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McCormick & Co (MKC) CEO receives new phantom stock grant and reports holdings

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

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.

Positive

  • None.

Negative

  • None.
Insider Foley Brendan M
Role Chairman, President & CEO
Type Security Shares Price Value
Grant/Award Phantom Stock F1 47.181 $53.13 $3K
holding Common Stock - Voting -- -- --
holding Common Stock - Non Voting -- -- --
Holdings After Transaction: Phantom Stock — 14,314.638 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 130,344.016 shares (Direct); Common Stock - Non Voting — 1,754 shares (Direct)
Footnotes (1)
  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.
Phantom Stock granted 47.1810 shares Grant of Phantom Stock on 2026-08-10
Phantom Stock reference price $53.13 per share Notional per-share value for Phantom Stock grant
Phantom Stock holdings after grant 14,314.6380 shares Indirect Phantom Stock position following 2026-08-10 grant
Direct Common Stock - Voting holdings 130,344.0160 shares Direct voting common shares held as of 2026-08-10
Direct Common Stock - Non Voting holdings 1,754.0000 shares Direct non-voting common shares held as of 2026-08-10
Phantom Stock financial
"Each share of phantom stock represents the right to receive one share"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Non Qualified Retirement Savings Plan financial
"payable in shares of Common Stock - Voting in accordance with the terms"
Common Stock - Voting financial
"Each share of phantom stock represents the right to receive one share"
Common Stock - Non Voting financial
"Common Stock - Non Voting"

FAQ

What did MKC Chairman and CEO Brendan Foley acquire in this Form 4?
Brendan Foley received a grant of 47.1810 Phantom Stock shares on 2026-08-10. Each phantom share corresponds to one share of Common Stock - Voting payable under the Non-Qualified Retirement Savings Plan.

How many Phantom Stock shares does MKC’s Brendan Foley hold after this grant?
After the reported grant, Brendan Foley holds 14,314.6380 Phantom Stock shares indirectly. These units are tied to the company’s Common Stock - Voting and are payable in shares according to the retirement plan’s terms.

What direct MKC common stock holdings does Brendan Foley report?
Brendan Foley reports direct ownership of 130,344.016 shares of Common Stock - Voting and 1,754.0000 shares of Common Stock - Non Voting as of 2026-08-10, in addition to his indirect Phantom Stock holdings.

How is the Phantom Stock grant for MKC’s CEO valued in this filing?
The Phantom Stock grant is referenced at $53.13 per share for 47.1810 shares. This value is used as the transaction price in the report and reflects the notional per-share amount for the phantom units.

What does Phantom Stock mean in the context of MKC’s retirement plan?
For MKC, each Phantom Stock share represents the right to receive one share of Common Stock - Voting. These phantom units are payable in common shares under the company’s Non-Qualified Retirement Savings Plan terms.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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 MARYLAND 21031
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock - Voting130,344.016D
Common Stock - Non Voting1,754D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(1)08/10/2026A47.181 (1) (1)Common Stock - Voting47.181$53.1314,314.638INon 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.
Jeffery D. Schwartz, Attorney-in-Fact08/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR