McCormick CHRO granted 47.8 Phantom Stock units
Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.
McCormick & Co Inc reported that Chief Human Relations Officer Sarah Piper received an award of 47.779 shares of Phantom Stock on August 10, 2026. Each phantom share represents the right to receive one share of Common Stock - Voting under the company’s Non-Qualified Retirement Savings Plan and is payable in shares of Common Stock - Voting according to that plan’s terms.
After this award, Piper indirectly holds 4,848.986 Phantom Stock units through the retirement plan and directly holds 9,037.94 shares of Common Stock - Voting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1 | 47.779 | $53.13 | $3K |
| Holding | Common Stock - Voting | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Phantom Stock financial
Non Qualified Retirement Savings Plan financial
Common Stock - Voting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did McCormick (MKC) insider Sarah Piper report in this Form 4?
How many Phantom Stock units does Sarah Piper hold at McCormick (MKC) after the transaction?
What does Phantom Stock mean in McCormick (MKC)’s Non-Qualified Retirement Savings Plan?
Was the McCormick (MKC) Form 4 transaction by Sarah Piper a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.