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

Rhea-AI Filing Summary

Brendan M. Foley, identified as Chairman, President & CEO, filed a Form 4 reporting transactions in McCormick & Company, Inc. (MKC) with an earliest transaction date of 08/26/2025. The filing shows dispositions of 108,652.016 shares of Common Stock - Voting and 1,145.457 shares of Common Stock - Non Voting. The report also shows an acquisition of 34.59 units of Phantom Stock under a Non-Qualified Retirement Savings Plan; the filing states each Phantom Stock unit represents the right to receive one share of voting common stock in accordance with the plan. The Phantom Stock entry lists a price of $70.33 and indicates indirect ownership through the plan. The Form 4 is signed by an attorney-in-fact on 08/27/2025.

Positive

• Required disclosure provided detailing insider transactions by the CEO, improving transparency
• Phantom Stock participation is recorded as indirect ownership through a Non-Qualified Retirement Savings Plan, clarifying plan treatment

Negative

• Substantial disposition of 108,652.016 voting shares by the CEO, which may be viewed as noteworthy by investors
• Filing lacks explanatory context (e.g., whether sales were pre-scheduled under Rule 10b5-1 or for personal reasons)

Insights

Corporate Governance Expert

TL;DR: CEO reported sizable share dispositions and a small phantom stock award via a retirement plan; disclosure is routine but notable in size.

The filing shows Mr. Foley, serving as Chairman, President & CEO, disposed of a substantial number of voting shares (108,652.016) and a smaller amount of non-voting shares (1,145.457) on 08/26/2025. The report also records acquisition of 34.59 units of Phantom Stock payable under a Non-Qualified Retirement Savings Plan, with the filing clarifying each unit converts into one voting share under plan terms. From a governance perspective, the filing accomplishes required transparency. The size of the voting-stock disposition is noteworthy for monitoring insider alignment and timing, but the document does not state the reason for the sale or whether it was pre-scheduled under Rule 10b5-1.

Securities/Insider Transactions Analyst

TL;DR: Material quantity of voting shares sold by CEO; a small phantom equity award was recorded through a retirement vehicle.

The Form 4 provides explicit quantities: dispositions of 108,652.016 voting shares and 1,145.457 non-voting shares, and an acquisition entry of 34.59 phantom units. The phantom units are documented as indirect holdings via a Non-Qualified Retirement Savings Plan and are payable in common stock per the plan. The filing lists a price of $70.33 alongside the derivative entry. The document lacks explanatory context such as proceeds, whether the sales were part of a planned trading arrangement, or any change to outstanding ownership percentages; without that context, the filing is informational rather than explanatory regarding motives.

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)
08/26/2025

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								108,652.016	D
Common Stock - Non Voting								1,145.457	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	11,985.77	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.
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FAQ

What transactions did MKC insider Brendan M. Foley report on Form 4?

The Form 4 reports dispositions of 108,652.016 Common Stock - Voting and 1,145.457 Common Stock - Non Voting, and the acquisition of 34.59 Phantom Stock units under a Non-Qualified Retirement Savings Plan.

When were the reported transactions for MKC (ticker MKC) executed?

The earliest transaction date reported is 08/26/2025 and the Form 4 shows a filing/signature date of 08/27/2025.

What does the Phantom Stock entry in the Form 4 mean?

The filing states each Phantom Stock unit represents the right to receive one share of voting common stock and that these units are payable in shares in accordance with the Non-Qualified Retirement Savings Plan.

Was the insider filing signed by the reporting person?

The Form 4 was signed by an attorney-in-fact, Jason E. Wynn, on behalf of the reporting person on 08/27/2025.

Does the Form 4 state the sale price or proceeds of the disposed shares?

The filing does not disclose gross proceeds or sale price for the Common Stock dispositions; a price of $70.33 is listed in the derivative/phantom stock section only.