MKC HR chief awarded 53.793 Phantom Stock units
MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper reported a routine compensation-related award and her current holdings.
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Rhea-AI Filing Summary
MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper reported a routine compensation-related award and her current holdings. She received an award of 53.793 shares of Phantom Stock at $47.1900 per share under the company’s Non Qualified Retirement Savings Plan. Each phantom share represents the right to receive one share of Common Stock - Voting, payable in stock according to the plan’s terms. After this award, she holds 4,655.407 Phantom Stock shares indirectly through the plan and 9,037.9400 Common Stock - Voting shares directly. The filing does not show any open-market buying or selling, only this grant/award acquisition.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 53.793 | $47.19 | $3K |
| Holding | Common Stock - Voting | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Phantom Stock financial
Common Stock - Voting financial
Non Qualified Retirement Savings Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MKC executive Sarah Piper report on this Form 4?
What is Phantom Stock in the MKC Form 4 for Sarah Piper?
How many Phantom Stock units does Sarah Piper hold after this MKC filing?
What are Sarah Piper’s direct MKC Common Stock - Voting holdings after the transaction?
How is the Non Qualified Retirement Savings Plan involved in this MKC Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.