Lau Michele 4

What Happened

• Michele Lau, EVP and Chief Legal Officer of McKesson, had 677 restricted stock units (RSUs) convert to common shares on May 20, 2026. Of those vested shares, 267 were withheld to cover taxes at a reported per-share value of $754.68 (total withholding value $201,500). The remaining ~410 shares were issued to her.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (filed within the typical two-business-day window).
• Reported entries: code M (exercise/conversion of derivative) for 677 shares acquired at $0.00; code F (payment of tax liability) for 267 shares withheld at $754.68/share (total $201,500).
• Implied total value of the 677 vested shares ≈ $510,918 (677 × $754.68).
• Shares owned after the transaction: not specified in the provided filing extract.
• Footnotes: F1 confirms the 267-share disposition was tax withholding for the RSU vesting; F2 notes 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 was not a market buy or sell signaling intent; it’s a routine vesting event with shares withheld for taxes (a common administrative step). For derivative/RSU transactions, “M” denotes conversion/exercise, and “F” denotes shares withheld to satisfy tax obligations.