STOCK TITAN

McCormick (NYSE: MKC) CEO receives phantom stock grant and updates holdings

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

Rhea-AI Filing Summary

MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley reported routine equity-related updates. He received a grant of 53.121 shares of phantom stock on Common Stock - Voting at a reference price of $47.19 per share under a Non Qualified Retirement Savings Plan. After this award, his indirect phantom stock balance in that plan is 14,123.480 units, each representing the right to receive one share of Common Stock - Voting in accordance with the plan terms.

Separately, as of April 27, 2026, Foley reported direct holdings of 130,344.016 shares of Common Stock - Voting and 1,399.460 shares of Common Stock - Non Voting. The non-voting position reflects an 11-share transaction classified as an “other acquisition or disposition,” which is often administrative in nature rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Foley Brendan M
Role Chairman, President & CEO
Type Security Shares Price Value
Grant/Award Phantom Stock 53.121 $47.19 $3K
Other Common Stock - Non Voting 11 $51.405 $565.46
holding Common Stock - Voting -- -- --
Holdings After Transaction: Phantom Stock — 14,123.48 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Non Voting — 1,399.46 shares (Direct, null); Common Stock - Voting — 130,344.016 shares (Direct, null)
Footnotes (1)
  1. Dividend Reinvestment 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 grant 53.121 units Grant on June 16, 2026 under Non Qualified Retirement Savings Plan
Reference price per phantom unit $47.19 per share Phantom stock linked to Common Stock - Voting
Total phantom units after grant 14,123.480 units Indirect holdings in Non Qualified Retirement Savings Plan
Direct Common Stock - Voting 130,344.016 shares Direct holdings as of April 27, 2026
Direct Common Stock - Non Voting 1,399.460 shares After 11-share other acquisition or disposition on April 27, 2026
Non-voting restructuring transaction 11.000 shares Code J other acquisition or disposition on April 27, 2026
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"
Dividend Reinvestment financial
"Dividend Reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
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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)
04/27/2026
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 Voting04/27/2026J(1)V11A$51.4051,399.46D
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(2)06/16/2026A53.121 (2) (2)Common Stock - Voting53.121$47.1914,123.48INon Qualified Retirement Savings Plan
Explanation of Responses:
1. Dividend Reinvestment
2. 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-Fact06/18/2026
** 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)

FAQ

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

Brendan M. Foley reported a grant of 53.121 phantom stock units tied to McCormick Common Stock - Voting under a Non Qualified Retirement Savings Plan, plus updated direct holdings in voting and non-voting common shares as of April 27, 2026.

How many phantom stock units does the McCormick (MKC) CEO hold after this filing?

After this grant, Brendan M. Foley holds 14,123.480 phantom stock units. Each unit represents the right to receive one share of McCormick Common Stock - Voting, payable according to the Non Qualified Retirement Savings Plan terms.

What common stock holdings does the McCormick (MKC) CEO report?

Brendan M. Foley reports 130,344.016 shares of Common Stock - Voting and 1,399.460 shares of Common Stock - Non Voting held directly as of April 27, 2026, reflecting both existing ownership and a small 11-share administrative transaction.

Is the McCormick (MKC) CEO’s phantom stock grant an open-market purchase?

No, the 53.121 phantom stock units were received as a grant under a Non Qualified Retirement Savings Plan, not bought in the open market. The award is classified as a grant or other acquisition rather than a discretionary share purchase.

What does phantom stock mean in the McCormick (MKC) CEO’s filing?

In this filing, each phantom stock unit represents the right to receive one share of McCormick Common Stock - Voting. These units are payable in common shares in line with the Non Qualified Retirement Savings Plan’s terms, rather than being standard traded shares now.

What is the 11-share Common Stock - Non Voting transaction for McCormick (MKC)?

The 11-share transaction in Common Stock - Non Voting is coded as “J,” described as other acquisition or disposition. This typically signals an administrative or structural change, rather than a straightforward open-market buy or sell of shares.