MCDONALDS CORP

Ticker: MCD CUSIP: 580135101 Class: Common Stock

CUTLER INVESTMENT COUNSEL LLC's Holding History (CIK: 0001285973)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 51,082 Value ($000) $15,612 Avg Close $305.09 Range $290.30 - $321.79

Q3 2025

Shares 52,311 Value ($000) $15,897 Avg Close $301.40 Range $286.90 - $317.52

Q2 2025

Shares 52,965 Value ($000) $15,475 Avg Close $303.54 Range $280.19 - $316.26

Q1 2025

Shares 53,286 Value ($000) $16,645 Avg Close $292.89 Range $270.23 - $320.72

Q4 2024

Shares 54,934 Value ($000) $15,925 Avg Close $290.22 Range $275.34 - $308.80

Q3 2024

Shares 56,082 Value ($000) $17,077 Avg Close $266.70 Range $235.19 - $298.17

Q2 2024

Shares 58,044 Value ($000) $14,792 Avg Close $255.04 Range $239.07 - $270.15

Q1 2024

Shares 58,371 Value ($000) $16,458 Avg Close $278.01 Range $265.95 - $288.51

Q4 2023

Shares 58,136 Value ($000) $17,238 Avg Close $258.68 Range $233.05 - $283.22

Q3 2023

Shares 58,697 Value ($000) $15,463 Avg Close $269.51 Range $248.24 - $282.39

Q2 2023

Shares 58,613 Value ($000) $17,491 Avg Close $273.09 Range $262.44 - $282.15

Q1 2023

Shares 59,362 Value ($000) $16,598 Avg Close $250.51 Range $242.11 - $263.34

Q4 2022

Shares 58,924 Value ($000) $15,528 Avg Close $245.25 Range $214.97 - $261.32

Q3 2022

Shares 61,961 Value ($000) $14,297 Avg Close $236.27 Range $213.92 - $247.25

Q2 2022

Shares 62,106 Value ($000) $15,333 Avg Close $226.36 Range $209.53 - $238.22

Q1 2022

Shares 61,519 Value ($000) $15,212 Avg Close $227.78 Range $199.74 - $247.43

Q4 2021

Shares 58,301 Value ($000) $15,629 Avg Close $229.60 Range $214.30 - $246.13

Q3 2021

Shares 57,563 Value ($000) $13,879 Avg Close $215.84 Range $204.35 - $225.88

Q2 2021

Shares 60,799 Value ($000) $14,044 Avg Close $209.30 Range $200.41 - $214.63

Q1 2021

Shares 61,009 Value ($000) $13,675 Avg Close $191.26 Range $181.19 - $204.54

Q4 2020

Shares 60,749 Value ($000) $13,036 Avg Close $193.25 Range $183.72 - $205.66

Q3 2020

Shares 61,032 Value ($000) $13,396 Avg Close $181.40 Range $161.01 - $201.06

Q2 2020

Shares 61,001 Value ($000) $11,253 Avg Close $161.00 Range $135.75 - $178.74

Q1 2020

Shares 62,890 Value ($000) $10,399 Avg Close $171.84 Range $108.80 - $190.08

Q4 2019

Shares 63,175 Value ($000) $12,484 Avg Close $171.93 Range $162.20 - $184.62

Q3 2019

Shares 71,667 Value ($000) $15,388 Avg Close $184.76 Range $177.38 - $190.99

Q2 2019

Shares 72,094 Value ($000) $14,971 Avg Close $169.75 Range $159.68 - $178.93

Q1 2019

Shares 72,404 Value ($000) $13,750 Avg Close $154.59 Range $147.38 - $162.95

Q4 2018

Shares 72,203 Value ($000) $12,821 Avg Close $150.10 Range $136.68 - $161.23

Q3 2018

Shares 74,746 Value ($000) $12,504 Avg Close $134.80 Range $128.54 - $141.76

Q2 2018

Shares 76,732 Value ($000) $12,023 Avg Close $135.53 Range $129.30 - $144.01

Q1 2018

Shares 77,507 Value ($000) $12,121 Avg Close $136.66 Range $122.48 - $148.12

Q4 2017

Shares 77,413 Value ($000) $13,324 Avg Close $138.65 Range $128.37 - $145.70

Q3 2017

Shares 77,430 Value ($000) $12,132 Avg Close $128.65 Range $124.32 - $133.25

Q2 2017

Shares 76,253 Value ($000) $11,679 Avg Close $117.92 Range $104.72 - $127.34

Q1 2017

Shares 75,323 Value ($000) $9,763 Avg Close $101.70 Range $95.50 - $105.98

Q4 2016

Shares 66,827 Value ($000) $8,134 Avg Close $94.30 Range $88.47 - $100.20

Q3 2016

Shares 66,605 Value ($000) $7,684 Avg Close $94.54 Range $90.67 - $102.32

Q2 2016

Shares 66,062 Value ($000) $7,950 Avg Close $99.15 Range $92.36 - $104.23

