McCormick (NYSE: MKC) HR chief reports Phantom Stock award and 9,038 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

2 transactions reported

Mixed 2 txns

Insider Piper Sarah

Role Chief Human Relations Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	53.793	$47.19	$3K
holding	Common Stock - Voting	--	--	--

Holdings After Transaction: Phantom Stock — 4,655.407 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 9,037.94 shares (Direct, null)

Footnotes (1)

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Key Figures

Phantom Stock award: 53.793 shares Award reference price: $47.1900 per share Phantom Stock holdings: 4,655.407 shares +1 more

4 metrics

Phantom Stock award 53.793 shares Grant/award acquisition on Common Stock - Voting equivalent

Award reference price $47.1900 per share Price per Phantom Stock share

Phantom Stock holdings 4,655.407 shares Total Phantom Stock after award, indirect via retirement plan

Common Stock holdings 9,037.9400 shares Common Stock - Voting held directly after reported entries

Key Terms

Phantom Stock, Common Stock - Voting, Non Qualified Retirement Savings Plan

3 terms

Phantom Stock financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Common Stock - Voting financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

Non Qualified Retirement Savings Plan financial

"Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan."

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Form 4 Insider Transactions: What Each Field Means →

06/18/2026 - 08:31 AM

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^*

Piper Sarah

(Last)

(First)

(Middle)

24 SCHILLING ROAD

SUITE 1

(Street)

HUNT VALLEY

MARYLAND

21031

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Chief Human Relations Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock - Voting								9,037.94	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	06/16/2026		A		53.793		⁽¹⁾	⁽¹⁾	Common Stock - Voting	53.793	$47.19	4,655.407	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.

	Jeffery D. Schwartz, Attorney-in-fact	06/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MKC executive Sarah Piper report on this Form 4?

Sarah Piper reported receiving an award of 53.793 Phantom Stock shares as compensation. The award was recorded at $47.1900 per share and is held through the Non Qualified Retirement Savings Plan, rather than as a direct open-market stock purchase or sale.

What is Phantom Stock in the MKC Form 4 for Sarah Piper?

Phantom Stock represents the right to receive one share of Common Stock - Voting for each phantom share. Under McCormick’s Non Qualified Retirement Savings Plan, these phantom units are payable in actual Common Stock - Voting, following the plan’s specific payout terms and schedule.

How many Phantom Stock units does Sarah Piper hold after this MKC filing?

Following the reported award, Sarah Piper holds 4,655.407 Phantom Stock units indirectly. All of these units are tied to McCormick’s Non Qualified Retirement Savings Plan and are ultimately payable in shares of Common Stock - Voting under the plan’s provisions.

Did Sarah Piper buy or sell MKC common shares in the open market?

The filing does not show any open-market purchases or sales of MKC common shares by Sarah Piper. It reports a grant of Phantom Stock units and a holding entry, reflecting updated positions rather than discretionary market trading activity in the company’s stock.

What are Sarah Piper’s direct MKC Common Stock - Voting holdings after the transaction?

After the reported transactions, Sarah Piper directly holds 9,037.9400 shares of McCormick Common Stock - Voting. This figure reflects her direct ownership position and is separate from the Phantom Stock units held indirectly through the retirement savings plan.

How is the Non Qualified Retirement Savings Plan involved in this MKC Form 4?

The Non Qualified Retirement Savings Plan is the vehicle through which Sarah Piper holds 4,655.407 Phantom Stock units. Under this plan, each phantom unit corresponds to one share of Common Stock - Voting, which will be delivered according to the plan’s payout rules and timing.