McCormick (MKC) director reports dividend-based phantom stock accrual
Rhea-AI Filing Summary
McCormick & Company, Incorporated director reports routine equity accrual tied to dividend reinvestment. On 10/27/2025, the reporting person acquired 192.008 phantom stock units, referencing McCormick common stock – voting, at a price of $67.13 per share equivalent through a non-qualified retirement savings plan. Following this transaction, the reporting person beneficially owns 28,835.687 phantom stock units indirectly through the plan, along with 82,142.195 shares of McCormick common stock – voting and 6,235.263 shares of common stock – non-voting directly.
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FAQ
What insider transaction did McCormick (MKC) report in this Form 4?
The filing reports a director’s acquisition of 192.008 phantom stock units tied to McCormick common stock – voting on 10/27/2025, recorded as a transaction coded "J" with an explanation of dividend reinvestment.
What price was used for the McCormick (MKC) phantom stock units in this transaction?
The 192.008 phantom stock units were recorded at a reference price of $67.13 per share equivalent of McCormick common stock – voting.
How many McCormick (MKC) phantom stock units does the insider own after the reported transaction?
After the dividend reinvestment, the reporting person beneficially owns 28,835.687 phantom stock units indirectly through a Non Qualified Retirement Savings Plan.
What is the director’s direct ownership of McCormick (MKC) common stock after this filing?
The director directly owns 82,142.195 shares of McCormick common stock – voting and 6,235.263 shares of McCormick common stock – non-voting.
What is the relationship of the reporting person to McCormick (MKC)?
The reporting person is identified as a Director of McCormick & Company, Incorporated.
Is this McCormick (MKC) Form 4 filed for one or multiple reporting persons?
The document states that it is a Form filed by One Reporting Person, not a joint or group filing.