McCormick (NYSE: MKC) director awarded 2,598 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Company director Valarie L. Sheppard received a new equity award in the form of restricted stock units. On 02/06/2026 she was granted 2,598 Restricted Stock Units, each representing a contingent right to receive one share of McCormick common stock at no purchase price.
The Restricted Stock Units vest in full on 02/15/2027 and will be settled in an equal number of McCormick shares. Following this grant, Sheppard directly holds 2,598 Restricted Stock Units and 348.47 shares of McCormick common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sheppard Valarie L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,598 | $0.00 | -- |
| holding | Common Stock - Voting | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,598 shares (Direct);
Common Stock - Voting — 348.47 shares (Direct)
Footnotes (1)
- The Restricted Stock Unit represents a contingent right to receive one share of Common Stock. The Restricted Stock Units vest in full on 2/15/2027 and are settled in an equal number of shares of McCormick stock.
FAQ
What insider transaction did McCormick (MKC) report for Valarie L. Sheppard?
McCormick reported that director Valarie L. Sheppard received 2,598 Restricted Stock Units on 02/06/2026. Each unit represents a contingent right to one share of McCormick common stock, with no cash price, as part of her equity compensation.
How many restricted stock units did the McCormick (MKC) director receive?
Valarie L. Sheppard received 2,598 Restricted Stock Units. These units give her the right to receive 2,598 shares of McCormick common stock when they settle, reflecting an equity-based component of her compensation as a company director.
When do Valarie L. Sheppard’s McCormick (MKC) RSUs vest?
Her 2,598 Restricted Stock Units vest in full on 02/15/2027. On that date, the units are scheduled to be settled in an equal number of McCormick common shares, assuming applicable vesting conditions are satisfied under the award terms.
What is the exercise or purchase price of the McCormick (MKC) RSUs?
The Restricted Stock Units were reported with a price of $0 per unit. This means Sheppard is not required to pay a cash exercise price; the RSUs convert into shares upon vesting and settlement, subject to the award’s terms.
How many McCormick (MKC) securities does Valarie L. Sheppard hold after this grant?
After the reported transaction, Sheppard directly holds 2,598 Restricted Stock Units and 348.47 shares of McCormick common stock. The RSUs will convert into the same number of shares once they vest and are settled under the plan.
What role does Valarie L. Sheppard hold at McCormick (MKC)?
Valarie L. Sheppard is reported as a director of McCormick & Company. As a director, she receives part of her compensation in equity, including the 2,598 Restricted Stock Units granted on 02/06/2026 under the company’s compensation arrangements.