• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form DEFA14A filed by McDonald's Corporation

    4/25/25 3:08:06 PM ET
    $MCD
    Restaurants
    Consumer Discretionary
    Get the next $MCD alert in real time by email
    DEFA14A 1 dp228100_defa14a.htm FORM DEFA14A

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 14A

     

    Proxy Statement Pursuant to Section 14(a) of the

    Securities Exchange Act of 1934

     

    Filed by the Registrant ☒              Filed by a Party other than the Registrant ☐

     

    Check the appropriate box:

     

    ☐ Preliminary Proxy Statement
       
    ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
       
    ☐ Definitive Proxy Statement
       
    ☒ Definitive Additional Materials
       
    ☐ Soliciting Material under §240.14a-12

     

    McDonald’s Corporation

    (Name of Registrant as Specified In Its Charter)

     

    N/A

    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

     

    Payment of Filing Fee (Check the appropriate box):

     

    ☒ No fee required.
       
    ☐ Fee paid previously with preliminary materials.
       
    ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

     

     

     

     

    SUPPLEMENT TO PROXY STATEMENT DATED APRIL 7, 2025
    FOR THE ANNUAL SHAREHOLDERS’ MEETING
    TO BE HELD ON MAY 20, 2025

     

    Dear McDonald’s Corporation Shareholders:

     

    You may have seen a recent letter to McDonald’s shareholders from SOC Investment Group (SOC), an organization that works with pension funds sponsored by unions affiliated with the Strategic Organizing Center. We support, encourage and regularly conduct investor engagement, and we welcome the perspectives of shareholders and other stakeholders. However, we were disappointed by several mischaracterizations in SOC’s letter, and we believe that it is necessary to set the record straight.

     

    McDonald’s has meaningfully enhanced its lobbying-related disclosure since shareholders voted on a 2023 lobbying-related shareholder proposal

     

    When shareholders speak, we listen. At our 2023 Annual Shareholders’ Meeting, an advisory shareholder proposal requesting that we issue an annual report on our lobbying activities and expenditures received meaningful support. Notwithstanding that at the time, McDonald’s corporate political policies and disclosures were already ranked “first tier” by the CPA-Zicklin Index of Corporate Political Disclosure and Accountability, we committed to engaging with our shareholders and further enhancing our disclosures based on that feedback.

     

    Accordingly, in 2024, we published the following enhancements to our public policy and engagement disclosures on a dedicated Public Policy Engagement website:

     

    ·A list of the key issue areas on which McDonald’s lobbies policymakers;

    ·An enhanced roadmap of our broader approach to, and philosophy on, lobbying activities involving policymakers. This disclosure includes the Policy on U.S. Political Contribution and Engagement adopted by our Board, which, among other things, provides detail into the reporting and oversight structure for these lobbying activities;

    ·Disclosure of our federal government lobbying activities and expenses through links to the lobbying disclosure reports that McDonald’s files on a quarterly basis with the U.S. federal government;

    ·Information on our state lobbying activities, including a list of the states in which we conduct lobbying and links to the lobbying disclosure reports that McDonald’s files on a periodic basis with those states;

    ·A list of trade associations of which the Company is a member and pays annual dues of $25,000 or more;

    ·A list of McDonald’s corporate political contributions to candidates and non-candidate committees, by amount and year; and

    ·A list of contributions to candidates and non-candidate committees, by amount and year, made by McDonald’s political action committee (PAC). This disclosure also includes a description of the PAC, and the criteria used by the PAC to determine which candidates to consider for support.

     

    McDonald’s is committed to and has been updating these disclosures on a regular basis, and links to federal and state resources provide investors and other stakeholders with access to more extensive, real-time information regarding McDonald’s lobbying activities and expenses.

     

     

     

    McDonald’s disclosure enhancements reflect robust engagement with both SOC and McDonald’s other shareholders

     

    After management and the Board carefully considered the voting results of the 2023 shareholder proposal, we sought shareholder feedback on precisely what types of lobbying-related disclosures would be useful to investors. As described in our proxy statement on page 45, our Board and management team have developed and maintain a robust annual shareholder engagement program. During engagements since the 2023 Annual Shareholders’ Meeting, we have solicited feedback from our largest shareholders on our public policy engagement disclosure. We also assessed broader market practice and consulted with outside advisors. As with other voluntary disclosures, we seek to meet the expectations of our shareholders while balancing additional relevant considerations, including the appropriate use of corporate resources and whether certain disclosures could expose the company to legal or other risks. The public policy disclosure enhancements released in 2024 reflect the feedback we received from shareholders while balancing these considerations.

