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sellModerate cluster of 410b5-1 plan

Christopher J Kempczinski sold $17M of MCD

Chairman and CEO at MCDONALDS CORP. 52,553 shares at an average of $332.45, traded Feb 12, 2026, filed Feb 17, 2026.

Warning score
50
Value
$17M
52,553 shares
Holdings after
22,900
-107% from before
From 52-week low
+18%
low $276.82, close $325.70
From 52-week high
0%
high $325.70, as of Feb 12, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $17.5M at market
    +25
  • Share of holdings sold
    Sold 100% of holdings
    +20
  • Cluster
    4 insiders selling within 14 days
    +15
  • 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 -5.0%, 3m -13.8%, 6m -17.5%.

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 Feb 17, 2026: -26.8%SPY +14.8% · excess -41.6%

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 0001598115-26-000001, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 12, 2026MOption exercise
Common Stock10b5-1
+26,277$128.09$3.4M49,177Feb 17, 2026
Feb 12, 2026SOpen-market sale
Common Stock10b5-1
-26,277$331.35$8.7M22,900Feb 17, 2026
Feb 13, 2026MOption exercise
Common Stock10b5-1
+26,276$128.09$3.4M49,176Feb 17, 2026
Feb 13, 2026SOpen-market sale
Common Stock10b5-1
-26,276$333.54$8.8M22,900Feb 17, 2026
Feb 13, 2026MOption exercise
Common Stock10b5-1
+19,333$0.00$042,233Feb 17, 2026
Feb 13, 2026MOption exercise
Common Stock10b5-1
+1,395$0.00$043,628Feb 17, 2026
Feb 13, 2026FTax withholding
Common Stock10b5-1
-9,183$327.58$3.0M34,446Feb 17, 2026
Feb 12, 2026MOption exercise
Options (Right to Buy)derivative10b5-1
-26,277$0.00$026,276Feb 17, 2026
Feb 13, 2026MOption exercise
Options (Right to Buy)derivative10b5-1
-26,276$0.00$00Feb 17, 2026
Feb 13, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-19,333$0.00$00Feb 17, 2026
Feb 13, 2026MOption exercise
Dividend Equivalent Rightsderivative10b5-1
-1,395$0.00$00Feb 17, 2026
Feb 13, 2026AGrant or award
Options (Right to Buy)derivative10b5-1
+144,416$0.00$0144,416Feb 17, 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%
21Weak
MCDsell 210b5-1
MCDONALDS CORP
Joseph M. Erlinger
President, McDonald's USA
$862k
2,626 shares
-23%
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%

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.

Christopher J Kempczinski sold $17M of MCD | InsiderTell