[Form 4] McCormick & Company, Incorporated Non-VTG CS Insider Trading Activity

Rhea-AI Filing Summary

McCormick & Company (MKC) insider transaction disclosure: Sarah Piper, Chief Human Relations Officer, reported transactions dated 08/26/2025. The filing shows a disposition of 3,286.672 shares of voting common stock and the acquisition of 34.59 units of phantom stock under a Non-Qualified Retirement Savings Plan; each phantom unit represents the right to receive one share of voting common stock. The phantom stock underlying price is listed as $70.33. Following the reported transactions, beneficial ownership is shown as 3,639 shares held indirectly through the retirement plan. The filing was signed by an attorney-in-fact on 08/27/2025.

Insights

Financial Analyst

TL;DR: Routine insider disposition and retirement-plan phantom share award; no clear material impact to company valuation.

The filing records an officer-level sale of 3,286.672 voting shares and a related award of 34.59 phantom stock units convertible to common shares under a Non-Qualified Retirement Savings Plan. The phantom units reference a price of $70.33 and are payable in shares per plan terms. The disclosure documents beneficial ownership of 3,639 shares held indirectly in the plan. This appears to be compensation/retirement-plan related activity rather than an open-market strategic sale.

Corporate Governance Expert

TL;DR: Disclosure is consistent with Section 16 reporting; shows plan-based holdings and a routine disposition.

The form indicates proper Section 16 reporting for an officer-level participant in a non-qualified retirement vehicle. The description clarifies phantom stock converts to common shares under plan terms, and the transaction was reported via Form 4 with signature executed by an attorney-in-fact. From a governance perspective, the filing documents compliance and plan-related compensation mechanics rather than signaling management change or governance concerns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Piper Sarah

(Last) (First) (Middle)

24 SCHILLING ROAD

SUITE 1

(Street)

HUNT VALLEY MD 21031

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Relations Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock - Voting								3,286.672	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	08/26/2025		A		34.59		(1)	(1)	Common Stock - Voting	34.59	$70.33	3,639	I	Non Qualified Retirement Savings Plan

Explanation of Responses:

1. Each share of phantom stock represents the right to receive one share of Common Stock - Voting. Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan.

	Jason E. Wynn, Attorney-in-fact	08/27/2025
	** Signature of Reporting Person	Date
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 4 (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.

FAQ

What transactions did Sarah Piper report for MKC on 08/26/2025?

The filing reports a disposition of 3,286.672 voting common shares and the acquisition of 34.59 phantom stock units under a Non-Qualified Retirement Savings Plan.

How many shares does Sarah Piper beneficially own after the reported transactions for MKC?

The report shows 3,639 shares beneficially owned following the reported transactions, held indirectly through the retirement plan.

What is the price shown for the phantom stock in the MKC Form 4?

The phantom stock underlying price is listed as $70.33 in the filing.

Was the Form 4 for MKC signed by the reporting person?

The form was signed by an attorney-in-fact, Jason E. Wynn, on 08/27/2025, per the signature block.

What does the phantom stock represent in this MKC filing?

Each phantom stock unit represents the right to receive one share of common voting stock payable under the terms of the Non-Qualified Retirement Savings Plan.