309.44, down 2.3% over 30 days and off 3.7% from its 52-week high, placing it in the lower range of recent volatility. The sale represents a substantial reduction in executive holdings at a company with $220.4B market cap and a P/E of 26.18.

McDonald's CLO Ralls-Morrison sold 2,486 shares at $320.00 on 2025-12-16; held 6,268 shares post-sale.

Desiree Ralls-Morrison, EVP and Chief Legal Officer, sold 2,486 shares of MCD at $320.00, reducing her holdings by 28.4% to 6,268 shares. At the $320.00 sale price, the stock was 0.5% below its 52-week high of $321.29, reflecting a mature position near peak valuations. Her prior three trades at MCD show mixed timing outcomes: one well-timed sell at the 90-day mark and two poorly timed, with no clear pattern of anticipatory activity. Her cross-ticker track record shows 33.33% of prior sells were well-timed (1 of 3), and her average 90-day return after sells across all tickers was +3.4%, indicating her prior sales were followed by further price increases. This current transaction occurs with the stock up 5.7% over 90 days and trading near multi-year highs, consistent with her historical pattern of selling into strength rather than weakness.