McDonald Gillian 4

What Happened

• Gillian McDonald, EVP, Global Restaurant Experience Office at McDonald's, had performance-based RSUs and related derivative rights vest on Feb 13, 2026. The filing shows conversions/exercises of derivative awards (totaling 4,090; 2,231; 296; and 161 share units) and an award/grant of 30,087 shares. To satisfy tax withholding, 2,021.95 shares were withheld/ disposed at $327.58 per share ($662,350) and 1,102.71 shares were withheld at $327.58 ($361,226), totaling about $1,023,576. Several derivative items are recorded as converted/cancelled (zero-dollar derivative entries) consistent with settlement.

Key Details

• Transaction date: Feb 13, 2026; Form 4 filed Feb 17, 2026 (no late filing indicated).
• Prices and tax withholding: withholding executed at $327.58 per share; tax-withheld share totals = 3,124.66 shares for $1,023,576.
• Shares acquired/converted: multiple derivative conversions (4,090; 2,231; 296; 161) and a reported grant/award of 30,087 shares.
• Footnotes: F1 & F4 — vested 82.2% of original performance RSU grants (4,976 and 2,714 units); F2 — each performance RSU = 1 share; F3 — dividend equivalent rights settled as shares; F5 — options vest in 25% annual increments (contextual).
• Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

• These transactions are largely vesting and settlement-related (performance RSUs and dividend equivalents) with shares withheld to cover tax liabilities — commonly a routine administrative step (net/share-withholding), not an open-market sale indicating a trading decision.
• The filing shows conversions/exercises of derivative awards and an award/grant of shares rather than a deliberate open-market sale or purchase.