McCormick (MKC) CHRO Sarah Piper adds shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Co. executive reports small dividend reinvestments
Chief Human Relations Officer Sarah Piper reported routine, dividend-related transactions in McCormick & Co. common stock and phantom stock. On January 13, 2026, she acquired 15.7 shares of voting common stock at $67.16 per share through dividend reinvestment, bringing her directly held balance to 9,631.04 shares.
On January 12, 2026, she also acquired 28.415 units of phantom stock at $66.84 per unit, credited to a Non Qualified Retirement Savings Plan, for a total of 4,020.62 phantom stock units held indirectly. Both transactions are coded as adjustments related to dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Piper Sarah
Role
Chief Human Relations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock - Voting | 15.7 | $67.16 | $1K |
| Other | Phantom Stock | 28.415 | $66.84 | $2K |
Holdings After Transaction:
Common Stock - Voting — 9,631.04 shares (Direct);
Phantom Stock — 4,020.62 shares (Indirect, Non Qualified Retirement Savings Plan)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did McCormick (MKC) report for executive Sarah Piper?
McCormick executive Sarah Piper reported small dividend-related acquisitions of common and phantom stock. She acquired 15.7 common shares at $67.16 and 28.415 phantom stock units at $66.84, reflecting routine dividend reinvestment activity rather than discretionary open-market trades.
What is the nature of the phantom stock reported for McCormick (MKC) executive Sarah Piper?
Sarah Piper holds phantom stock units tied to McCormick common stock in a Non Qualified Retirement Savings Plan. Following the January 12, 2026 dividend reinvestment transaction of 28.415 units at $66.84, she indirectly holds a total of 4,020.62 phantom stock units.
Were Sarah Piper’s McCormick (MKC) transactions open-market buys or dividend reinvestments?
The transactions were identified as dividend reinvestments, not open-market purchases. A footnote labels the Form 4 activity as “Dividend Reinvestment,” and both the common stock and phantom stock entries use adjustment code J reflecting this treatment.
Does the McCormick (MKC) Form 4 show Sarah Piper increasing or decreasing her holdings?
The Form 4 shows Sarah Piper increasing her holdings. She acquired 15.7 additional common shares and 28.415 phantom stock units through dividend reinvestment, raising her direct common share balance to 9,631.04 and her indirect phantom stock balance to 4,020.62 units.
How are Sarah Piper’s McCormick (MKC) phantom stock units owned for reporting purposes?
Sarah Piper’s phantom stock units are reported as indirectly owned through a Non Qualified Retirement Savings Plan. The Form 4 marks this position as indirect ownership, distinguishing it from her directly held McCormick voting common shares.