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sellWeak10b5-1 plan

Joseph M. Erlinger sold $805k of MCD

President, McDonald's USA at MCDONALDS CORP. 2,626 shares at an average of $306.58, traded Jan 12, 2026, filed Jan 13, 2026.

Warning score
17
Value
$805k
2,626 shares
Holdings after
5,398
-33% from before
From 52-week low
+12%
low $268.11, close $300.85
From 52-week high
-4%
high $313.50, as of Jan 12, 2026

Score components

  • Role
    President
    +20
  • Trade size
    $805k at market
    +22
  • Share of holdings sold
    Sold 33% of holdings
    +10
  • Cluster
    No other insider selling within 14 days
    0
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MCDOct 9, 2026 · close 235.23
Since filing Jan 13, 2026: -22.5%SPY +13.1% · excess -35.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000063908-26-000024, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jan 12, 2026MOption exercise
Common Stock10b5-1
+2,626$157.79$414k8,024Jan 13, 2026
Jan 12, 2026SOpen-market sale
Common Stock10b5-1
-2,626$306.58$805k5,398Jan 13, 2026
Jan 12, 2026MOption exercise
Options (Right to Buy)derivative10b5-1
-2,626$0.00$028,887Jan 13, 2026

Related signals

Other insiders at MCDONALDS CORP and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
18Weak
MCDsell 210b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$104k
333 shares
-4%
30Weak
MCDsell 210b5-1
MCDONALDS CORP
Dario Baroni
President, IDL
$194k
600 shares
-36%
21Weak
MCDsell 210b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$862k
2,626 shares
-23%
60Notable
MCDsell 3
MCDONALDS CORP
Jonathan Banner
EVP - Chief Impact Officer
$2.1M
6,201 shares
-159%
25Weak
MCDsell 310b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$110k
333 shares
-4%
30Weak
MCDsell 310b5-1
MCDONALDS CORP
Edith Morgan Flatley
EVP - Global CMO
$1.6M
4,692 shares
-43%
33Weak
MCDsell 310b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$854k
2,626 shares
-33%
35Weak
MCDsell 210b5-1
MCDONALDS CORP
Desiree Ralls-Morrison
EVP, Chief Legal Officer
$796k
2,486 shares
-28%
22Weak
MCDsell 310b5-1
MCDONALDS CORP
Edith Morgan Flatley
EVP - Global CMO
$207k
658 shares
-10%
40Moderate
MCDsell 310b5-1
MCDONALDS CORP
Manuel JM Steijaert
EVP - President, IOM
$2.0M
6,567 shares
-59%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.