Steijaert Manuel JM 4

4 · MCDONALDS CORP · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 18, 2026

McDonald's (MCD) EVP Manuel Steijaert Receives 28,081 RSU Award

What Happened

Manuel JM Steijaert, EVP and President, International Operated Markets (IOM) at McDonald's, received a grant of 28,081 restricted stock units (RSUs) on Feb 13, 2026.
On the same date he converted/vested performance-based RSUs totaling 3,272 shares (82.2% of an original 3,981-unit grant) and received 237 dividend-equivalent shares connected to those vested RSUs.
To satisfy tax withholding, 1,639.32 shares were surrendered/disposed at $327.58 per share for proceeds of approximately $537,008. These transactions are primarily awards/vestings with a routine tax-withholding sale.

Key Details

Transaction date (settlement/vesting/grant): 2026-02-13; Form 4 filed 2026-02-17 (timely).
Shares acquired: 28,081 RSUs (new grant); 3,272 performance-based RSUs vested/converted; 237 dividend-equivalent shares settled. All acquisitions recorded at $0 (typical for RSU vesting/settlement).
Shares disposed: 1,639.32 shares withheld/sold to cover taxes at $327.58 each, totaling ~$537,008 (reported as "F" tax withholding).
Footnotes: F1 — 82.2% vesting of a 3,981 performance-RSU grant; F2 — each performance RSU equals one common share; F3 — 237 dividend equivalents settled as shares; F4 — general note on option vesting schedule (not directly applied here).
Shares owned after transaction: not specified in the provided filing details.

Context

This filing reflects standard compensation events (RSU vesting/award) and a routine tax-withholding disposition, not an open-market sale that signals directional conviction.
For derivative/RSU transactions: vesting converts units into share rights; the tax withholding sale is common and does not necessarily indicate a judgment about the stock.

Form 4

Period: 2026-02-13

EVP - President, IOM

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-13+3,272→ 7,878.1 total
Exercise/Conversion
Common Stock
[F3]
2026-02-13+237→ 8,115.1 total
Tax Payment
Common Stock
2026-02-13$327.58/sh−1,639.32$537,008→ 6,475.78 total
Exercise/Conversion
Restricted Stock Units
[F2][F1]
2026-02-13−3,272→ 0 total
From: 2026-02-13Exp: 2026-02-13→ Common Stock (3,272 underlying)
Exercise/Conversion
Dividend Equivalent Rights
[F3]
2026-02-13−237→ 0 total
From: 2026-02-13Exp: 2026-02-13→ Common Stock (237 underlying)
Award
Options (Right to Buy)
[F4]
2026-02-13+28,081→ 28,081 total
Exercise: $327.58Exp: 2036-02-13→ Common Stock (28,081 underlying)

Footnotes (4)

[F1]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 3,981 performance-based restricted stock units ("RSUs").
[F2]Each performance-based RSU represents a right to acquire one share of the Company's common stock.
[F3]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.
[F4]Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

Signature

/s/ Jeffrey J. Pochowicz, Attorney-in-fact|2026-02-17

1 file