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Erlinger, McDonald’s USA president, sells $104k in MCD stock
Joseph M. Erlinger, President of McDonald’s USA, sold 333 shares of McDonald’s common stock for approximately $104,385. Following this transaction, he directly owns 8,399.89 shares. The sale occurred as McDonald’s stock currently trades at $309.82, with InvestingPro suggesting it is overvalued despite the company having raised its dividend for 50 consecutive years.