McCormick officer dividend reinvests MKC shares
McCormick & Co. Chief Integration Officer Andrew Foust reported routine share movements tied to dividend reinvestment.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
McCormick & Co. Chief Integration Officer Andrew Foust reported routine share movements tied to dividend reinvestment. On April 28, 2026, a total of 55.03 McCormick shares were reallocated between non-voting and voting common stock through an "other" transaction classified as dividend reinvestment, leaving him with 337.6 non-voting shares and 13,335.38 voting shares held directly.
Insider Trade Summary
Other: 55.03 shares
Other
2 txns
Insider
Foust Andrew
Role
Chief Integration Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock - Voting | 51.87 | $51.81 | $3K |
| Other | Common Stock - Non Voting | 3.16 | $51.81 | $163.72 |
Holdings After Transaction:
Common Stock - Voting — 13,335.38 shares (Direct);
Common Stock - Non Voting — 337.6 shares (Direct)
Holdings Before and After:
Common Stock - Voting, 13,283.51 to 13,335.38 shares (Direct);
Common Stock - Non Voting, 334.44 to 337.6 shares (Direct)
Footnotes (1)
- F1. Dividend Reinvestment
Key Figures
Non-voting shares in transaction: 3.16 shares
Voting shares in transaction: 51.87 shares
Total shares reallocated: 55.03 shares
+3 more
6 metrics
Non-voting shares in transaction
3.16 shares
Common Stock - Non Voting at $51.81 on April 28, 2026
Voting shares in transaction
51.87 shares
Common Stock - Voting at $51.81 on April 28, 2026
Total shares reallocated
55.03 shares
TransactionSummary restructuringShares for code J
Price per share
$51.81/share
Applied to both non-voting and voting stock in the transaction
Non-voting shares after transaction
337.6 shares
Total non-voting common stock held directly after April 28, 2026
Voting shares after transaction
13,335.38 shares
Total voting common stock held directly after April 28, 2026
Key Terms
Dividend Reinvestment, Common Stock - Non Voting, Common Stock - Voting, Other acquisition or disposition, +1 more
5 terms
Dividend Reinvestment financial
"A footnote labels the transaction as "Dividend Reinvestment"."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Common Stock - Non Voting financial
"The transaction involves "Common Stock - Non Voting" at $51.81 per share."
Common Stock - Voting financial
"Another entry lists "Common Stock - Voting" with 51.87 shares at $51.81."
Other acquisition or disposition financial
"The code J is described as "Other acquisition or disposition"."
Form 4 regulatory
"Insider activity is reported through this Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did McCormick (MKC) officer Andrew Foust report in this Form 4?
Andrew Foust reported an "other" type transaction reallocating 55.03 McCormick shares. The filing shows this was related to dividend reinvestment, affecting both non-voting and voting common stock holdings on April 28, 2026.
What are Andrew Foust’s McCormick (MKC) holdings after the transaction?
After the transaction, Andrew Foust directly holds 337.6 shares of non-voting common stock and 13,335.38 shares of voting common stock. These balances reflect the impact of the April 28, 2026 dividend reinvestment reallocation.
Was this McCormick (MKC) Form 4 a buy or sell by Andrew Foust?
The Form 4 classifies the activity as an "other acquisition or disposition" under code J. A footnote describes it as dividend reinvestment, rather than an open-market buy or sell transaction by Andrew Foust.
At what price was the McCormick (MKC) dividend reinvestment recorded?
Both the non-voting and voting McCormick shares in this transaction are recorded at a price of $51.81 per share. This price applies to the 3.16 non-voting shares and 51.87 voting shares involved on April 28, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
