Summary by Futu AI
Joseph M. Erlinger, President of McDonald's USA, completed a sale of 1,099 shares of McDonald's Corporation (MCD) common stock on May 23, 2024. The transaction was executed at a price of $265.13 per share, resulting in a total sale value of $291,377.87. Following the sale, Erlinger's direct holdings in the company amount to 15,878.34 shares. The sale took place through an open market transaction, indicating a standard practice of stock disposal by corporate insiders.