[Form 4] MCCORMICK & CO INC Insider Trading Activity
Rhea-AI Filing Summary
Brendan M. Foley, serving as Chairman, President & CEO of McCormick & Co., reported transactions dated 09/22/2025. He disposed of 108,652.016 voting shares and 1,145.457 non‑voting shares, as reported on Form 4. On the same date he acquired 37.64 units of phantom stock under the company’s Non‑Qualified Retirement Savings Plan at a stated price of $64.63 per unit; each phantom unit represents the right to receive one share of voting common stock and is payable in shares under the plan. The filing shows 12,058.348 shares beneficially owned indirectly following the reported derivative transaction. The Form 4 was signed by attorney‑in‑fact Jason E. Wynn on 09/24/2025.
Positive
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Negative
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Insights
TL;DR: Insider reported large open‑market disposals and a small phantom stock acquisition tied to the retirement savings plan.
The report documents significant disposals of McCormick voting and non‑voting shares totaling 109,797.473 shares on 09/22/2025, with no sale price disclosed in this filing. The filing also records acquisition of 37.64 phantom stock units under the Non‑Qualified Retirement Savings Plan at $64.63 per unit, which are payable in common stock and contribute to an indirect beneficial holding of 12,058.348 shares. From a trading‑activity perspective, the combination of a substantial disposal and a nominal plan‑related acquisition is notable for volume, but the Form 4 does not include information on proceeds or whether sales were pre‑arranged; thus material financial impact cannot be determined from this filing alone.
TL;DR: CEO disclosed routine plan acquisition plus a large disposal; filing documents compliance with Section 16 reporting.
The form identifies Brendan M. Foley as both an officer and reporting person and records transactions under the Non‑Qualified Retirement Savings Plan. The phantom stock acquisition is explicitly tied to plan terms and payable in shares, clarifying the nature of indirect ownership. The large dispositions are plainly reported, and the document is signed by an attorney‑in‑fact, indicating procedural compliance. The filing does not provide context such as company‑approved trading plans or reasons for the disposals, so governance implications are limited to transparency of executed transactions.