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sellWeak cluster of 210b5-1 plan

Joseph M. Erlinger sold $862k of MCD

President, McDonald's USA at MCDONALDS CORP. 2,626 shares at an average of $328.34, traded Mar 10, 2026, filed Mar 11, 2026.

Warning score
21
Value
$862k
2,626 shares
Holdings after
8,733
-23% from before
From 52-week low
+17%
low $276.82, close $323.43
From 52-week high
-3%
high $334.50, as of Mar 10, 2026

Score components

  • Role
    President
    +20
  • Trade size
    $862k at market
    +23
  • Share of holdings sold
    Sold 23% of holdings
    +5
  • Cluster
    2 insiders selling within 14 days
    +8
  • 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.

This signal so far: 1m -6.0%, 3m -12.5%, 6m -21.0%.

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 13, 2026 · close 235.81
Since filing Mar 11, 2026: -26.5%SPY +15.9% · excess -42.4%

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 0001685800-26-000005, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 10, 2026MOption exercise
Common Stock10b5-1
+2,626$157.79$414k11,359Mar 11, 2026
Mar 10, 2026SOpen-market sale
Common Stock10b5-1
-2,626$328.34$862k8,733Mar 11, 2026
Mar 10, 2026MOption exercise
Options (Right to Buy)derivative10b5-1
-2,626$0.00$023,635Mar 11, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
28Weak
MCDsell 210b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$1.5M
5,252 shares
-40%
35Weak
MCDsell 210b5-1
MCDONALDS CORP
Desiree Ralls-Morrison
EVP, Chief Legal Officer
$769k
2,763 shares
-31%
18Weak
MCDsell 210b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$93k
333 shares
-4%
10Weak
MCDsell10b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$101k
333 shares
-4%
12Weak
MCDsell10b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$806k
2,626 shares
-24%
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%
60Notable
MCDsell 4
MCDONALDS CORP
Jonathan Banner
EVP - Chief Impact Officer
$2.1M
6,201 shares
-159%
25Weak
MCDsell 410b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$110k
333 shares
-4%
30Weak
MCDsell 410b5-1
MCDONALDS CORP
Edith Morgan Flatley
EVP - Global CMO
$1.6M
4,692 shares
-43%

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.

Joseph M. Erlinger sold $862k of MCD | InsiderTell