McDonald's DEF 14A: Executive Compensation Details

Ticker: MCD · Form: DEF 14A · Filed: 2024-04-08T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, annual-filing

Related Tickers: MCD

TL;DR

McDonald's DEF 14A out, exec comp details revealed. Focus on award values.

AI Summary

McDonald's Corporation filed its DEF 14A on April 8, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, including the fair value of awards granted and changes in the value of outstanding awards for both PEO and Non-PEO members. Specific dollar amounts for these awards are detailed within the compensation tables.

Why It Matters

This filing provides transparency into how McDonald's compensates its top executives, which can influence investor perception and corporate governance.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and is not indicative of immediate financial distress or significant new risks.

Key Numbers

2023 — Fiscal Year (Reporting period for executive compensation details.)
2022 — Prior Fiscal Year (Comparative data for executive compensation.)
2021 — Prior Fiscal Year (Comparative data for executive compensation.)

Key Players & Entities

MCDONALDS CORP (company) — Filer
0000063908 (company) — Central Index Key
20240408 (date) — Filing Date
2023-12-31 (date) — Fiscal Year End

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes and provides detailed information about matters to be voted on at an annual or special meeting, including executive compensation.

When was this DEF 14A filing submitted by McDonald's?

This DEF 14A filing was submitted by McDonald's Corporation on April 8, 2024.

What fiscal year does this filing primarily cover?

This filing primarily covers the fiscal year ending December 31, 2023, with comparative data from prior years.

What specific financial data related to compensation is highlighted in the filing?

The filing highlights the fair value of awards granted in the current fiscal year and the change in fair value of outstanding and unvested awards granted in prior fiscal years for both PEO and Non-PEO members.

Where is McDonald's corporate headquarters located?

McDonald's corporate headquarters is located at 110 North Carpenter Street, Chicago, IL 60607.

From the Filing

0001558370-24-004818.txt : 20240408 0001558370-24-004818.hdr.sgml : 20240408 20240408140106 ACCESSION NUMBER: 0001558370-24-004818 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 145 CONFORMED PERIOD OF REPORT: 20240522 FILED AS OF DATE: 20240408 DATE AS OF CHANGE: 20240408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCDONALDS CORP CENTRAL INDEX KEY: 0000063908 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 362361282 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05231 FILM NUMBER: 24829092 BUSINESS ADDRESS: STREET 1: 110 NORTH CARPENTER STREET CITY: CHICAGO STATE: IL ZIP: 60607 BUSINESS PHONE: 630 623 3000 MAIL ADDRESS: STREET 1: 110 NORTH CARPENTER STREET CITY: CHICAGO STATE: IL ZIP: 60607 DEF 14A 1 mcd-20240522xdef14a.htm DEF 14A 0000063908 false DEF 14A 0000063908 6 2023-01-01 2023-12-31 0000063908 5 2023-01-01 2023-12-31 0000063908 4 2023-01-01 2023-12-31 0000063908 3 2023-01-01 2023-12-31 0000063908 2 2023-01-01 2023-12-31 0000063908 1 2023-01-01 2023-12-31 0000063908 2022-01-01 2022-12-31 0000063908 2021-01-01 2021-12-31 0000063908 2020-01-01 2020-12-31 0000063908 mcd:YearEndFairValueOfAwardsGrantedInCurrentFiscalYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000063908 mcd:YearEndFairValueOfAwardsGrantedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000063908 mcd:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000063908 mcd:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000063908 mcd:ChangeInFairValueOfOutstandingAndUnvestedAwardsGrantedInPriorFiscalYearsMember ecd:PeoMember 2023-01-01 2023-12-31 0000063908 mcd:ChangeInFairValueOfOutstandingAndUnvestedAwardsGrantedInPriorFiscalYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000063908 mcd:ChangeInFairValueAsOfVestingDateOfCurrentYearAwardsVestedDuringCurrentYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000063908 mcd:ChangeInFairValueAsOfVestingDateOfCurrentYearAwardsVestedDuringCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000063908 mcd:AdjustmentsForEquityAwardsFailedToMeetPerformanceConditionsMember ecd:PeoMember 2023-01-01 2023-12-31 0000063908 mcd:AdjustmentsForEquityAwardsFailedToMeetPerformanceConditionsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000063908 mcd:YearEndFairValueOfAwardsGrantedInCurrentFiscalYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000063908 mcd:YearEndFairValueOfAwardsGrantedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000063908 mcd:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000063908 mcd:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000063908 mcd:ChangeInFairValueOfOutstandingAndUnvestedAwardsGrantedInPriorFiscalYearsMember ecd:PeoMember 2022-01-01 2022-12-31 0000063908 mcd:ChangeInFairValueOfOutstandingAndUnvestedAwardsGrantedInPriorFiscalYearsMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000063908 mcd:ChangeInFairValueAsOfVestingDateOfCurrentYearAwardsVestedDuringCurrentYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000063908 mcd:ChangeInFairValueAsOfVestingDateOfCurrentYearAwardsVestedDuringCurrentYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000063908 mcd:AdjustmentsForEquityAwardsFailedToMeetPerformanceConditionsMember ecd:PeoMember 2022-01-01 2022-12-31 0000063908 mcd:AdjustmentsForEquityAwardsFailedToMeetPerformanceConditionsMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000063908 mcd:YearEndFairValueOfAwardsGrantedInCurrentFiscalYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000063908 mcd:YearEndFairValueOfAwardsGrantedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000063908 mcd:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2021-0