McCormick (NYSE: MKC) EMEA president exercises 427 RSUs, 200 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCORMICK & CO INC President EMEA Ana Sanchez exercised restricted stock units into common shares and had shares withheld for taxes. On March 15, 2026, 427 Restricted Stock Units converted into 427 shares of Common Stock - Voting at a conversion price of $0.0000 per share.
To satisfy tax obligations, 200 shares of Common Stock - Voting were disposed of at $58.4800 per share through a tax-withholding transaction, not an open-market sale. After these transactions, Sanchez directly owned 8,537.487 shares of Common Stock - Voting.
Positive
- None.
Negative
- None.
Insider Trade Summary
427 shares exercised/converted
Mixed
3 txns
Insider
Sanchez Ana
Role
President EMEA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 427 | $0.00 | -- |
| Exercise | Common Stock - Voting | 427 | $0.00 | -- |
| Tax Withholding | Common Stock - Voting | 200 | $58.48 | $12K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock - Voting — 8,737.487 shares (Direct)
Footnotes (1)
- Restricted Stock Units; No purchase price required. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2024, March 15, 2025 and March 15, 2026. The Restricted Stock Units granted on March 29, 2023.
FAQ
What insider transaction did MKC executive Ana Sanchez report on this Form 4?
Ana Sanchez reported exercising 427 Restricted Stock Units into 427 shares of McCormick Common Stock - Voting. The transaction reflects a derivative exercise, turning previously granted RSUs into actual shares as part of her equity compensation.
What was the size of the RSU exercise reported by Ana Sanchez at McCormick (MKC)?
Ana Sanchez exercised 427 Restricted Stock Units, converting them into 427 shares of McCormick Common Stock - Voting at a stated conversion price of $0.0000 per share, consistent with no purchase price required for these RSUs.
What role does Ana Sanchez hold at McCormick (MKC) in this Form 4?
In this Form 4, Ana Sanchez is identified as an officer of McCormick, serving as President EMEA. The reported equity transactions relate to her compensation in the form of Restricted Stock Units and subsequent common stock holdings.