McCormick CFO exercises RSUs, withholds shares for tax
McCormick & Co. Executive VP & CFO Gabriel Marcos Mendes reported equity compensation activity involving restricted stock units and common shares.
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Rhea-AI Filing Summary
McCormick & Co. Executive VP & CFO Gabriel Marcos Mendes reported equity compensation activity involving restricted stock units and common shares. On February 15, 2026, he acquired 3,792 Restricted Stock Units through a derivative exercise with no purchase price required, bringing his RSU holdings to 7,584 units.
The same day, these awards were converted into 3,792 shares of McCormick common stock - voting. To cover tax obligations related to long-term incentive awards, 922 and 1,262 common shares were withheld at a price of $71.61 per share as tax-withholding dispositions. After these transactions, he directly owned 12,933 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,792 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock - Voting | 922 | $71.61 | $66K |
| Exercise | Common Stock - Voting | 3,792 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock - Voting | 1,262 | $71.61 | $90K |
Footnotes (4)
- F1. Shares withheld for taxes on the shares previously reported on 1/21/2026 for McCormick's Long-Term Incentive Plan.
- F2. Restricted Stock Units; No purchase price required.
- F3. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2026, February 15, 2027 and February 15, 2028.
- F4. The Restricted Stock Units granted on February 7, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.