BARONI DARIO (President, IDL) exercised options at MCDONALDS CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 6 exercises

BARONI DARIO

Filed: 2/17/2026ACC: 0002076998-26-000001

InsiderBARONI DARIOCIK 2076998

→

IssuerMCDONALDS CORPCIK 63908

Officer· President, IDL

Since Feb 2026

-276.93

Net shares

Net seller

$440.9K

Total sold

Open market trades

0B · 0S

Total transactions

4.08K acquired · 4.35K disposed

Non-Derivative Transactions9

Common Stock

Direct

M · Option Exercise

+1.88K

Price / share

—

Trade value

—

% of position

New position

2/13/2026

0.00→1.88K

Common Stock

Direct

M · Option Exercise

+136.00

Price / share

—

Trade value

—

% of position

7.2%

2/13/2026

1.88K→2.02K

Common Stock

Direct

F · Tax Withholding

−901.31

Price / share

$327.58

Trade value

$295.25K

% of position

44.7%

2/13/2026

2.02K→1.11K

Common Stock

Direct

M · Option Exercise

+517.00

Price / share

—

Trade value

—

% of position

46.4%

2/13/2026

1.11K→1.63K

Common Stock

Direct

M · Option Exercise

+38.00

Price / share

—

Trade value

—

% of position

2.3%

2/13/2026

1.63K→1.67K

Common Stock

Direct

F · Tax Withholding

−248.25

Price / share

$327.58

Trade value

$81.32K

% of position

14.9%

2/13/2026

1.67K→1.42K

Common Stock

Direct

M · Option Exercise

+409.00

Price / share

—

Trade value

—

% of position

28.8%

2/13/2026

1.42K→1.83K

Common Stock

Direct

M · Option Exercise

+30.00

Price / share

—

Trade value

—

% of position

1.6%

2/13/2026

1.83K→1.86K

Common Stock

Direct

F · Tax Withholding

−196.37

Price / share

$327.58

Trade value

$64.33K

% of position

10.6%

2/13/2026

1.86K→1.66K

Total

Net shares

+1.66K

Net value

-$440.90K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/13/2026	M · Option Exercise	+1.88K	—	—	New position	0.00	1.88K
Common Stock Direct	2/13/2026	M · Option Exercise	+136.00	—	—	7.2%	1.88K	2.02K
Common Stock Direct	2/13/2026	F · Tax Withholding	−901.31	$327.58	$295.25K	44.7%	2.02K	1.11K
Common Stock Direct	2/13/2026	M · Option Exercise	+517.00	—	—	46.4%	1.11K	1.63K
Common Stock Direct	2/13/2026	M · Option Exercise	+38.00	—	—	2.3%	1.63K	1.67K
Common Stock Direct	2/13/2026	F · Tax Withholding	−248.25	$327.58	$81.32K	14.9%	1.67K	1.42K
Common Stock Direct	2/13/2026	M · Option Exercise	+409.00	—	—	28.8%	1.42K	1.83K
Common Stock Direct	2/13/2026	M · Option Exercise	+30.00	—	—	1.6%	1.83K	1.86K
Common Stock Direct	2/13/2026	F · Tax Withholding	−196.37	$327.58	$64.33K	10.6%	1.86K	1.66K
Total			+1.66K		-$440.90K

Derivative Transactions7

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

1.88K shares

−1.88K

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Dividend Equivalent Rights

Direct

M · Option Exercise

Converts to

Common Stock

136.00 shares

−136.00

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

517.00 shares

−517.00

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Dividend Equivalent Rights

Direct

M · Option Exercise

Converts to

Common Stock

38.00 shares

−38.00

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

409.00 shares

−409.00

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Dividend Equivalent Rights

Direct

M · Option Exercise

Converts to

Common Stock

30.00 shares

−30.00

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock

1.07K shares

+1.07K

Strike price

Held after

1.07K

Exercisable

—

2/13/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock1.88K shares	2/13/2026	M · Option Exercise	−1.88K	—	0.00
Dividend Equivalent Rights Direct	Common Stock136.00 shares	2/13/2026	M · Option Exercise	−136.00	—	0.00
Restricted Stock Unit Direct	Common Stock517.00 shares	2/13/2026	M · Option Exercise	−517.00	—	0.00
Dividend Equivalent Rights Direct	Common Stock38.00 shares	2/13/2026	M · Option Exercise	−38.00	—	0.00
Restricted Stock Unit Direct	Common Stock409.00 shares	2/13/2026	M · Option Exercise	−409.00	—	0.00
Dividend Equivalent Rights Direct	Common Stock30.00 shares	2/13/2026	M · Option Exercise	−30.00	—	0.00
Restricted Stock Unit Direct	Common Stock1.07K shares	2/13/2026	A · Award	+1.07K	—	1.07K