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

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

Rhea-AI Filing Summary

Brendan M. Foley, Chairman, President & CEO of McCormick & Company (MKC), reported insider transactions that reduced his direct holdings in both voting and non‑voting common stock and added phantom stock units tied to company shares. He disposed of 108,652.016 voting common shares and 1,145.454 non‑voting common shares. Concurrently he received 34.634 phantom stock units that represent rights to receive one share of voting common stock each and are payable under the company’s Non‑Qualified Retirement Savings Plan. The filing shows indirect beneficial ownership of 11,841.082 shares associated with the retirement plan following the reported transactions. The disclosure records routine insider activity without additional context on reasons or broader ownership percentages.

Positive

  • Phantom stock acquisition: Received 34.634 phantom units that convert one‑for‑one to voting common stock under the Non‑Qualified Retirement Savings Plan.
  • Documented indirect ownership: Filing shows 11,841.082 shares held indirectly through the retirement plan after the transactions.

Negative

  • Disposal of voting shares: Reported disposition of 108,652.016 voting common shares.
  • Disposal of non‑voting shares: Reported disposition of 1,145.454 non‑voting common shares.

Insights

TL;DR: CEO executed notable share dispositions and accepted phantom units via the company retirement plan; disclosure is clear and routine.

The Form 4 shows Brendan Foley, the company’s Chairman, President & CEO, disposed of 108,652.016 voting shares and 1,145.454 non‑voting shares, while acquiring 34.634 phantom units payable in common stock under the Non‑Qualified Retirement Savings Plan. The filing explicitly states phantom units convert one‑for‑one to voting shares and identifies 11,841.082 indirect shares held through the plan after the transactions. This is a standard insider disclosure; the form provides no explanation of intent or impact on total ownership stakes.

TL;DR: Material quantities reported but no contextual data on ownership percentage or motive; treat as informational insider activity.

The reported disposals and the recorded phantom unit acquisition are factual and quantified: 108,652.016 voting shares and 1,145.454 non‑voting shares were disposed, and 34.634 phantom stock units were added at a stated derivative price of $70.24 per unit. The filing also documents 11,841.082 indirectly held shares via the Non‑Qualified Retirement Savings Plan. From an investor perspective the entry supplies clear transaction sizing but lacks information on remaining total holdings or whether sales were pre‑arranged; impact is informational rather than demonstrably material to valuation.

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*
Foley Brendan M

(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)
Chairman, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
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 108,652.016 D
Common Stock - Non Voting 1,145.454 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) 08/07/2025 A 34.634 (1) (1) Common Stock - Voting 34.634 $70.24 11,841.082 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 08/11/2025
** 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 MKC CEO Brendan M. Foley report in this Form 4?

He disposed of 108,652.016 voting common shares and 1,145.454 non‑voting common shares, and acquired 34.634 phantom stock units.

What is the nature of the phantom stock reported for MKC?

Each phantom stock unit represents the right to receive one share of voting common stock and is payable in shares under the company's Non‑Qualified Retirement Savings Plan.

How many shares are shown as indirectly beneficially owned after the transactions?

The filing reports 11,841.082 shares as indirectly beneficially owned via the Non‑Qualified Retirement Savings Plan.

Was a price disclosed for the derivative (phantom) units?

Yes, the derivative entry indicates a price of $70.24 per phantom unit.

What is Brendan M. Foley’s role at McCormick as stated in the filing?

The form lists Brendan M. Foley as Chairman, President & CEO of McCormick & Company (MKC).
Mccormick & Co

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