Summary by Futu AI
Tiffanie L. Boyd, EVP - Chief People Officer at McDonald's Corporation, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on August 19, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, disclosed Boyd's direct ownership of 4,184 shares of McDonald's common stock. Additionally, the form detailed Boyd's holdings in derivative securities, including options and restricted stock units (RSUs) with various exercisable and expiration dates, ranging from 2025 to 2034. The RSUs are subject to performance-based vesting conditions linked to the company's earnings per share growth and return on invested capital, with potential adjustments based on McDonald's total shareholder return relative to the S&P 500 Index. The document was signed by Christopher Weber, Attorney-in-fact, on August 29, 2024.