[Form 4] MCCORMICK & CO INC Insider Trading Activity

Rhea-AI Filing Summary

Jacques Tapiero, a director of McCormick & Co., reported transactions on Form 4 showing a disposition of 30,617.754 shares of Common Stock - Voting and 2,620 shares of Common Stock - Non Voting on 09/11/2025. The filing also reports acquisition of 145.815 units of Phantom Stock under a Non-Qualified Retirement Savings Plan; each phantom share converts to one voting common share and is payable in shares under plan terms. The phantom stock acquisition is recorded at a price of $68.58 per share and results in 2,791.1 shares beneficially owned indirectly following the transactions.

Positive

• Acquisition of 145.815 phantom stock units under the Non-Qualified Retirement Savings Plan, payable in common shares
• Phantom units priced at $68.58 and convertible one-for-one into voting common stock per plan terms

Negative

• Disposition of 30,617.754 voting common shares reported on 09/11/2025 by a company director
• Disposition of 2,620 non-voting common shares reported on 09/11/2025

Insights

Securities Analyst

Insider sold a substantial block of voting shares while receiving plan-based phantom shares.

The Form 4 shows a large disposition of voting and non-voting common stock by a director, which is a notable insider liquidity event. The simultaneous grant/acquisition of 145.815 phantom stock units under a Non-Qualified Retirement Savings Plan, payable in shares, indicates compensation-plan activity rather than an open-market purchase. Materiality depends on the director's total holdings and company float, which are not provided in this filing. For investors, the filing documents direction and size of change but does not state motive.

Corporate Governance Expert

Reporting reflects routine director plan participation and a discrete large disposition of equity.

The entry identifies the reporting person as a director and records both a sale/disposition and a plan-based phantom stock award. The phantom units convert to common shares per the plan; this is compensation-related and common for non-qualified plans. The disposition of over 30,000 voting shares is significant in isolation but the filing contains no context on whether the sale followed a pre-established trading plan or was for diversification or personal reasons. No amending exhibit or trading-plan checkbox is marked in the provided text.

SEC Form 4

FORM 4

UNITED 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

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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^*

Tapiero Jacques

(Last) (First) (Middle)

24 SCHILLING ROAD

SUITE 1

(Street)

HUNT VALLEY MD 21031

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock - Voting								30,617.754	D
Common Stock - Non Voting								2,620	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	09/11/2025		A		145.815		(1)	(1)	Common Stock - Voting	145.815	$68.58	2,791.1	I	Non Qualified Retirement Savings Plan

Explanation of Responses:

1. 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.

	Jason E. Wynn, Attorney-in-fact	09/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did MKC director Jacques Tapiero report on Form 4?

He reported disposition of 30,617.754 voting shares and 2,620 non-voting shares on 09/11/2025, and acquisition of 145.815 phantom stock units under a Non-Qualified Retirement Savings Plan.

What is the price associated with the phantom stock reported for MKC?

The phantom stock is recorded at a price of $68.58 per unit in the filing.

How many shares does the phantom stock convert to for MKC?

Each phantom stock unit represents the right to receive one share of Common Stock - Voting under the plan.

What ownership position results from the reported transactions?

The filing shows 2,791.1 shares beneficially owned indirectly following the reported transactions.

Who signed the Form 4 for Jacques Tapiero?

The Form 4 is signed by Jason E. Wynn, Attorney-in-fact on 09/12/2025.