McCormick (NYSE: MKC) CEO receives phantom stock award under savings plan

Q: What are Brendan Foley’s direct share holdings in McCormick (MKC) after the reported transactions?

Following the reported transactions, Brendan Foley directly holds 130,056.016 shares of Common Stock - Voting and 1,383.460 shares of Common Stock - Non Voting. These amounts reflect his direct ownership positions apart from phantom stock units.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.

MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley reported a compensation-related award of phantom stock rather than an open-market trade. He received 48.225 units of Phantom Stock at $51.98 per unit under a Non-Qualified Retirement Savings Plan, each unit representing one share of Common Stock - Voting.

After this award, Foley’s plan account holds 13,779.888 phantom stock units linked to Common Stock - Voting. Separately, his direct holdings total 130,056.016 shares of Common Stock - Voting and 1,383.460 shares of Common Stock - Non Voting. The filing also includes two entries that simply restate his direct share holdings without indicating new purchases or sales.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Foley Brendan M

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	48.225	$51.98	$3K
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Non Voting	--	--	--

Holdings After Transaction: Phantom Stock — 13,779.888 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 130,056.016 shares (Direct, null); Common Stock - Non Voting — 1,383.46 shares (Direct, null)

Footnotes (1)

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Key Figures

Phantom stock award: 48.225 units Phantom stock price: $51.98 per unit Total phantom stock units after award: 13,779.888 units +3 more

6 metrics

Phantom stock award 48.225 units Grant under Non-Qualified Retirement Savings Plan on April 21, 2026

Phantom stock price $51.98 per unit Award value reference for phantom stock units

Total phantom stock units after award 13,779.888 units Balance in Non-Qualified Retirement Savings Plan after transaction

Direct voting shares 130,056.016 shares Common Stock - Voting directly held after reported transactions

Direct non-voting shares 1,383.460 shares Common Stock - Non Voting directly held after reported transactions

Conversion ratio 1:1 unit-to-share Each phantom stock unit equals one share of Common Stock - Voting

Key Terms

Phantom Stock, Non-Qualified Retirement Savings Plan, Common Stock - Voting, Common Stock - Non Voting

4 terms

Phantom Stock financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Non-Qualified Retirement Savings Plan financial

"Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan."

Common Stock - Voting financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

Common Stock - Non Voting financial

"Common Stock - Non Voting"

Form 4 Insider Transactions: What Each Field Means →

04/23/2026 - 03:35 PM

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^*

Foley Brendan M

(Last)

(First)

(Middle)

24 SCHILLING ROAD

SUITE 1

(Street)

HUNT VALLEY

MARYLAND

21031

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman, President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock - Voting								130,056.016	D
Common Stock - Non Voting								1,383.46	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	04/21/2026		A		48.225		⁽¹⁾	⁽¹⁾	Common Stock - Voting	48.225	$51.98	13,779.888	I	Non Qualified Retirement Savings Plan

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.

	Jason E. Wynn, Attorney-in-Fact	04/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MKC CEO Brendan Foley report on this Form 4?

Brendan Foley reported receiving a grant of 48.225 units of phantom stock as compensation. These units are linked to McCormick common stock and credited under a Non-Qualified Retirement Savings Plan, rather than being bought on the open market.

What is phantom stock in the context of McCormick (MKC)?

Phantom stock represents a right to receive McCormick Common Stock - Voting on a one-for-one basis. The units track the value of the stock and are payable in shares according to the Non-Qualified Retirement Savings Plan’s terms.

How many phantom stock units does the MKC CEO hold after this award?

After the 48.225-unit award, Brendan Foley holds 13,779.888 phantom stock units. Each unit is tied to one share of Common Stock - Voting and is payable in shares under the company’s Non-Qualified Retirement Savings Plan.

Did the MKC CEO buy or sell common stock in the market in this filing?

The filing does not show open-market purchases or sales of McCormick common stock. It reports a compensation grant of phantom stock units and restates existing direct holdings of Common Stock - Voting and Common Stock - Non Voting.

How is the Non-Qualified Retirement Savings Plan used in this MKC Form 4?

The Non-Qualified Retirement Savings Plan holds phantom stock units for Brendan Foley. The 48.225-unit award is credited to this plan, and units are payable in shares of Common Stock - Voting according to the plan’s terms and distribution rules.