McCormick director converts 2,222 RSUs to shares

McCormick & Co. director Valarie L. Sheppard exercised Restricted Stock Units into common stock through a derivative conversion.

Accepted by SEC EDGAR 02/18/2026 - 01:56 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

McCormick & Co. director Valarie L. Sheppard exercised Restricted Stock Units into common stock through a derivative conversion. She received 2,222 shares of voting common stock at a price of $0.00 per share, and now directly holds 2,570.47 shares after the transaction.

Insider Trade Summary

2,222 shares exercised/converted

Exercise 2 txns

Insider Sheppard Valarie L

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,222	$0.00	$0.00
Exercise	Common Stock - Voting	2,222	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock - Voting — 2,570.47 shares (Direct)

Holdings Before and After: Restricted Stock Units, 2,222 to 0 contracts (Direct); Common Stock - Voting, 348.47 to 2,570.47 shares (Direct)

Footnotes (3)

1. F1. Restricted Stock Units; No purchase price required.
2. F2. The reported Restricted Stock Units entitles the Reporting Person to receive an annual distribution of common stock equal to 100% of the grant.
3. F3. The Restricted Stock Units granted on February 7, 2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did McCormick (MKC) director Valarie Sheppard report?

Valarie L. Sheppard reported exercising Restricted Stock Units into McCormick common stock. The transaction was a derivative exercise, converting RSUs into voting common shares rather than an open-market purchase or sale, reflecting the settlement of an equity award previously granted to her.

How many McCormick (MKC) shares did Valarie Sheppard acquire in this Form 4?

Sheppard acquired 2,222 shares of McCormick voting common stock through the exercise of Restricted Stock Units. This conversion increased her direct ownership, with her total holdings reported at 2,570.47 common shares immediately following the transaction on February 15, 2026.

What was the price per share for Valarie Sheppard’s McCormick (MKC) RSU conversion?

The RSU conversion had a reported price of $0.00 per share, meaning no cash purchase price was required. The Form 4 footnotes clarify that these were Restricted Stock Units with no purchase cost, settling into shares of McCormick common stock upon distribution.

What type of security did Valarie Sheppard convert into McCormick (MKC) common stock?

Sheppard converted Restricted Stock Units into McCormick common stock through a derivative exercise transaction. The filing notes these RSUs entitled her to receive an annual distribution of common stock equal to 100% of the grant, which was originally granted on February 7, 2025.

How many McCormick (MKC) shares does Valarie Sheppard hold after this Form 4 transaction?

After the RSU conversion, Sheppard’s direct ownership in McCormick common stock is 2,570.47 shares. This figure reflects her holdings immediately following the February 15, 2026 derivative exercise that settled 2,222 Restricted Stock Units into voting common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Sheppard Valarie L

(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)
02/15/2026

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	02/15/2026		M		2,222	A	(1)	2,570.47	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
Restricted Stock Units	(1)	02/15/2026		M			2,222	(2)	(2)	Common Stock - Voting	2,222	(3)	0	D

Explanation of Responses:

1. Restricted Stock Units; No purchase price required.

2. The reported Restricted Stock Units entitles the Reporting Person to receive an annual distribution of common stock equal to 100% of the grant.

3. The Restricted Stock Units granted on February 7, 2025.

	Jason E. Wynn, Attorney-in-Fact	02/18/2026
	** 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.
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