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McCormick (NYSE: MKC) growth chief details options and RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

McCormick & Co. Chief Growth & Marketing Officer Tabata Lorena Gomez Sades filed an initial ownership report outlining her equity interests in the company. She directly holds 6,143 shares of Common Stock – Voting.

She also holds an option on 7,996 shares of common stock with an exercise price of $76.03 per share, expiring on March 27, 2034. In addition, she has several blocks of Restricted Stock Units tied to common stock: 688, 3,124, and 8,656 underlying shares, each vesting in thirds over three years beginning on February 15, 2025, 2026, and 2027, respectively.

Positive

  • None.

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Insider GOMEZ SADES TABATA LORENA
Role Chief Growth & Mktg Officer
Type Security Shares Price Value
holding Options - Right to Buy -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock - Voting -- -- --
Holdings After Transaction: Options - Right to Buy — 7,996 shares (Direct); Restricted Stock Units — 688 shares (Direct); Common Stock - Voting — 6,143 shares (Direct)
Footnotes (1)
  1. The option grant becomes exercisable in thirds of each of the first three (3) grant anniversaries. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2025, February 15, 2026 and February 15, 2027. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2026, February 15, 2027 and February 15, 2028. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2027, February 15, 2028 and February 15, 2029.
Direct common shares 6,143 shares Common Stock - Voting directly held
Option underlying shares 7,996 shares Options - Right to Buy, underlying common stock
Option exercise price $76.03/share Options - Right to Buy, expires March 27, 2034
RSU grant 1 688 shares RSUs expiring March 15, 2027, vesting in thirds from Feb 15, 2025
RSU grant 2 3,124 shares RSUs expiring February 15, 2028, vesting in thirds from Feb 15, 2026
RSU grant 3 8,656 shares RSUs expiring February 15, 2029, vesting in thirds from Feb 15, 2027
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.
Options - Right to Buy financial
"security_title": "Options - Right to Buy""
vest in thirds financial
"The Restricted Stock Units vest in thirds over a three-year period"
exercise price financial
"conversion_or_exercise_price": "76.0300""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Understanding Insider Trading Forms →
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
GOMEZ SADES TABATA LORENA
(Last)(First)(Middle)
24 SCHILLING ROAD
SUITE 1
(Street)
HUNT VALLEY MARYLAND 21031
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
04/08/2026		3. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Growth & Mktg Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock - Voting6,143D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Options - Right to Buy03/27/2025(1)03/27/2034Common Stock - Voting7,996$76.03D
Restricted Stock Units03/15/2025(2)03/15/2027Common Stock - Voting688$0D
Restricted Stock Units02/15/2026(3)02/15/2028Common Stock - Voting3,124$0D
Restricted Stock Units02/15/2027(4)02/15/2029Common Stock - Voting8,656$0D
Explanation of Responses:
1. The option grant becomes exercisable in thirds of each of the first three (3) grant anniversaries.
2. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2025, February 15, 2026 and February 15, 2027.
3. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2026, February 15, 2027 and February 15, 2028.
4. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2027, February 15, 2028 and February 15, 2029.
Jason E. Wynn, Attorney-in-Fact04/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the MKC Form 3 filing by Tabata Lorena Gomez Sades show?

The Form 3 shows Tabata Lorena Gomez Sades’ existing equity holdings in McCormick & Co., including common shares, stock options, and multiple tranches of Restricted Stock Units that vest over several years according to specified schedules.

How many McCormick (MKC) common shares does the officer directly hold?

She directly holds 6,143 shares of McCormick & Co. Common Stock – Voting. This figure reflects her reported direct ownership position in the company’s common equity at the time of the Form 3 filing, separate from options and Restricted Stock Units.

What stock options are reported in the McCormick (MKC) Form 3?

The filing reports an option covering 7,996 underlying shares of McCormick common stock with an exercise price of $76.03 per share, expiring March 27, 2034. The option becomes exercisable in thirds on each of the first three grant anniversaries.

What Restricted Stock Units does the McCormick (MKC) officer hold?

She holds three RSU awards tied to 688, 3,124, and 8,656 underlying common shares. Each award vests in thirds over three years, beginning on February 15, 2025, February 15, 2026, and February 15, 2027, according to the vesting footnotes.

Do the McCormick (MKC) Restricted Stock Units have an exercise price?

The Restricted Stock Units reported for McCormick & Co. have a stated exercise or conversion price of $0.00. They convert into common shares upon vesting according to their schedules, rather than requiring the officer to pay a cash exercise price.

What is the significance of the vesting schedules in the MKC Form 3?

The vesting schedules determine when the officer actually earns the RSU shares. Each RSU grant vests in three equal installments on specified February 15 dates, spreading the potential delivery of McCormick common shares over several future years.