---
schema_version: "secwatch.filing_event.v1"
accession: "0000927653-22-000034"
form_type: "8-K"
ticker: "MCK"
cik: "0000927653"
company_name: "MCKESSON CORP"
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:59:44.394844+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# McKesson adopts revised Executive Severance Policy and amends incentive plans

## Summary
- Executive Severance Policy provides up to 24 months' base salary on Qualifying Termination (lesser of 12 months + 1 month per service year or 24 months).
- Management Incentive Plan amended to remove outdated Section 162(m) references and extend 'Severance' definition to include Executive Severance Policy terminations.
- Outstanding equity awards under 2013 Stock Plan amended to treat terminations under new policy as 'Severance' for continued vesting/retirement.
- All severance payments require execution of a release and may be halted/recouped for non-compliance with restrictive covenants.

## SEC filing metadata
- accession: 0000927653-22-000034
- form_type: 8-K
- ticker: MCK
- cik: 0000927653
- company_name: MCKESSON CORP
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/927653/000092765322000034/0000927653-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927653/000092765322000034/mck-20220426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927653-22-000034
- JSON: https://secwatch.observer/filing/0000927653-22-000034.json
- Plain text: https://secwatch.observer/filing/0000927653-22-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.