McCormick (MKC) director Valarie Sheppard adds shares through dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Company director Valarie L. Sheppard reported a small automatic share acquisition through dividend reinvestment. On 01/13/2026, she acquired 2.47 shares of McCormick common stock at $67.16 per share under a dividend reinvestment arrangement.
Following this transaction, Sheppard beneficially owns 348.47 shares of McCormick & Company common stock in direct form. The filing characterizes the activity as a routine dividend reinvestment rather than an open-market purchase or discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sheppard Valarie L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock - Voting | 2.47 | $67.16 | $165.89 |
Holdings After Transaction:
Common Stock - Voting — 348.47 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did McCormick (MKC) director Valarie Sheppard report?
Valarie L. Sheppard reported a small automatic acquisition of McCormick common stock. On January 13, 2026, she acquired 2.47 shares through dividend reinvestment, increasing her directly held position to 348.47 shares, according to the Form 4 filing.
What does the dividend reinvestment footnote mean in the McCormick (MKC) Form 4?
The footnote labeled “Dividend Reinvestment” indicates the shares were acquired automatically by reinvesting cash dividends. This typically reflects participation in a dividend reinvestment plan, rather than an active decision to buy shares on the open market at that time.
Is the McCormick (MKC) insider transaction by Valarie Sheppard a purchase or a sale?
The Form 4 shows an acquisition of shares, not a sale. Transaction code J, with the footnote “Dividend Reinvestment,” and an amount of 2.47 shares at $67.16, reflects additional shares received through reinvested dividends, increasing her direct holdings to 348.47 shares.