Vitalone Britt J. 4
Research Summary
AI-generated summary
McKesson CFO Britt Vitalone Receives 1,038 RSU Shares; 409 Withheld
What Happened
- Britt J. Vitalone, Executive Vice President & Chief Financial Officer of McKesson (MCK), had 1,038 restricted stock units (RSUs) vest on 2026-05-20. The RSUs converted to 1,038 common shares (derivative exercise/conversion, code M).
- To satisfy tax withholding (code F), 409 of those shares were surrendered at a reported per-share value of $754.68, totaling $308,664. That leaves roughly 629 shares delivered to Vitalone net of withholding.
- This was a vesting/compensation event, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (filed within the 2-business-day window).
- Vesting/conversion reported as derivative exercise/conversion (code M); tax withholding reported as disposition (code F).
- Withheld shares: 409 @ $754.68 = $308,664.
- Net shares received by insider (after withholding): ~629 shares (1,038 vested − 409 withheld).
- Filing excerpt provided does not state total shares owned by Vitalone after the transaction.
- Footnotes: the transaction reflects RSU vesting; these RSUs vest 1/3 on 5/20/2026, then 1/3 on 5/20/2027 and 1/3 on 5/20/2028.
Context
- This is a routine compensation vesting event (RSUs converting to stock). The withholding of shares to cover taxes is common and does not by itself indicate a buy or sell decision about the company.
- Transaction codes: M = exercise/conversion of a derivative (here, RSU-to-share conversion); F = shares withheld to satisfy tax withholding.