McCormick CEO granted additional phantom stock units
Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
McCormick & Co. Chairman, President & CEO Brendan M. Foley reported a compensation-related grant of 38.377 shares of Phantom Stock on March 10, 2026. Each phantom share represents the right to receive one share of McCormick Common Stock – Voting under the company’s Non-Qualified Retirement Savings Plan.
Following this grant, Foley holds 12,949.963 phantom stock shares indirectly in the plan, along with 130,056.016 Common Stock – Voting shares and 1,383.460 Common Stock – Non Voting shares directly. The filing does not show any open-market buys or sells, only this award and updated holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 38.377 | $63.39 | $2K |
| holding | Common Stock - Voting | -- | -- | -- |
| holding | Common Stock - Non 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.
FAQ
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What did McCormick (MKC) CEO Brendan Foley report in this Form 4?
What is Phantom Stock in McCormick (MKC) CEO Brendan Foley’s filing?
How many Phantom Stock units does McCormick (MKC) CEO Brendan Foley now hold?
Is the McCormick (MKC) CEO’s Phantom Stock grant part of a retirement plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.