STOCK TITAN

McCormick (NYSE: MKC) director Tapiero exercises options, sells shares and receives RSUs

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

McCormick & Co. director Jacques Tapiero reported several equity transactions. On 02/05/2026 he exercised options for 5,000 shares of Common Stock - Voting at $49.96 per share and sold 5,000 shares at $67.09, leaving 31,596.054 voting shares held directly. He also holds 2,620 Common Stock - Non Voting shares.

On 02/06/2026 he received 2,598 Restricted Stock Units, each representing one share of Common Stock - Voting, which vest in full on 02/15/2027. In addition, he indirectly holds 2,206.082 phantom stock units under a Non-Qualified Retirement Savings Plan, each linked to one share of voting common stock.

Positive

  • None.

Negative

  • None.
Insider Tapiero Jacques
Role Director
Sold 5,000 shs ($335K)
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,598 $0.00 --
Exercise Options - Right to Buy 5,000 $0.00 --
Exercise Common Stock - Voting 5,000 $49.96 $250K
Sale Common Stock - Voting 5,000 $67.09 $335K
holding Phantom Stock -- -- --
holding Common Stock - Non Voting -- -- --
Holdings After Transaction: Restricted Stock Units — 2,598 shares (Direct); Options - Right to Buy — 0 shares (Direct); Common Stock - Voting — 36,596.054 shares (Direct); Phantom Stock — 0 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Non Voting — 2,620 shares (Direct)
Footnotes (1)
  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. Option exercised; no purchase price required. 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.
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*
Tapiero Jacques

(Last) (First) (Middle)
24 SCHILLING ROAD
SUITE 1

(Street)
HUNT VALLEY MD 21031

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock - Voting 02/05/2026 M 5,000 A $49.96 36,596.054 D
Common Stock - Voting 02/05/2026 S 5,000 D $67.09 31,596.054 D
Common Stock - Non Voting 2,620 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) (1) (1) Common Stock - Voting 0 2,206.082 I Non Qualified Retirement Savings Plan
Options - Right to Buy $67.09 02/05/2026 M 5,000 03/30/2017 03/29/2026 Common Stock - Voting 5,000 $0(2) 0 D
Restricted Stock Units (3) 02/06/2026 A 2,598 (4) (4) Common Stock - Voting 2,598 $0 2,598 D
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.
2. Option exercised; no purchase price required.
3. The Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
4. The Restricted Stock Units vest in full on 2/15/2027 and are settled in an equal number of shares of McCormick stock.
Jason E. Wynn, Attorney-in-fact 02/09/2026
** 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.

FAQ

What insider transactions did Jacques Tapiero report at McCormick (MKC)?

Jacques Tapiero reported exercising options for 5,000 McCormick voting shares at $49.96 and selling 5,000 shares at $67.09 on 02/05/2026. He also reported a grant of 2,598 restricted stock units on 02/06/2026 that vest in 2027.

How many McCormick (MKC) shares did Jacques Tapiero sell and at what price?

Jacques Tapiero sold 5,000 shares of McCormick Common Stock - Voting at $67.09 per share on 02/05/2026. This sale followed the exercise of options for 5,000 shares and left him with 31,596.054 voting shares held directly afterward.

What restricted stock units did Jacques Tapiero receive from McCormick (MKC)?

On 02/06/2026, Jacques Tapiero received 2,598 Restricted Stock Units from McCormick at no cash cost. Each unit represents one share of Common Stock - Voting and vests in full on 02/15/2027, then is settled in an equal number of McCormick shares.

What is Jacques Tapiero’s McCormick (MKC) share ownership after these transactions?

After the reported trades, Jacques Tapiero directly owns 31,596.054 shares of McCormick Common Stock - Voting and 2,620 shares of Common Stock - Non Voting. He also holds 2,598 restricted stock units and 2,206.082 phantom stock units tied to voting common shares.

What are the phantom stock units reported by Jacques Tapiero at McCormick (MKC)?

Each phantom stock unit gives the right to receive one share of McCormick Common Stock - Voting. Tapiero’s phantom stock is payable in shares according to the Non-Qualified Retirement Savings Plan, and is reported as 2,206.082 units held indirectly through that plan.

What options did Jacques Tapiero exercise in McCormick (MKC) stock?

Jacques Tapiero exercised options covering 5,000 shares of McCormick Common Stock - Voting on 02/05/2026. The option carried an exercise price of $67.09 per share, was reported with no purchase price required, and resulted in 5,000 underlying shares delivered and then sold.