# EDGAR Filing Document

**Accession Number:** 0002076998
**File Stem:** 0002076998-26-000001
**Filing Date:** 2026-2
**Character Count:** 12009
**Document Hash:** d11825c5cad218b44d03f672ee31cbd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002076998-26-000001.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0002076998-26-000001

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260213

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Baroni Dario
- **CENTRAL INDEX KEY:** 0002076998

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-05231
- **FILM NUMBER:** 26644674

**MAIL ADDRESS:**
- **STREET 1:** 110 NORTH CARPENTER STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60607
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MCDONALDS CORP
- **CENTRAL INDEX KEY:** 0000063908
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 362361282
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**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

## Ex-24

#### POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints each of, Jackson Cates, Annabelle Pereira, Jeffrey Pochowicz, and Desiree Ralls-Morrison, signing singly, as the undersigned's true and lawful attorney-in-fact to:

<sup>(1)</sup> execute for and on behalf of the undersigned, in the undersigned's capacity as an Officer of McDonald's Corporation (the "Company"), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules thereunder, and Form 144 in accordance with Rule 144 under the Securities Act of 1933, as amended;<br>

<sup>(2)</sup> do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, 5 and 144 and timely file such form with the U.S. Securities and Exchange Commission and any stock exchange or similar authority;<br>

<sup>(3)</sup> act, or designate another Company Officer or employee to act, as an account administrator for the undersigned's EDGAR account, including: submit a Form ID on behalf of the undersigned; enroll the undersigned in EDGAR Next; appoint, remove and replace account administrators, account users, and delegated entities; maintain the security of the undersigned's EDGAR account, including modification of access codes; and maintain, modify and certify the accuracy of information on the undersigned's EDGAR account dashboard; and<br>

<sup>(4)</sup> take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.<br>

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended, and Rule 144 under the Securities Act of 1933, as amended.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, 5 and 144 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

[Signature page follows.]

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of <u>July 9, 2025</u>.

---

| | |
|:---|:---|
| <u>/s/ Dario Baroni</u> <br>| Dario Baroni |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Baroni Dario<br><sub>(Last) (First) (Middle)</sub><br>MCDONALD'S CORPORATION<br>110 NORTH CARPENTER STREET<br><sub>(Street)</sub><br>CHICAGO, IL 60607<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-02-13 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President, IDL_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>MCDONALDS CORP [ MCD ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-02-13 |  | M |  | 1879<sup>(1)</sup> | A | 0<sup>(2)</sup> | 1879 | D |  |
| Common Stock | 2026-02-13 |  | M |  | 136<sup>(3)</sup> | A | $0 | 2015 | D |  |
| Common Stock | 2026-02-13 |  | F |  | 901.31 | D | $327.58 | 1113.69 | D |  |
| Common Stock | 2026-02-13 |  | M |  | 517<sup>(4)</sup> | A | 0<sup>(2)</sup> | 1630.69 | D |  |
| Common Stock | 2026-02-13 |  | M |  | 38<sup>(3)</sup> | A | $0 | 1668.69 | D |  |
| Common Stock | 2026-02-13 |  | F |  | 248.25 | D | $327.58 | 1420.44 | D |  |
| Common Stock | 2026-02-13 |  | M |  | 409<sup>(5)</sup> | A | 0<sup>(6)</sup> | 1829.44 | D |  |
| Common Stock | 2026-02-13 |  | M |  | 30<sup>(7)</sup> | A | $0 | 1859.44 | D |  |
| Common Stock | 2026-02-13 |  | F |  | 196.37 | D | $327.58 | 1663.07 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Unit | <sup>(2)</sup> | 2026-02-13 |  | M |  |  | 1879<sup>(1)</sup> | 2026-02-13 | 2026-02-13 | Common Stock | 1879<sup>(1)</sup> | $0 | 0 | D |  |
| Dividend Equivalent Rights | <sup>(3)</sup> | 2026-02-13 |  | M |  |  | 136<sup>(3)</sup> | 2026-02-13 | 2026-02-13 | Common Stock | 136<sup>(3)</sup> | $0 | 0 | D |  |
| Restricted Stock Unit | <sup>(2)</sup> | 2026-02-13 |  | M |  |  | 517<sup>(4)</sup> | 2026-02-13 | 2026-02-13 | Common Stock | 517<sup>(4)</sup> | $0 | 0 | D |  |
| Dividend Equivalent Rights | <sup>(3)</sup> | 2026-02-13 |  | M |  |  | 38<sup>(3)</sup> | 2026-02-13 | 2026-02-13 | Common Stock | 38<sup>(3)</sup> | $0 | 0 | D |  |
| Restricted Stock Unit | <sup>(6)</sup> | 2026-02-13 |  | M |  |  | 409<sup>(5)</sup> | 2026-02-13 | 2026-02-13 | Common Stock | 409<sup>(5)</sup> | $0 | 0 | D |  |
| Dividend Equivalent Rights | <sup>(7)</sup> | 2026-02-13 |  | M |  |  | 30<sup>(7)</sup> | 2026-02-13 | 2026-02-13 | Common Stock | 30<sup>(7)</sup> | $0 | 0 | D |  |
| Restricted Stock Unit | <sup>(2)</sup> | 2026-02-13 |  | A |  | 1069 |  | 2029-02-13 | 2029-02-13 | Common Stock | 1069 | $0 | 1069 | D |  |

---

### Footnotes:

(1) On February 13, 2023, the reporting person was granted 1,879 restricted stock units ("RSUs"), vesting in one installment on the third anniversary of the grant date.

(2) Each RSU represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.

(3) Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.

(4) On February 13, 2023, the reporting person was granted 517 RSUs, vesting in one installment on the third anniversary of the grant date.

(5) As a result of the Company's performance against the pre-approved financial targets for the performance period of January 1, 2023 through December 31, 2025, the reporting person vested in 82.2% of the original grant of 498 performance-based restricted stock units ("PRSUs").

(6) Each PRSU represents a right to acquire one share of the Company's common stock.

(7) Settlement of dividend equivalent rights in connection with vested PRSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.

**Signature:** Jeffrey J. Pochowicz, Attorney-in-fact  
**Date:** 2026-02-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**