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McCormick (NYSE: MKC) CEO adds phantom stock in retirement plan award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Foley Brendan M

(Last) (First) (Middle)
24 SCHILLING ROAD
SUITE 1

(Street)
HUNT VALLEY MD 21031

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock - Voting 130,056.016 D
Common Stock - Non Voting 1,383.46 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) 03/10/2026 A 38.377 (1) (1) Common Stock - Voting 38.377 $63.39 12,949.963 I Non Qualified Retirement Savings Plan
Explanation of Responses:
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.
Jason E. Wynn, Attorney-in-Fact 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did McCormick (MKC) CEO Brendan Foley report in this Form 4?

Brendan Foley reported a grant of 38.377 shares of Phantom Stock on March 10, 2026. These units are part of a Non-Qualified Retirement Savings Plan and track McCormick’s Common Stock – Voting, increasing his deferred, stock-linked compensation position.

What is Phantom Stock in McCormick (MKC) CEO Brendan Foley’s filing?

Phantom Stock represents a right to receive one share of McCormick Common Stock – Voting for each unit. Foley’s award is payable in actual shares under the Non-Qualified Retirement Savings Plan, aligning his deferred compensation with the company’s share performance over time.

How many Phantom Stock units does McCormick (MKC) CEO Brendan Foley now hold?

After the March 10, 2026 grant, Brendan Foley holds 12,949.963 Phantom Stock shares indirectly. These units are credited within McCormick’s Non-Qualified Retirement Savings Plan and are designed to be settled in Common Stock – Voting according to the plan’s terms.

Did McCormick (MKC) CEO Brendan Foley buy or sell common shares in this Form 4?

The Form 4 does not show open-market purchases or sales of common shares. It reports a grant of 38.377 Phantom Stock units and updates his direct holdings of 130,056.016 Common Stock – Voting shares and 1,383.460 Common Stock – Non Voting shares.

What are Brendan Foley’s direct McCormick (MKC) share holdings after this report?

Following the reported transactions, Brendan Foley directly holds 130,056.016 shares of Common Stock – Voting and 1,383.460 shares of Common Stock – Non Voting. These positions are in addition to his 12,949.963 indirectly held Phantom Stock units in the retirement savings plan.

Is the McCormick (MKC) CEO’s Phantom Stock grant part of a retirement plan?

Yes. The filing states the Phantom Stock is held in a Non-Qualified Retirement Savings Plan. Each phantom share is payable in one share of McCormick Common Stock – Voting under that plan’s terms, linking retirement benefits to the company’s equity value.
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