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McKesson EVP, CIO and CTO Francisco Fraga sells $630,000 in stock

McKesson EVP, CIO and CTO Francisco Fraga sells $630,000 in stock

Francisco Fraga, the Executive Vice President, Chief Information Officer, and Chief Technology Officer at McKesson Corp., sold 600 shares of the company's stock for a total of $630,000 on November 4, 2026. The shares were sold at a price of $1,050 each, following a Rule 10b5-1(c) trading plan that had been in place since March 10, 2026.

Additionally, Fraga acquired 398 shares of McKesson stock through the vesting of Restricted Stock Units (RSUs) on November 3, 2026, which had been vesting in thirds since November 3, 2024. As of November 3, 2026, McKesson's stock was trading near its 52-week high of $1,074, currently priced at $1,085, and was deemed undervalued by InvestingPro analysis.

The RSU vesting led to the withholding of 157 shares to cover tax obligations, valued at $156,940 at the time. Following these transactions, Fraga beneficially owned 5,064.496 shares of McKesson common stock directly. Despite these reported activities, McKesson has reported strong financial results, surpassing Wall Street expectations for its fiscal second-quarter 2027 earnings, and has increased its full-year profit outlook. However, McKesson's stock experienced a 1.72% decline in after-hours trading.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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