     

    Contrary to SOC’s assertion that McDonald’s did not engage on the topic of SOC’s lobbying proposal, we have had numerous formal and informal discussions with SOC since the 2023 Annual Shareholders’ Meeting, including discussions after we updated our disclosures in 2024. During these discussions, SOC requested further expansion of our disclosures; however, they did not indicate that our enhanced disclosures were an insufficient response to their proposal. We have listened, and we intend to continue to listen, to SOC’s perspectives. However, we also disagree with SOC’s agenda to dictate specific, overly prescriptive and inappropriately detailed mandates requiring us to follow their requirements in how we report on these issues. We believe it’s important that McDonald’s act in the best interest of all of our shareholders. Notably, since McDonald’s updated its public policy engagement disclosure in 2024, shareholders who have participated in our engagement program have not requested additional lobbying-related disclosure.

     

    Accordingly, we urge you to vote FOR each of the Board’s Director nominees, including Paul Walsh, at our 2025 Annual Shareholders’ Meeting.

     

    Any website references (including hyperlinks) throughout this proxy statement supplement are provided for convenience only, and the content of which is not incorporated by reference into this proxy statement supplement.

     

     

    Get the next $MCD alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $MCD

    DatePrice TargetRatingAnalyst
    6/13/2025Buy → Hold
    Argus
    6/10/2025$260.00Buy → Sell
    Redburn Atlantic
    6/9/2025$324.00Overweight → Equal-Weight
    Morgan Stanley
    6/6/2025$315.00Buy → Hold
    Loop Capital
    5/6/2025Buy → Neutral
    Northcoast
    3/27/2025$335.00 → $340.00Overweight
    KeyBanc Capital Markets
    1/10/2025$311.00 → $334.00Neutral → Buy
    Citigroup
    10/23/2024$290.00 → $285.00Buy → Neutral
    Guggenheim
    More analyst ratings

    $MCD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Weaver Amy E

      4 - MCDONALDS CORP (0000063908) (Issuer)

      7/1/25 3:10:24 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • SEC Form 4 filed by Director Taubert Jennifer L

      4 - MCDONALDS CORP (0000063908) (Issuer)

      7/1/25 3:06:12 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • SEC Form 4 filed by Director Hsu Michael D.

      4 - MCDONALDS CORP (0000063908) (Issuer)

      7/1/25 3:01:53 PM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Circus SE Successfully Acquires Agentic AI Company FullyAI

      FullyAI becomes the core AI intelligence layer powering operational guidance, prediction models, and personalized AI experiences across Circus' robotics and software stack Technology to leverage billions of data points from Circus robotic systems to scale a global intelligence network for its autonomous food systems and nutrition patterns FullyAI's team becomes part of Circus, including new leadership in AI and growth to scale the next phase of intelligent food autonomy Circus SE (XETRA: CA1), a global technology leader in AI-robotics for the food service industry, today announces the successful acquisition of agentic AI company FullyAI, marking a major milestone in its mission to bu

      5/21/25 4:18:00 AM ET
      $GOOGL
      $MCD
      $META
      $TSLA
      Computer Software: Programming Data Processing
      Technology
      Restaurants
      Consumer Discretionary
    • McDONALD'S ANNOUNCES QUARTERLY CASH DIVIDEND

      CHICAGO, May 20, 2025 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on June 16, 2025 to shareholders of record at the close of business on June 2, 2025. Upcoming Communications For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information. About McDonald's McDonald's is

      5/20/25 6:30:00 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • McDONALD'S REPORTS FIRST QUARTER 2025 RESULTS

      Global comparable sales decreased 1.0%; excluding Leap Day in the prior year, global comparable sales were essentially flatSystemwide sales* to loyalty members across 60 loyalty markets were more than $31 billion for the trailing twelve-month period and approximately $8 billion for the quarterCHICAGO, May 1, 2025 /PRNewswire/ -- McDonald's Corporation today announced results for the first quarter ended March 31, 2025. "McDonald's has a 70-year legacy of innovation, leadership, and proven agility, all of which give us confidence in our ability to navigate even the toughest of market conditions and gain market share," said Chairman and CEO Chris Kempczinski. "Consumers today are grappling wit

      5/1/25 7:00:00 AM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • McDonald's downgraded by Argus

      Argus downgraded McDonald's from Buy to Hold

      6/13/25 7:46:22 AM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • McDonald's downgraded by Redburn Atlantic with a new price target

      Redburn Atlantic downgraded McDonald's from Buy to Sell and set a new price target of $260.00

      6/10/25 7:53:39 AM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • McDonald's downgraded by Morgan Stanley with a new price target

      Morgan Stanley downgraded McDonald's from Overweight to Equal-Weight and set a new price target of $324.00

      6/9/25 7:47:39 AM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    Financials

    Live finance-specific insights

    See more
    • Circus SE Successfully Acquires Agentic AI Company FullyAI

      FullyAI becomes the core AI intelligence layer powering operational guidance, prediction models, and personalized AI experiences across Circus' robotics and software stack Technology to leverage billions of data points from Circus robotic systems to scale a global intelligence network for its autonomous food systems and nutrition patterns FullyAI's team becomes part of Circus, including new leadership in AI and growth to scale the next phase of intelligent food autonomy Circus SE (XETRA: CA1), a global technology leader in AI-robotics for the food service industry, today announces the successful acquisition of agentic AI company FullyAI, marking a major milestone in its mission to bu

