McCormick & Company is issuing $500 million of 4.150% senior notes due 2029. The notes are unsecured, rank equally with McCormick’s other unsubordinated debt, and pay interest semi-annually each February 15 and August 15, starting August 15, 2026.
The notes priced at 99.926% of principal, generating approximately $497.6 million in proceeds after underwriting discounts. McCormick plans to use the cash to redeem a portion of its outstanding $500 million 0.90% notes due February 15, 2026, including related interest, fees and expenses.
McCormick & Co. director Jacques Tapiero reported a same-day option exercise and share sale. On February 3, 2026, he acquired 5,000 shares of McCormick voting common stock and then sold 5,000 shares at $63.85 per share. After these transactions, he directly held 31,596.054 shares of voting common stock and 2,620 shares of non-voting common stock. A phantom stock position tied to the Non-Qualified Retirement Savings Plan now shows 0 shares, reflecting that these rights are payable in voting common stock under the plan’s terms.
McCormick & Co. executive reports small dividend reinvestments
Chief Human Relations Officer Sarah Piper reported routine, dividend-related transactions in McCormick & Co. common stock and phantom stock. On January 13, 2026, she acquired 15.7 shares of voting common stock at $67.16 per share through dividend reinvestment, bringing her directly held balance to 9,631.04 shares.
On January 12, 2026, she also acquired 28.415 units of phantom stock at $66.84 per unit, credited to a Non Qualified Retirement Savings Plan, for a total of 4,020.62 phantom stock units held indirectly. Both transactions are coded as adjustments related to dividend reinvestment.
McCormick & Company executive Andrew Foust, President, Americas, increased his holdings through dividend reinvestment. On January 13, 2026, he acquired 38.96 shares of voting common stock and 2.37 shares of non-voting common stock at $67.16 per share under a dividend reinvestment transaction.
After these transactions, he beneficially owned 13,032.51 voting shares and 334.44 non-voting shares, all held directly. The filing characterizes the activity as “Dividend Reinvestment,” indicating shares were purchased using reinvested dividends rather than open-market discretionary buying.
McCormick & Company director Anne L. Bramman reported acquiring additional McCormick common stock through a dividend reinvestment on January 13, 2026. The transaction added 18.09 shares of voting common stock at a price of $67.16 per share.
Following this dividend reinvestment, Bramman directly beneficially owned 6,704.542 shares of McCormick common stock. The filing classifies her as a director of the company and indicates this is an individual filing by one reporting person.
McCormick & Company director Margaret M V Preston reported a dividend reinvestment in phantom stock on January 12, 2026. She acquired 207.081 phantom stock units at $66.84 per unit through a Non Qualified Retirement Savings Plan, classified as an indirect holding.
After this transaction, she beneficially owned 29,042.768 phantom stock units indirectly. She also reported direct beneficial ownership of 82,142.195 shares of McCormick voting common stock and 6,235.263 shares of non‑voting common stock.
McCormick & Company director reports small dividend reinvestment
McCormick & Company director Thomas Terry S acquired 2.84 shares of the company’s voting common stock on January 13, 2026 at $67.16 per share. The transaction is labeled as a dividend reinvestment, where cash dividends are automatically used to buy additional shares.
After this transaction, the director beneficially owned 1,744.01 shares of McCormick common stock in direct ownership. No derivative securities transactions were reported in this filing.
McCormick & Company director Valarie L. Sheppard reported a small automatic share acquisition through dividend reinvestment. On 01/13/2026, she acquired 2.47 shares of McCormick common stock at $67.16 per share under a dividend reinvestment arrangement.
Following this transaction, Sheppard beneficially owns 348.47 shares of McCormick & Company common stock in direct form. The filing characterizes the activity as a routine dividend reinvestment rather than an open-market purchase or discretionary trade.
McCormick & Company director Gavin Hattersley reported a small share acquisition. On February 1, 2026, he acquired 406 shares of McCormick voting common stock at $61.67 per share. Following this transaction, he directly holds 406 voting shares and 906 non-voting common shares of the company.
McCormick & Company director Richard A. Dierker reported acquiring common stock in the company. On February 1, 2026, he acquired 406 shares of McCormick & Co. voting common stock at a reported price of $61.67 per share, resulting in beneficial ownership of 406 shares held directly.