McCormick (MKC) CEO Foley receives phantom stock grant in retirement plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley received a compensation-related award of phantom stock tied to company shares. On this date, he acquired 47.681 phantom stock units at a reference price of $51.02 per unit under a Non Qualified Retirement Savings Plan.

Each phantom stock unit represents the right to receive one share of McCormick voting common stock in accordance with the plan’s terms. After this grant, Foley holds 13,731.663 phantom stock units indirectly through the retirement plan, plus 130,056.016 voting common shares and 1,383.460 non-voting common shares directly. This reflects routine executive compensation rather than an open-market trade.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Foley Brendan M

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	47.681	$51.02	$2K
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Non Voting	--	--	--

Holdings After Transaction: Phantom Stock — 13,731.663 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 130,056.016 shares (Direct); Common Stock - Non Voting — 1,383.46 shares (Direct)

Footnotes (1)

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Key Figures

Phantom stock grant: 47.681 units Phantom stock reference price: $51.02 per unit Phantom stock holdings after grant: 13,731.663 units +3 more

6 metrics

Phantom stock grant 47.681 units Grant under Non Qualified Retirement Savings Plan on 2026-04-07

Phantom stock reference price $51.02 per unit Value used for the 47.681-unit grant

Phantom stock holdings after grant 13,731.663 units Indirect holdings in Non Qualified Retirement Savings Plan

Direct voting common shares 130,056.016 shares CEO’s direct holdings of Common Stock - Voting

Direct non-voting common shares 1,383.460 shares CEO’s direct holdings of Common Stock - Non Voting

Underlying shares per phantom unit 1 share per unit Each phantom stock unit equals one share of voting common stock

Key Terms

Phantom Stock, Non Qualified Retirement Savings Plan, Common Stock - Voting, Common Stock - Non Voting

4 terms

Phantom Stock financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

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

"Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan."

Common Stock - Voting financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

Common Stock - Non Voting financial

"Common Stock - Non Voting"

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 12:12 PM

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

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman, President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	04/07/2026		A		47.681		⁽¹⁾	⁽¹⁾	Common Stock - Voting	47.681	$51.02	13,731.663	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	04/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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

Brendan Foley reported a grant of 47.681 phantom stock units under a Non Qualified Retirement Savings Plan. These units are compensation-based and mirror McCormick common stock value, rather than representing an open-market share purchase or sale.

How much phantom stock did the McCormick (MKC) CEO hold after this transaction?

After the grant, Brendan Foley held 13,731.663 phantom stock units in the Non Qualified Retirement Savings Plan. Each unit tracks one share of McCormick voting common stock, payable in shares according to the plan’s distribution rules.

At what price were Brendan Foley’s McCormick (MKC) phantom stock units credited?

The 47.681 phantom stock units were credited at a reference price of $51.02 per unit. This price is used for accounting the grant’s value and reflects the underlying McCormick voting common stock on the grant date.

How many McCormick (MKC) voting shares does the CEO hold directly after this filing?

Following the reported transactions, Brendan Foley directly holds 130,056.016 shares of McCormick voting common stock. This figure reflects his direct ownership and is separate from his phantom stock units held within the retirement savings plan.

Does this McCormick (MKC) Form 4 show an open-market stock trade by the CEO?

No. The Form 4 shows a grant of phantom stock units as compensation, not an open-market buy or sell. The transaction is coded as an acquisition from a grant or award, typical for executive benefit and retirement programs.

What non-voting McCormick (MKC) shares does the CEO hold according to this Form 4?

The filing shows Brendan Foley directly holds 1,383.460 shares of McCormick non-voting common stock. These sit alongside his larger position in voting common shares and the phantom stock units credited in the retirement savings plan.