      5/21/25 4:18:00 AM ET
      $GOOGL
      $MCD
      $META
      $TSLA
      Computer Software: Programming Data Processing
      Technology
      Restaurants
      Consumer Discretionary
    • McDONALD'S ANNOUNCES QUARTERLY CASH DIVIDEND

      CHICAGO, May 20, 2025 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on June 16, 2025 to shareholders of record at the close of business on June 2, 2025. Upcoming Communications For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information. About McDonald's McDonald's is

      5/20/25 6:30:00 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • McDONALD'S REPORTS FIRST QUARTER 2025 RESULTS

      Global comparable sales decreased 1.0%; excluding Leap Day in the prior year, global comparable sales were essentially flatSystemwide sales* to loyalty members across 60 loyalty markets were more than $31 billion for the trailing twelve-month period and approximately $8 billion for the quarterCHICAGO, May 1, 2025 /PRNewswire/ -- McDonald's Corporation today announced results for the first quarter ended March 31, 2025. "McDonald's has a 70-year legacy of innovation, leadership, and proven agility, all of which give us confidence in our ability to navigate even the toughest of market conditions and gain market share," said Chairman and CEO Chris Kempczinski. "Consumers today are grappling wit

      5/1/25 7:00:00 AM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Daniel Kareem bought $40,074 worth of shares (145 units at $276.37) (SEC Form 4)

      4 - MCDONALDS CORP (0000063908) (Issuer)

      2/14/25 4:27:56 PM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    SEC Filings

    See more
    • SEC Form 144 filed by McDonald's Corporation

      144 - MCDONALDS CORP (0000063908) (Subject)

      6/23/25 4:26:20 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • SEC Form 11-K filed by McDonald's Corporation

      11-K - MCDONALDS CORP (0000063908) (Filer)

      6/16/25 4:34:06 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • SEC Form SD filed by McDonald's Corporation

      SD - MCDONALDS CORP (0000063908) (Filer)

      5/29/25 4:56:56 PM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    Leadership Updates

    Live Leadership Updates

    See more
    • Condado Tacos Announces Derrick Pratt as New Chief Executive Officer

      Following his success as Chief Operating Officer at Portillo's, and prior tenure leading world-class operations at Starbucks and McDonald's, Pratt will lead Condado into its next phase of growth Condado Tacos (the "Company"), today announced that after an exhaustive nationwide search it has appointed Derrick Pratt as the Company's next Chief Executive Officer, effective July 1, 2024. "On behalf of the entire Board of Managers, we are thrilled to welcome Derrick as the next CEO of Condado Tacos," said John G. Troiano, Chairman of the Board. "Derrick brings a wealth of experience in running successful growth-oriented restaurant brands and has an exceptionally strong track record of guidin

      6/4/24 9:52:00 AM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • McDonald's and Paramount Among Latest Top-Tier Organizations to Join the Financial Literacy for All Movement

      Leading Companies Commit to Join 10-Year Initiative Seeking to Engage American Families with Financial Literacy Resources, Tools and Education Where They Live, Work, and Learn Financial Literacy for All (FL4A), a national initiative dedicated to embedding financial literacy into the nation's schools, workplaces, communities, and culture, today announced that McDonald's Corporation (NYSE:MCD) and Paramount Global (Nasdaq: PARA, PARAA) have joined a coalition of nearly 50 leading organizations that have committed to the movement. With these new additions, FL4A members now make up more than one-quarter of the companies that comprise the Dow Jones Industrial Average (DJIA) and have committed

      12/8/23 10:45:00 AM ET
      $MCD
      $PARA
      Restaurants
      Consumer Discretionary
      Broadcasting
      Industrials
    • McDonald's USA Appoints Tabassum Zalotrawala as Senior Vice President and Chief Development Officer for US Business

      CHICAGO, March 15, 2023 /PRNewswire/ -- Today, McDonald's USA President Joe Erlinger sent the following message to the McDonald's US System announcing new Senior Vice President and Chief Development Officer, Tabassum Zalotrawala.  The digital CV and headshot for Tabassum Zalotrawala are embedded within this release.  +++  With the announcement of an evolved Accelerating the Arches strategy to grow faster, meet customer expectations, and make our brand even stronger through new restaurant development, we committed to leveraging our position of strength to grow the number of McD

      3/15/23 10:35:00 AM ET
      $MCD
      Restaurants
      Consumer Discretionary

    $MCD
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by McDonald's Corporation (Amendment)

      SC 13G/A - MCDONALDS CORP (0000063908) (Subject)

      2/13/24 5:09:38 PM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed by McDonald's Corporation (Amendment)

      SC 13G/A - MCDONALDS CORP (0000063908) (Subject)

      2/9/23 11:25:14 AM ET
      $MCD
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed

      SC 13G/A - MCDONALDS CORP (0000063908) (Subject)

      2/10/21 11:28:19 AM ET
      $MCD
      Restaurants
      Consumer Discretionary