McCormick officer granted 8,656 RSUs
McCormick & Co. officer Sarah Piper reported an equity award and updated share holdings.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,656 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock - Voting | -- | -- | -- |
Footnotes (3)
- 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.
- F2. The Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
- F3. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2027, March 15, 2028 and March 15, 2029.
FAQ
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What insider transaction did McCormick (MKC) report for Sarah Piper?
How many Restricted Stock Units did Sarah Piper receive from McCormick (MKC)?
When do Sarah Piper’s McCormick (MKC) Restricted Stock Units vest?
What is the phantom stock mentioned in Sarah Piper’s McCormick (MKC) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.