MKC Form 4: Only 675 Shares Withheld for Taxes by Chair Kurzius

McCormick & Co. (MKC) – Form 4 insider filing: Chairman Lawrence Erik Kurzius reported one transaction dated 06/30/2025.

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.

Insights

Insider Transaction Analyst

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.

Insider Trade Summary

Exercise Price or Tax Liability: 675 shares

Exercise Price or Tax Liability 6 txns

Insider Kurzius Lawrence Erik

Role 10% Owner

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock - Voting	675	$76.88	$52K
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Voting	--	--	--

Holdings After Transaction: Common Stock - Voting — 246,762 shares (Direct); Common Stock - Voting — 6,574 shares (Indirect, By 2023 GRAT G); Common Stock - Voting — 6,574 shares (Indirect, By 2023 GRAT H); Common Stock - Voting — 5,903 shares (Indirect, By 2024 GRAT I); Common Stock - Voting — 5,903 shares (Indirect, By 2024 GRAT J); Common Stock - Voting — 14,060 shares (Indirect, BY 2025 GRAT K)

Footnotes (1)

1. F1. Shares withheld for taxes on previously vested awards subject to deferred receipt.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/02/2025 - 10:20 AM Learn about SEC filing dates

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.