MCD SEC Filing News — McDonald's Corporation

Latest SEC filings for McDonald's Corporation (MCD) explained in plain English. Covers insider buying and selling (Form 4), proposed insider sales (Form 144), material company events (8-K), and quarterly & annual reports (10-Q / 10-K). StrongBuyAnalytics provides navigation and brief excerpts or summaries; original filings remain at the SEC/source links and were authored by their filers, not StrongBuyAnalytics. Filing dates shown are source dates. Coverage and detection can be delayed or incomplete because of SEC availability, amendments, parsing, caching, or outages. Latest source filing date shown: 2026-10-02.

McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, frozen desserts, sundaes, soft serve cones, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates franchised restaur…
Sector: Consumer Cyclical Industry: Restaurants Market Cap: $171.7B CIK: 63908
20
Total Filings
0
Bullish Classifications
4
Bearish Classifications
11
Insider Transactions
5
Material Events (8-K)
2
Periodic Reports
Rule-based classifications for MCD currently lean bearish. Of the 20 filing records displayed, 4 carry bearish classifications (such as insider sales or negative 8-K disclosures) versus 0 bullish. This does not necessarily signal fundamental deterioration — insiders sell for many reasons — but it is worth monitoring alongside the company's core financial metrics.
MCD Filing Activity Snapshot 2026-04-23 — 2026-10-02
Insider Transactions (Form 4)
0 buys vs 4 sells
Net insider selling in this period — insiders sell for many reasons beyond conviction.
Largest Form 144 Filing
$1.49M
Erlinger Joseph M. (President, McDonald's USA) · 2026-06-10
5,252 shares · Form 4
Form 144 Notices
2
Proposed insider sales filed — Form 144 is a notice of intent, not a confirmed transaction. Actual sales are confirmed via Form 4.
Insider Transactions 11 · Forms 3, 4 and 5

A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for McDonald's Corporation.

The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.

Across the 11 insider filings shown, the breakdown is 6 compensation award, 4 open-market sale and 1 option exercise. 4 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.

What each transaction type means

Compensation award ×6
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Open-market sale ×4
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Option exercise ×1
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Form 4 Compensation award Tax / Compensation Filing 2026-10-02

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Dean Lloyd H (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award derivative · Phantom Stock 156 $230.94 $36.0K
Filing: Form 4 (Insider Transaction) Insider: Dean Lloyd H (Director)
Form 4 Compensation award Tax / Compensation Filing 2026-10-02

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Taubert Jennifer L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award derivative · Phantom Stock 129 $230.94 $29.8K
Filing: Form 4 (Insider Transaction) Insider: Taubert Jennifer L (Director)
Form 4 Compensation award Tax / Compensation Filing 2026-10-02

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Hsu Michael D. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award derivative · Phantom Stock 129 $230.94 $29.8K
Filing: Form 4 (Insider Transaction) Insider: Hsu Michael D. (Director)
Form 4 Option exercise Tax / Compensation Filing 2026-08-11

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Elting Lauren B (VP - CAO and Corp Controller) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.

Transactions reported on this filing
Code Nature Shares Price Value
M Option exercise 990 — —
M Option exercise 48 — —
F Tax withholding on vested shares 304 $274.48 $83.4K
M Option exercise derivative · Restricted Stock Unit 990 — —
M Option exercise derivative · Dividend Equivalent Rights 48 — —
Filing: Form 4 (Insider Transaction) Insider: Elting Lauren B (VP - CAO and Corp Controller) Shares: 1,342
Form 4 Compensation award Tax / Compensation Filing 2026-07-02

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Taubert Jennifer L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award derivative · Phantom Stock 96 $310.79 $29.8K
A Compensation award derivative · Phantom Stock 110 $270.31 $29.7K
Filing: Form 4 (Insider Transaction) Insider: Taubert Jennifer L (Director)
Form 4 Compensation award Tax / Compensation Filing 2026-07-02

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Dean Lloyd H (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award derivative · Phantom Stock 116 $310.79 $36.1K
A Compensation award derivative · Phantom Stock 134 $270.31 $36.2K
Filing: Form 4 (Insider Transaction) Insider: Dean Lloyd H (Director)
Form 4 Compensation award Tax / Compensation Filing 2026-07-02

MCD insider Form 4 filed for equity award, exercise, or tax withholding

Hsu Michael D. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award derivative · Phantom Stock 96 $310.79 $29.8K
A Compensation award derivative · Phantom Stock 110 $270.31 $29.7K
Filing: Form 4 (Insider Transaction) Insider: Hsu Michael D. (Director)
Form 4 Open-market sale Insider Selling 2026-06-10

MCD insider Erlinger Joseph M. (President, McDonald's USA) sold 5,252 shares (~$1.49M)

Erlinger Joseph M., listed as President, McDonald's USA at MCDONALDS CORP, reported an open-market sale of 5,252 MCD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
M Option exercise 5,252 $157.79 $828.7K
S Open-market sale 5,252 $284.32 $1.49M
M Option exercise derivative · Options (Right to Buy) 5,252 — —
Filing: Form 4 (Insider Transaction) Insider: Erlinger Joseph M. (President, McDonald's USA) Shares: 5,252 Est. Value: $1.49M
Form 4 Open-market sale Insider Selling 2026-06-01

MCD insider Ralls-Morrison Desiree (EVP, Chief Legal Officer) sold 2,763 shares (~$769.1K)

Ralls-Morrison Desiree, listed as EVP, Chief Legal Officer at MCDONALDS CORP, reported an open-market sale of 2,763 MCD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 2,763 $278.36 $769.1K
Filing: Form 4 (Insider Transaction) Insider: Ralls-Morrison Desiree (EVP, Chief Legal Officer) Shares: 2,763 Est. Value: $769.1K
Form 4 Open-market sale Insider Selling 2026-05-27

