Michele Lau, Executive Vice President and Chief Legal Officer of McKesson Corp (NYSE:MCK), completed the sale of 2,725 shares of common stock on March 2, 2026, at $990.00 per share. The transaction generated proceeds of $2,697,750. The sale was carried out pursuant to a previously adopted trading plan dated August 19, 2025, and complied with Rule 10b5-1(c).
Following the disposition, Ms. Lau retains direct ownership of 3,247 shares of McKesson common stock. In addition, she holds an indirect interest of 138.5939 shares through participation in the McKesson Corporation 401(k) Retirement Savings Plan.
McKesson's share price has been trading near its 52-week high of $999, after a notable 55% return over the past 12 months. InvestingPro analysis cited in company materials places the stock close to a Fair Value estimate of $989 and notes 23 supplementary ProTips available to subscribers, among them commentary on the company’s 18 consecutive years of dividend growth.
Separately, McKesson reported third-quarter results for fiscal 2026 that exceeded consensus expectations. The company posted adjusted earnings per share of $9.34 versus an expected $9.16. Revenue came in at $106.16 billion, slightly above the forecasted $105.87 billion.
Company statements highlighted strong contributions from the Oncology & Manufacturer Solutions (O&M) and RxTS segments, which helped drive adjusted operating income higher than anticipated. Following the quarterly release, TD Cowen raised its price target for McKesson from $1,000 to $1,012 and maintained a Buy rating, citing the firm’s steady operational performance.
The combination of an insider sale executed under a pre-established plan, shares trading near a year-high and fair-value estimates, and recent quarterly outperformance provides a concise snapshot of McKesson’s current public posture. The sale itself was carried out under the safeguards of a Rule 10b5-1 plan, and the company’s recent financial disclosures detail where recent earnings strength originated.
Readers should note that the details above reflect disclosed transaction data and company-reported financial results; no additional commentary about future performance is provided in those disclosures.