McCormick CEO awarded 20,198 LTIP shares
McCormick & Company Chairman, President & CEO Brendan M. Foley reported an equity grant and updated his share holdings.
Rhea-AI Filing Summary
McCormick & Company Chairman, President & CEO Brendan M. Foley reported an equity grant and updated his share holdings. On 01/19/2026 he was awarded 20,198 shares of Common Stock - Voting at a price of $0, granted under McCormick's Long-Term Incentive Program for the performance cycle from December 1, 2022 through November 30, 2025. After this award, he directly owns 128,972.016 voting shares.
The filing also notes that his direct holdings were reduced by 64 voting shares and 2 non-voting shares because October dividend reinvestments, previously reported on November 19, 2025, had been inadvertently counted twice due to an administrative error. Foley holds additional Common Stock - Non Voting directly, as reflected in the updated balances in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Voting | 20,198 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (3)
- F1. Shares awarded pursuant to McCormick's Long-Term Incentive Program (LTIP) for the three (3) year performance cycle beginning on December 1, 2022 and ending on November 30, 2025.
- F2. The reporting person???s direct holdings of voting and non-voting shares has been reduced by 64 shares and 2 shares, respectively, because the October dividend reinvestments reported on November 19, 2025 were inadvertently included twice due to an administrative error.
- F3. 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.
FAQ
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What did McCormick (MKC) CEO Brendan M. Foley report in this Form 4?
Does the filing mention any McCormick (MKC) phantom stock for the CEO?
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