McCormick (NYSE: MKC) grants 8,656 Restricted Stock Units to officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Co. officer Sarah Piper reported an equity award and updated share holdings. On February 6, 2026, she received 8,656 Restricted Stock Units, each representing a contingent right to one share of McCormick common stock.
The 8,656 Restricted Stock Units vest in three equal installments on March 15, 2027, March 15, 2028 and March 15, 2029. Following this grant, Piper directly beneficially owned 8,656 Restricted Stock Units and 9,631.04 shares of McCormick voting common stock, and held phantom stock through a Non-Qualified Retirement Savings Plan as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Piper Sarah
Role
Chief Human Relations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,656 | $0.00 | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock - Voting | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,656 shares (Direct);
Phantom Stock — 0 shares (Indirect, Non Qualified Retirement Savings Plan);
Common Stock - Voting — 9,631.04 shares (Direct)
Footnotes (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. The Restricted Stock Unit represents a contingent right to receive one share of Common Stock. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2027, March 15, 2028 and March 15, 2029.
FAQ
What insider transaction did McCormick (MKC) report for Sarah Piper?
McCormick reported an equity grant to officer Sarah Piper. On February 6, 2026, she received 8,656 Restricted Stock Units, each representing a contingent right to one share of McCormick voting common stock, as disclosed in the Form 4 filing.
How many Restricted Stock Units did Sarah Piper receive from McCormick (MKC)?
Sarah Piper received 8,656 Restricted Stock Units. The filing states these units were awarded on February 6, 2026, at a price of $0 per unit, with each unit representing a contingent right to one share of McCormick voting common stock.
When do Sarah Piper’s McCormick (MKC) Restricted Stock Units vest?
The Restricted Stock Units vest over three years. According to the filing, they vest in thirds on March 15, 2027, March 15, 2028 and March 15, 2029, subject to the terms and conditions of the underlying award agreement.
What is the phantom stock mentioned in Sarah Piper’s McCormick (MKC) filing?
Phantom stock represents a right to receive McCormick common shares. The footnotes explain that each phantom stock share corresponds to one share of voting common stock, payable under the company’s Non-Qualified Retirement Savings Plan according to its terms.