McCormick (NYSE: MKC) VP awarded 14,307 shares in LTIP stock grant
Rhea-AI Filing Summary
McCormick & Co. executive Jeffery D. Schwartz, Vice President and General Counsel, reported an equity award under the company’s long-term incentive plan. On January 19, 2026, he was awarded 14,307 shares of McCormick voting common stock at $0 per share, coded as an acquisition. These shares were granted pursuant to McCormick’s Long-Term Incentive Program for the three-year performance cycle beginning on December 1, 2022 and ending on November 30, 2025.
After this award, Schwartz beneficially owns 90,028 shares of voting common stock directly, plus 246 shares of non-voting common stock held directly. The filing reflects routine equity compensation, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Voting | 14,307 | $0.00 | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (1)
- [object Object]
FAQ
What insider transaction did McCormick (MKC) report for Jeffery D. Schwartz?
The filing shows that Jeffery D. Schwartz, McCormick’s Vice President and General Counsel, received an award of 14,307 shares of voting common stock on January 19, 2026 as equity compensation.
Was the McCormick (MKC) insider transaction a purchase or a grant?
The Form 4 codes the transaction as “A” for acquisition at a price of $0 per share, and a footnote explains that the 14,307 shares were awarded under McCormick’s Long-Term Incentive Program, indicating a grant rather than an open-market purchase.
What is the long-term incentive program mentioned in the McCormick (MKC) Form 4?
The footnote states that the 14,307 voting shares were awarded under McCormick’s Long-Term Incentive Program (LTIP) for a three-year performance cycle beginning on December 1, 2022 and ending on November 30, 2025.
Does the McCormick (MKC) Form 4 show any derivative securities for Jeffery D. Schwartz?
The provided Form 4 data lists no derivative securities transactions for Jeffery D. Schwartz in Table II; the reported activity relates only to non-derivative common stock.
What roles does Jeffery D. Schwartz hold at McCormick (MKC)?
According to the filing, Jeffery D. Schwartz is an officer of McCormick & Co. with the title Vice President, General Counsel, and he is not listed as a director or 10% owner.