McCormick (NYSE: MKC) awards 1,968 RSUs to VP & Controller Repas
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Company executive Gregory Repas reported an equity grant in a Form 4 filing. On February 6, 2026, he was awarded 1,968 Restricted Stock Units, each representing a contingent right to receive one share of McCormick common stock.
The RSUs vest in three equal installments on February 15, 2027, February 15, 2028, and February 15, 2029, encouraging longer-term retention. After this award, Repas directly beneficially owned 1,968 RSUs and 2,266 shares of McCormick voting common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Repas Gregory
Role
V.P. & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,968 | $0.00 | -- |
| holding | Common Stock - Voting | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,968 shares (Direct);
Common Stock - Voting — 2,266 shares (Direct)
Footnotes (1)
- The Restricted Stock Unit represents a contingent right to receive one share of Common Stock. The Restricted Stock Units vest in thirds over a three year period beginning on February 15, 2027, February 15, 2028 and February 15, 2029.
FAQ
What does the latest McCormick (MKC) Form 4 filing report?
The Form 4 reports an equity award to McCormick executive Gregory Repas. On February 6, 2026, he received 1,968 Restricted Stock Units, each tied to one share of common stock, with vesting spread over three annual dates starting February 15, 2027.
How many Restricted Stock Units did Gregory Repas receive from McCormick (MKC)?
Gregory Repas received 1,968 Restricted Stock Units from McCormick. Each unit represents a contingent right to receive one share of McCormick common stock, meaning the units convert into shares only as they vest over the specified three-year schedule.
What is the vesting schedule for Gregory Repas’s McCormick (MKC) RSUs?
The RSUs vest in three equal tranches over three years. Vesting begins on February 15, 2027, with additional installments on February 15, 2028, and February 15, 2029, aligning the award with multi-year service and performance horizons for the executive.
What position does Gregory Repas hold at McCormick (MKC)?
In this filing, Gregory Repas is identified as an officer of McCormick, serving as Vice President and Controller. This role places him among the company’s senior financial leadership, which is why his equity transactions are reported on a Form 4 with the SEC.
Are Gregory Repas’s McCormick (MKC) RSUs granted at a cash cost to him?
The reported RSU award shows a price of $0.00 per unit, indicating no cash paid by Gregory Repas for the grant. Instead, the units are part of his compensation and may convert into common shares as they vest according to the disclosed schedule.