MCDONALDS CORP — Director's Dealing 2025

Feb 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2025-02-14

Reporting Person: Erlinger Joseph M. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-14	Common Stock	M	10964	—	Acquired	18851.34	Direct
2025-02-14	Common Stock	M	784	—	Acquired	19635.34	Direct
2025-02-14	Common Stock	F	4718.22	$308.55	Disposed	14917.12	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-14	Restricted Stock Units	$	M	10964	Disposed	2025-02-14	Common Stock (10964)	Direct
2025-02-14	Dividend Equivalent Rights	$	M	784	Disposed	2025-02-14	Common Stock (784)	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 6,442 performance based restricted stock units ("RSUs").

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

F3: 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.