Steijaert Manuel JM 4

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.