MCCORMICK (MKC) officer discloses common stock and RSU holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MCCORMICK & CO INC vice president and controller Julie Giese has filed an initial statement of beneficial ownership. She directly holds 725 shares of Common Stock – Voting. She also holds Restricted Stock Units tied to 322, 1,071 and 1,955 underlying common shares at an exercise price of $0.00 per share.
The RSUs vest in thirds over three-year periods. One grant begins vesting on March 15, 2025, another on February 15, 2026, and a third on February 15, 2027, providing a staggered schedule of future share delivery if employment and plan conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Giese Julie
Role
V.P. & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock - Voting | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 322 shares (Direct);
Common Stock - Voting — 725 shares (Direct)
Footnotes (1)
- The Restricted Stock Units vest in thirds over a three year period beginning on March 15, 2025, March 15, 2026 and March 15, 2027. The Restricted Stock Units vest in thirds over a three year period beginning on February 15, 2026, February 15, 2027 and February 15, 2028. The Restricted Stock Units vest in thirds over a three year period beginning on February 15, 2027, February 15, 2028 and February 15, 2029.
Key Figures
Direct common shares: 725 shares
RSU underlying shares (grant 1): 322 shares
RSU underlying shares (grant 2): 1,071 shares
+5 more
8 metrics
Direct common shares
725 shares
Common Stock – Voting held directly after reported holdings
RSU underlying shares (grant 1)
322 shares
Restricted Stock Units, vesting begins March 15, 2025
RSU underlying shares (grant 2)
1,071 shares
Restricted Stock Units, vesting begins February 15, 2026
RSU underlying shares (grant 3)
1,955 shares
Restricted Stock Units, vesting begins February 15, 2027
RSU exercise price
$0.00
Exercise price for all reported Restricted Stock Units
RSU expiration (grant 1)
March 15, 2027
Expiration date for the 322-share RSU grant
RSU expiration (grant 2)
February 15, 2028
Expiration date for the 1,071-share RSU grant
RSU expiration (grant 3)
February 15, 2029
Expiration date for the 1,955-share RSU grant
Key Terms
Restricted Stock Units, Common Stock - Voting, vest in thirds, beneficial ownership
4 terms
Restricted Stock Units financial
"The Restricted Stock Units vest in thirds over a three year period"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock - Voting financial
"underlying_security_title": "Common Stock - Voting""
vest in thirds financial
"The Restricted Stock Units vest in thirds over a three year period"
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
