MCDONALDS CORP — Director's Dealing 2025

Sep 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2025-08-31

Reporting Person: Rice Brian S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-31	Common Stock	M	5508	—	Acquired	10572.09	Direct
2025-08-31	Common Stock	M	394	—	Acquired	10966.09	Direct
2025-08-31	Common Stock	F	2178	$313.54	Disposed	8788.09	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-31	Restricted Stock Units	$	M	5508	Disposed	2025-08-31	Common Stock (5508)	Direct
2025-08-31	Dividend Equivalent Rights	$	M	394	Disposed	2025-08-31	Common Stock (394)	Direct

Footnotes

F1: As a result of McDonald's Corporation's (the "Company") performance against the pre-approved financial targets, the reporting person vested in 170.2% of the original grant of 3,236 performance based restricted stock units ("RSUs").

F2: Each RSU represents a right to acquire one share of the Company's common stock.

F3: Includes shares acquired through dividend reinvestment.

F4: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.