McCormick CEO granted additional phantom stock units
MCCORMICK & CO INC reported that Chairman, President & CEO Brendan M. Foley acquired 47.1810 shares of Phantom Stock on 2026-08-10 as a grant under a Non-Qualified Retirement Savings Plan, at a reference value of $53.13 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
MCCORMICK & CO INC reported that Chairman, President & CEO Brendan M. Foley acquired 47.1810 shares of Phantom Stock on 2026-08-10 as a grant under a Non-Qualified Retirement Savings Plan, at a reference value of $53.13 per share. Each phantom share represents the right to receive one share of Common Stock - Voting, payable in stock under the plan terms. Following this grant, Foley holds 14,314.6380 phantom shares indirectly. As of the same date, he also holds 130,344.016 shares of Common Stock - Voting and 1,754.0000 shares of Common Stock - Non Voting directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1 | 47.181 | $53.13 | $3K |
| 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.
Key Figures
Key Terms
Phantom Stock financial
Non Qualified Retirement Savings Plan financial
Common Stock - Voting financial
Common Stock - Non Voting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MKC Chairman and CEO Brendan Foley acquire in this Form 4?
What direct MKC common stock holdings does Brendan Foley report?
How is the Phantom Stock grant for MKC’s CEO valued in this filing?
What does Phantom Stock mean in the context of MKC’s retirement plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.