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

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

McCormick & Co. (MKC) – Form 4 insider filing: Chairman Lawrence Erik Kurzius reported one transaction dated 06/30/2025. The sole activity was coded “F,” indicating 675 common voting shares were withheld to satisfy tax obligations on previously vested equity awards at an implied price of $76.88 per share. This technical disposition reduced his direct holdings to 246,762 shares. No open-market purchases or sales occurred. Kurzius also disclosed indirect ownership of 38,~014 shares held in several 2023-2025 grantor retained annuity trusts (GRATs); these positions were unchanged. Because the share count affected represents less than 0.1% of his total ownership and an immaterial fraction of MKC’s float, the filing carries minimal market significance.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding of 675 shares; negligible impact on MKC valuation or insider sentiment.

The “F” code confirms an automatic share withholding for tax settlement, a non-discretionary event that does not reflect the insider’s outlook. Post-transaction direct ownership remains sizable at ~246.8k shares, and indirect GRAT holdings were merely re-reported. Such a small reduction has no effect on share supply or signaling. Therefore, I classify the disclosure as neutral and non-impactful for investors.

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*
Kurzius Lawrence Erik

(Last) (First) (Middle)
MCCORMICK & COMPANY, INCORPORATED
24 SCHILLING ROAD, SUITE1

(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
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 06/30/2025 F 675(1) D $76.88 246,762 D
Common Stock - Voting 6,574 I By 2023 GRAT G
Common Stock - Voting 6,574 I By 2023 GRAT H
Common Stock - Voting 5,903 I By 2024 GRAT I
Common Stock - Voting 5,903 I By 2024 GRAT J
Common Stock - Voting 14,060 I BY 2025 GRAT K
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
Explanation of Responses:
1. Shares withheld for taxes on previously vested awards subject to deferred receipt.
Jason E. Wynn, Attorney-in-fact 07/02/2025
** 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

How many McCormick (MKC) shares did Lawrence Kurzius dispose of on 06/30/2025?

He had 675 shares withheld to cover taxes, coded as transaction “F”.

What was the implied price for the shares withheld?

The filing lists a price of $76.88 per share.

Did the insider perform any open-market sales or purchases?

No, the only transaction was automatic tax withholding; no market trades occurred.

How many MKC shares does Kurzius now own directly?

After the withholding, he owns 246,762 shares directly.

What indirect holdings were reported in the filing?

The insider reported 38,014 shares held across multiple 2023–2025 GRATs; these amounts were unchanged.
Mccormick & Co

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MKC Stock Data

18.29B
265.16M
0.02%
89.62%
3.19%
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United States
HUNT VALLEY