McCormick (MKC) CEO exercises 57,144 options, sells 57,144 shares
McCormick & Co. (MKC) reported an insider transaction by its Chairman, President & CEO.
Rhea-AI Filing Summary
McCormick & Co. (MKC) reported an insider transaction by its Chairman, President & CEO. On 11/12/2025, the reporting person exercised stock options for 57,144 shares of Common Stock - Voting (transaction code M) at a disclosed price of $49.96, and on the same date sold 57,144 shares (transaction code S) at $65.56 per share.
Following these transactions, the reporting person beneficially owned 108,652.016 shares of Common Stock - Voting directly, and 1,145.457 shares of Common Stock - Non Voting directly. The option exercised covered 57,144 shares originally granted on 03/30/2017 and expiring on 03/29/2026, with an exercise price of $65.56, and now shows 0 remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options - Right to Buy | 57,144 | $0.00 | $0.00 |
| Exercise | Common Stock - Voting | 57,144 | $49.96 | $2.85M |
| Sale | Common Stock - Voting | 57,144 | $65.56 | $3.75M |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Option exercised; no purchase price required.
FAQ
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What insider transaction was reported for MKC?
At what prices did the MKC transactions occur?
What were the terms of the exercised MKC stock option?
Was the sale made under a Rule 10b5-1 plan?
What security types were involved in MKC’s Form 4?
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