McDonald's

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-05-28 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: MCDONALDS CORP (MCD) CIK: 0000063908 --- Reporting Owner --- Name: Ralls-Morrison Desiree CIK: 0001723937 Role: Officer (EVP, Chief Legal Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-05-28 | Code: S (Open market sale) Shares: -2,763 | Price: $278.36 Total Value: $769,108.68 Shares Owned After: 6,268.12 | Ownership: D (Direct) Footnotes: [F1] This transaction was executed in multiple trades ranging from $277.60 to $280.19 per share. The price reported represents the weighted average sales price of this trade. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. --- Holdings --- [Holding #1] Security: Phantom Stock Ownership: I (Indirect) Footnotes: [F2] Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock. [F3] Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company. [F3] Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company. [F4] Includes shares acquired through dividend reinvestment. [F4] Includes shares acquired through dividend reinvestment. --- Footnotes (Complete Index) --- F1: This transaction was executed in multiple trades ranging from $277.60 to $280.19 per share. The price reported represents the weighted average sales price of this trade. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. F2: Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock. F3: Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company. F4: Includes shares acquired through dividend reinvestment. --- Signature --- /s/ /s/ Jeffrey J. Pochowicz, Attorney-in-fact (2026-05-30)