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MCD - McDonalds Corp

Insider Sale by Erlinger Joseph M. (Pres, McDonald's USA)

1 Month
After Trade
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Trade Summary

Yesterday, Erlinger Joseph M., serving as Pres, McDonald's USA at McDonalds Corp (MCD), sold 333 shares at $313.47 per share, for a total transaction value of $104,386.00. Following this transaction, Erlinger Joseph M. now holds 8,400 shares of MCD.

This sale represents a 4.00% decrease in Erlinger Joseph M.'s stake in the company. This is considered a medium-conviction trade.

The trade was executed on Monday, March 23, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 24, 2026, 1 day after the trade was made.

McDonalds Corp operates in the CONSUMER CYCLICAL sector, specifically within the RESTAURANTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Erlinger Joseph M.

Pres, McDonald's USA

Joseph M. Erlinger is President, McDonald's USA, a role he has held since November 2019, overseeing operations for approximately 14,000 U.S. restaurants with a focus on drive-thru, digital engagement, and the Accelerating the Arches strategy, which has driven over 35% systemwide sales growth.[[1]](https://fintool.com/app/research/companies/MCD/people/joseph-erlinger)[[4]](https://www.mcdonalds.com/us/en-us/about-us/leadership-team/joe-erlinger.html)[[5]](https://corporate.mcdonalds.com/corpmcd/our-company/who-we-are/our-leadership.html) At age 51, with 22 years at McDonald's, he reports to CEO Chris Kempczinski and leads a segment generating $25.9B in 2024 revenues.[[1]](https://fintool.com/app/research/companies/MCD/people/joseph-erlinger)[[3]](https://corporate.mcdonalds.com/corpmcd/our-stories/article/erlinger-new-us-lead.html) Erlinger began his McDonald's career in 2002 in Strategy and New Business Development, advancing to roles like Senior Director & Special Assistant to the CEO, Vice President & General Manager of the Indianapolis Region (600+ restaurants), Managing Director of McDonald's Korea (2013), CFO of High Growth Markets (2015), and President of High Growth Markets (2016-2018), where he oversaw 6,000 restaurants and led the largest re-franchising in company history for China and Hong Kong.[[1]](https://fintool.com/app/research/companies/MCD/people/joseph-erlinger)[[2]](https://theorg.com/org/mcdonalds/org-chart/joe-erlinger)[[4]](https://www.mcdonalds.com/us/en-us/about-us/leadership-team/joe-erlinger.html) Prior to McDonald's, he worked in finance at AT&T and U.S. management consulting; he holds a Finance degree from Georgetown University.[[2]](https://theorg.com/org/mcdonalds/org-chart/joe-erlinger)

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Trade Price

$313.47

Quantity

333

Total Value

$104,386.00

Shares Owned

8,400

Trade Date

Monday, March 23, 2026

1 days ago

SEC Filing Date

Tuesday, March 24, 2026

Filed 1 day after trade

CONSUMER CYCLICALRESTAURANTS

About McDonalds Corp

Company Overview

No company information available
View news mentioning MCD

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