McCormick & Co. (MKC) reported an insider equity change: on 10/21/2025, the company’s Chairman, President & CEO acquired 36.357 shares of Phantom Stock at $66.91 under the Non‑Qualified Retirement Savings Plan.
Each phantom share represents the right to receive one share of Common Stock - Voting, payable per plan terms. Following the transaction, derivative holdings were 12,131.778 phantom shares. Beneficial ownership of common stock stood at 108,652.016 shares (Voting) and 1,145.457 shares (Non‑Voting).
Insider transactions by Lawrence Erik Kurzius at McCormick & Company (MKC): the reporting person exercised $0 purchase-price options for 50,000 shares on 10/08/2025 and simultaneously sold those 50,000 shares at $65.86 per share, following an option exercise reported at an exercise price of $65.86 for options that vest/expire between 03/30/2017 and 03/30/2026. After these transactions the reporter beneficially owned 246,762 shares directly.
The form also lists multiple indirect holdings through various GRATs totaling 38, minable shares (6,574; 6,574; 5,903; 5,903; 14,060) that reflect family/trust arrangements. The filing is a single-person Form 4, submitted via attorney-in-fact on 10/10/2025.
Brendan M. Foley, serving as Chairman, President & CEO, reported changes in his beneficial ownership of McCormick & Co. (MKC) on 10/07/2025. The filing shows 108,652.016 shares of Common Stock - Voting and 1,145.457 shares of Common Stock - Non Voting were marked as D (disposed). Separately, 37.072 units of Phantom Stock were acquired at a price of $65.62 per unit; each phantom unit represents the right to receive one voting common share under the Non-Qualified Retirement Savings Plan.
The phantom units are payable in shares under the plan terms, so the acquisition increases indirect holdings by 37.072 shares. The form is filed individually and signed by an attorney-in-fact on 10/08/2025.
McCormick & Co., Inc. (MKC) reporting person Sarah Piper, Chief Human Relations Officer, reported transactions on 10/07/2025. The filing shows a disposition of 3,286.672 shares of Common Stock and the acquisition of 37.072 units of Phantom Stock under a Non-Qualified Retirement Savings Plan. Each Phantom Stock unit represents the right to one share of voting common stock and is payable in shares under the plan.
After these transactions the reporting person is shown as beneficially owning 3,748.65 shares indirectly through the plan. The Phantom Stock acquisition carried a reported price of $65.62 per share. The form is signed by an attorney-in-fact and indicates the report was filed by a single reporting person.
McCormick & Company reported third-quarter fiscal 2025 net sales growth of 2.7%, driven by favorable volume/product mix and pricing, with foreign currency adding 0.9% to sales. Operating income was $288.7M, up 0.8% year-over-year, while gross profit margin contracted by 1.30% (130 basis points) primarily from higher commodity and conversion costs.
Diluted earnings per share were $0.84 in Q3 2025 versus $0.83 a year earlier; adjusted EPS excluding special charges was $0.85. The company signed an agreement to buy an additional 25% of McCormick de Mexico for $750M, raising ownership to 75%, and entered a five-year $2.0B revolving credit facility in May 2025. Full-year 2025 guidance anticipates net sales growth of 0%-2% (organic 1%-3%) and diluted EPS of $2.95 to $3.00 (adjusted $3.00 to $3.05), with an estimated effective tax rate near 22%.
McCormick & Co., Inc. furnished an 8-K reporting that on October 7, 2025 the company issued a press release and held a conference call to report results for the third quarter of fiscal 2025, which ended August 31, 2025. The press release is attached as Exhibit 99.1 and is titled "McCORMICK REPORTS THIRD QUARTER PERFORMANCE, REAFFIRMS STRONG SALES GROWTH, AND UPDATES 2025 PROFITABILITY OUTLOOK." The filing clarifies the exhibit and Item 2.02 disclosure are being furnished (not "filed") and therefore are not subject to Section 18 liabilities or automatically incorporated by reference into other securities filings. No financial tables, specific revenue or earnings figures, or detailed profitability metrics are included in the furnished text.
Brendan M. Foley, serving as Chairman, President & CEO of McCormick & Co., reported transactions dated 09/22/2025. He disposed of 108,652.016 voting shares and 1,145.457 non‑voting shares, as reported on Form 4. On the same date he acquired 37.64 units of phantom stock under the company’s Non‑Qualified Retirement Savings Plan at a stated price of $64.63 per unit; each phantom unit represents the right to receive one share of voting common stock and is payable in shares under the plan. The filing shows 12,058.348 shares beneficially owned indirectly following the reported derivative transaction. The Form 4 was signed by attorney‑in‑fact Jason E. Wynn on 09/24/2025.
McCormick & Co. insider Form 4: Sarah Piper, Chief Human Relations Officer, reported transactions dated 09/22/2025. The filing shows a disposition of 3,286.672 shares of Common Stock - Voting (listed as a D transaction) and an acquisition of 37.64 units of Phantom Stock on the same date. Each Phantom Stock unit represents the right to receive one share of Common Stock - Voting and is payable under the companys Non-Qualified Retirement Savings Plan. The Phantom Stock acquisition lists an attributable price of $64.63 per share and results in 3,711.578 shares beneficially owned indirectly under the plan following the reported transactions. The form is signed by Jason E. Wynn, Attorney-in-fact, on 09/24/2025.
Jacques Tapiero, a director of McCormick & Co., reported transactions on Form 4 showing a disposition of 30,617.754 shares of Common Stock - Voting and 2,620 shares of Common Stock - Non Voting on 09/11/2025. The filing also reports acquisition of 145.815 units of Phantom Stock under a Non-Qualified Retirement Savings Plan; each phantom share converts to one voting common share and is payable in shares under plan terms. The phantom stock acquisition is recorded at a price of $68.58 per share and results in 2,791.1 shares beneficially owned indirectly following the transactions.
Sarah Piper, Chief Human Relations Officer of McCormick & Company (MKC), reported Form 4 activity dated 09/09/2025. The filing shows a disposition of 3,286.672 shares of Common Stock - Voting and an acquisition of 34.938 units of Phantom Stock under a Non-Qualified Retirement Savings Plan. Each phantom share represents the right to receive one share of common stock and is payable in shares under the plan.
The phantom units were recorded at a price of $69.63 per unit and after the transactions the reporting person beneficially owned 3,673.938 shares indirectly through the retirement plan. The Form 4 was signed by an attorney-in-fact on 09/10/2025.