ERLINGER JOSEPH M. (President, McDonald's USA) exercised options at MCDONALDS CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 2/17/2026ACC: 0001685800-26-000001
Officer· President, McDonald's USA
Since Feb 2026
+29.78K
Net shares
Net buyer
$757.4K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
38.07K acquired · 8.29K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+5.58K
Price / share
—
Trade value
—
% of position
103.3%
2/13/2026
5.40K→10.98K
Common Stock
Direct
Shares
+403.00
Price / share
—
Trade value
—
% of position
3.7%
2/13/2026
10.98K→11.38K
Common Stock
Direct
Shares
−2.31K
Price / share
$327.58
Trade value
$757.44K
% of position
20.3%
2/13/2026
11.38K→9.07K
Total
Net shares
+3.67K
Net value
-$757.44K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/13/2026 | M · Option Exercise | +5.58K | — | — | 103.3% | 5.40K | 10.98K |
| Common Stock Direct | 2/13/2026 | M · Option Exercise | +403.00 | — | — | 3.7% | 10.98K | 11.38K |
| Common Stock Direct | 2/13/2026 | F · Tax Withholding | −2.31K | $327.58 | $757.44K | 20.3% | 11.38K | 9.07K |
| Total | +3.67K | -$757.44K | ||||||
Derivative Transactions3
Restricted Stock Units
Direct
Converts to
Common Stock
5.58K shares
Shares
−5.58K
Strike price
Held after
0.00
Exercisable
—
2/13/2026
Dividend Equilavent Rights
Direct
Converts to
Common Stock
403.00 shares
Shares
−403.00
Strike price
Held after
0.00
Exercisable
—
2/13/2026
Options (Right to Buy)
Direct
Converts to
Common Stock
32.09K shares
Shares
+32.09K
Strike price
327.58
Held after
32.09K
Exercisable
—
2/13/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock5.58K shares | 2/13/2026 | M · Option Exercise | −5.58K | — | 0.00 | |
| Dividend Equilavent Rights Direct | Common Stock403.00 shares | 2/13/2026 | M · Option Exercise | −403.00 | — | 0.00 | |
| Options (Right to Buy) Direct | Common Stock32.09K shares | 2/13/2026 | A · Award | +32.09K | 327.58 | — | 32.09K |