STOCK TITAN

Director at McCormick (MKC) converts 2,222 RSUs into voting common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McCormick & Co. director Michael D. Mangan exercised 2,222 restricted stock units into voting common shares at no purchase price. The derivative transaction converted Restricted Stock Units into an equal number of Common Stock – Voting shares, reflecting an exercise or conversion of a derivative security.

Following the transaction on February 15, 2026, Mangan held 45,251 shares of Common Stock – Voting and 4,234 shares of Common Stock – Non Voting in direct ownership. The footnotes state that the restricted stock units required no purchase price and were granted on February 7, 2025, entitling him to receive an annual distribution of common stock equal to 100% of the grant.

Positive

  • None.

Negative

  • None.
Insider MANGAN MICHAEL D
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 2,222 $0.00 --
Exercise Common Stock - Voting 2,222 $0.00 --
holding Common Stock - Non Voting -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock - Voting — 45,251 shares (Direct); Common Stock - Non Voting — 4,234 shares (Direct)
Footnotes (1)
  1. Restricted Stock Units; No purchase price required. The reported Restricted Stock Units entitles the Reporting Person to receive an annual distribution of common stock equal to 100% of the grant. The Restricted Stock Units granted on February 7, 2025.
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*
MANGAN MICHAEL D

(Last) (First) (Middle)
2041 ISLA VISTA LANE

(Street)
NAPLES FL 34105

(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) 45,251 D
Common Stock - Non Voting 4,234 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.
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.

FAQ

What did Michael D. Mangan report in this Form 4 for MKC?

Michael D. Mangan reported exercising 2,222 restricted stock units into McCormick & Co. voting common shares. This derivative conversion required no purchase price and increased his directly held Common Stock – Voting position as of February 15, 2026.

How many McCormick (MKC) voting shares does Mangan hold after the transaction?

After the transaction, Michael D. Mangan holds 45,251 shares of McCormick & Co. Common Stock – Voting. This figure reflects his direct ownership following the exercise and conversion of 2,222 restricted stock units on February 15, 2026.

What are the terms of Mangan’s restricted stock units in this MKC filing?

The restricted stock units required no purchase price and were granted on February 7, 2025. They entitle Michael D. Mangan to receive an annual distribution of McCormick common stock equal to 100% of the original grant amount.

Does this McCormick (MKC) Form 4 show a market purchase or sale?

This Form 4 does not show a market purchase or sale. It reports an exercise or conversion of restricted stock units into 2,222 McCormick voting shares, a derivative conversion transaction rather than an open-market buy or sell.

How many McCormick (MKC) non-voting shares does Mangan own after this filing?

Michael D. Mangan holds 4,234 shares of McCormick & Co. Common Stock – Non Voting after the reported transactions. This figure represents his direct non-voting share ownership as of the February 15, 2026 reporting date.