McCormick VP exercises RSUs, 170 shares for taxes
McCormick & Co. vice president and controller Gregory Repas exercised restricted stock units and received additional common shares as part of his compensation.
Rhea-AI Filing Summary
McCormick & Co. vice president and controller Gregory Repas exercised restricted stock units and received additional common shares as part of his compensation. On March 15, 2026, he converted 554 Restricted Stock Units into 554 shares of Common Stock – Voting at a conversion price of $0.0000 per share, reflecting vesting of prior equity awards.
To cover tax obligations, 170 common shares were disposed of at $58.48 per share through tax-withholding transactions, which are not open-market sales. After these exercises and withholdings, he directly owned 4,436 shares of McCormick common stock. Overall, this filing reflects routine equity award vesting and related tax withholding rather than discretionary market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 268 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 286 | $0.00 | $0.00 |
| Exercise | Common Stock - Voting | 268 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock - Voting | 82 | $58.48 | $5K |
| Exercise | Common Stock - Voting | 286 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock - Voting | 88 | $58.48 | $5K |
Footnotes (5)
- F1. Restricted Stock Units; No purchase price required.
- F2. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2024, March 15, 2025 and March 15, 2026.
- F3. The Restricted Stock Units granted on March 29, 2023.
- F4. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2025, March 15, 2026 and March 15, 2027.
- F5. The Restricted Stock Units granted on March 27, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did McCormick (MKC) executive Gregory Repas report?
How many McCormick (MKC) RSUs did Gregory Repas exercise in this Form 4?
Were any of Gregory Repas’s McCormick (MKC) transactions open-market sales?
What do the tax-withholding entries mean in Gregory Repas’s McCormick (MKC) Form 4?
How are Gregory Repas’s McCormick (MKC) Restricted Stock Units structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.