Q1 2016

Shares 63,896 Value ($000) $8,030 Avg Close $93.96 Range $88.35 - $100.28

Q4 2015

Shares 63,758 Value ($000) $7,532 Avg Close $87.24 Range $75.55 - $94.25

Q3 2015

Shares 63,954 Value ($000) $6,301 Avg Close $75.34 Range $67.46 - $78.55

Q2 2015

Shares 63,936 Value ($000) $6,078 Avg Close $74.17 Range $72.20 - $77.26

Q1 2015

Shares 63,824 Value ($000) $6,219 Avg Close $72.15 Range $67.27 - $77.27

Q4 2014

Shares 63,711 Value ($000) $5,970 Avg Close $70.55 Range $66.40 - $73.88

Q3 2014

Shares 49,939 Value ($000) $4,735 Avg Close $71.25 Range $68.00 - $75.48

Q2 2014

Shares 50,222 Value ($000) $5,059 Avg Close $74.80 Range $71.30 - $76.67

Q1 2014

Shares 49,799 Value ($000) $4,882 Avg Close $70.27 Range $67.55 - $73.19

Q4 2013

Shares 47,146 Value ($000) $4,575 Avg Close $70.01 Range $67.66 - $72.12

Q3 2013

Shares 47,321 Value ($000) $4,553 Avg Close $70.55 Range $67.75 - $73.37

Q2 2013

Shares 47,324 Value ($000) $4,685 Avg Close $71.80 Range $68.58 - $74.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	51,082	$15,612	$305.09	$290.30 - $321.79
Q3 2025	52,311	$15,897	$301.40	$286.90 - $317.52
Q2 2025	52,965	$15,475	$303.54	$280.19 - $316.26
Q1 2025	53,286	$16,645	$292.89	$270.23 - $320.72
Q4 2024	54,934	$15,925	$290.22	$275.34 - $308.80
Q3 2024	56,082	$17,077	$266.70	$235.19 - $298.17
Q2 2024	58,044	$14,792	$255.04	$239.07 - $270.15
Q1 2024	58,371	$16,458	$278.01	$265.95 - $288.51
Q4 2023	58,136	$17,238	$258.68	$233.05 - $283.22
Q3 2023	58,697	$15,463	$269.51	$248.24 - $282.39
Q2 2023	58,613	$17,491	$273.09	$262.44 - $282.15
Q1 2023	59,362	$16,598	$250.51	$242.11 - $263.34
Q4 2022	58,924	$15,528	$245.25	$214.97 - $261.32
Q3 2022	61,961	$14,297	$236.27	$213.92 - $247.25
Q2 2022	62,106	$15,333	$226.36	$209.53 - $238.22
Q1 2022	61,519	$15,212	$227.78	$199.74 - $247.43
Q4 2021	58,301	$15,629	$229.60	$214.30 - $246.13
Q3 2021	57,563	$13,879	$215.84	$204.35 - $225.88
Q2 2021	60,799	$14,044	$209.30	$200.41 - $214.63
Q1 2021	61,009	$13,675	$191.26	$181.19 - $204.54
Q4 2020	60,749	$13,036	$193.25	$183.72 - $205.66
Q3 2020	61,032	$13,396	$181.40	$161.01 - $201.06
Q2 2020	61,001	$11,253	$161.00	$135.75 - $178.74
Q1 2020	62,890	$10,399	$171.84	$108.80 - $190.08
Q4 2019	63,175	$12,484	$171.93	$162.20 - $184.62
Q3 2019	71,667	$15,388	$184.76	$177.38 - $190.99
Q2 2019	72,094	$14,971	$169.75	$159.68 - $178.93
Q1 2019	72,404	$13,750	$154.59	$147.38 - $162.95
Q4 2018	72,203	$12,821	$150.10	$136.68 - $161.23
Q3 2018	74,746	$12,504	$134.80	$128.54 - $141.76
Q2 2018	76,732	$12,023	$135.53	$129.30 - $144.01
Q1 2018	77,507	$12,121	$136.66	$122.48 - $148.12
Q4 2017	77,413	$13,324	$138.65	$128.37 - $145.70
Q3 2017	77,430	$12,132	$128.65	$124.32 - $133.25
Q2 2017	76,253	$11,679	$117.92	$104.72 - $127.34
Q1 2017	75,323	$9,763	$101.70	$95.50 - $105.98
Q4 2016	66,827	$8,134	$94.30	$88.47 - $100.20
Q3 2016	66,605	$7,684	$94.54	$90.67 - $102.32
Q2 2016	66,062	$7,950	$99.15	$92.36 - $104.23
Q1 2016	63,896	$8,030	$93.96	$88.35 - $100.28
Q4 2015	63,758	$7,532	$87.24	$75.55 - $94.25
Q3 2015	63,954	$6,301	$75.34	$67.46 - $78.55
Q2 2015	63,936	$6,078	$74.17	$72.20 - $77.26
Q1 2015	63,824	$6,219	$72.15	$67.27 - $77.27
Q4 2014	63,711	$5,970	$70.55	$66.40 - $73.88
Q3 2014	49,939	$4,735	$71.25	$68.00 - $75.48
Q2 2014	50,222	$5,059	$74.80	$71.30 - $76.67
Q1 2014	49,799	$4,882	$70.27	$67.55 - $73.19
Q4 2013	47,146	$4,575	$70.01	$67.66 - $72.12
Q3 2013	47,321	$4,553	$70.55	$67.75 - $73.37
Q2 2013	47,324	$4,685	$71.80	$68.58 - $74.15