MCD insider Erlinger Joseph M. (President, McDonald's USA) sold 333 shares (~$93.3K)

Erlinger Joseph M., listed as President, McDonald's USA at MCDONALDS CORP, reported an open-market sale of 333 MCD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 333 $280.11 $93.3K
Filing: Form 4 (Insider Transaction) Insider: Erlinger Joseph M. (President, McDonald's USA) Shares: 333 Est. Value: $93.3K
Form 4 Open-market sale Insider Selling 2026-04-23

MCD insider Erlinger Joseph M. (President, McDonald's USA) sold 333 shares (~$100.8K)

Erlinger Joseph M., listed as President, McDonald's USA at MCDONALDS CORP, reported an open-market sale of 333 MCD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 333 $302.72 $100.8K
Filing: Form 4 (Insider Transaction) Insider: Erlinger Joseph M. (President, McDonald's USA) Shares: 333 Est. Value: $100.8K
Proposed Insider Sales 2 · Form 144

A Form 144 is a notice of intent to sell restricted or control securities. It is not a record that anything was sold. McDonald's Corporation has 2 such notices in this period.

The distinction matters because a Form 144 is frequently reported as though it were a completed insider sale. The filer may sell all of the shares covered, some of them, or none at all, and there is no obligation to update the notice either way. A sale that is actually executed by an officer or director shows up separately on a Form 4, which is the filing to check before treating a proposed sale as a real one.

Form 144 Proposed Insider Sale 2026-06-10

MCD Form 144 filed for proposed insider sale by JOSEPH ERLINGER (5,252 shares) ~$1.48M

JOSEPH ERLINGER filed a Form 144 with the SEC indicating intent to sell MCD (MCDONALDS CORP) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: JOSEPH ERLINGER Shares: 5,252 Est. Value: $1.48M
Form 144 Proposed Insider Sale 2026-05-26

MCD Form 144 filed for proposed insider sale by JOSEPH ERLINGER (333 shares) ~$94.0K

JOSEPH ERLINGER filed a Form 144 with the SEC indicating intent to sell MCD (MCDONALDS CORP) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: JOSEPH ERLINGER Shares: 333 Est. Value: $94.0K
Material Events 5 · Form 8-K

An 8-K reports a material event in the window between scheduled reports. There are 5 in this period for McDonald's Corporation. Each 8-K names the item number it is filed under, and that number is the fastest way to tell a routine disclosure from a consequential one.

Item 2.02 is an earnings release, Item 5.02 is a change of directors or officers, and Item 1.01 or 2.01 covers a material agreement or a completed acquisition. Item 7.01 and Item 8.01 are the general-purpose disclosure items and carry no fixed meaning on their own.

Form 8-K Material Company Update 2026-09-23

MCD filed 8-K — material company event

MCDONALDS CORP filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-08-04

MCD filed 8-K — material company event

MCDONALDS CORP filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-08-04

MCD filed 8-K — material company event

MCDONALDS CORP filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-05-22

MCD filed 8-K — material company event

MCDONALDS CORP filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-05-07

MCD filed 8-K — material company event

MCDONALDS CORP filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Periodic Reports 2 · Forms 10-K and 10-Q

The periodic reports are where the audited and reviewed financial statements live. This period contains 2 quarterly reports (10-Q) for McDonald's Corporation.

The two are not equivalent in weight. A 10-K is audited by an external firm and includes the full risk factor disclosure, business description and management discussion; a 10-Q is unaudited, reviewed rather than examined, and much shorter. When a figure in a quarterly report is later revised, the annual report is usually where the correction appears.

An amended report — 10-K/A or 10-Q/A — restates or corrects something in the original filing, and is worth reading against the version it replaces.

Form 10-Q Quarterly Report 2026-08-07

MCD filed Quarterly Report (10-Q)

MCDONALDS CORP filed its quarterly report with the SEC. This report includes unaudited financial statements and management discussion for the quarter.

Filing: 10-Q (Quarterly Report)
Form 10-Q Quarterly Report 2026-05-07

MCD filed Quarterly Report (10-Q)

MCDONALDS CORP filed its quarterly report with the SEC. This report includes unaudited financial statements and management discussion for the quarter.

Filing: 10-Q (Quarterly Report)

How we classify McDonald's Corporation's filings

Straight from EDGAR

Each displayed record links to an original source document. StrongBuyAnalytics provides navigation and brief excerpts or summaries, not the filing itself. Parsing may omit context or contain errors, so read the original document in full.

Transaction codes, not guesswork

The nature shown on each insider filing comes from the transaction code the filer entered on the form itself — P for an open-market purchase, A for a compensation award, F for shares withheld to pay tax, M for an option exercise. Where one filing contains several codes, the transaction table lists them line by line.

Why the distinction matters

Insider activity is routinely summarised as buying or selling, which flattens together decisions that mean very different things. Shares withheld for tax on a vesting grant are an automatic administrative step; shares bought on the open market are someone committing their own money at the current price.

What this page does not tell you

A filing records what happened, not why. Form 4 does not always disclose whether a sale was executed under a pre-arranged Rule 10b5-1 plan, and no single filing is a basis for a decision on MCD. Read these alongside the fundamentals rather than in isolation.

Frequently Asked Questions — MCD SEC Filings

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Publisher, sources & limitations — September 15, 2026. StrongBuyAnalytics provides navigation and brief excerpts or summaries for educational use. Original filings remain at SEC EDGAR or other displayed source links; StrongBuyAnalytics does not author them. Filing dates are source dates, not publication dates for this page. Coverage can be delayed, incomplete, amended, or unavailable because of SEC/source availability, parsing, caching, or outages. Verify every material statement in the original filing.
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