McCormick (NYSE: MKC) CHRO granted new phantom stock units

Rhea-AI Filing Summary

Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.

MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper reported a routine compensation-related award. She received 7.882 shares of Phantom Stock at $51.9800 per unit, each representing the right to receive one share of Common Stock - Voting under the Non Qualified Retirement Savings Plan.

Following this award, her indirect holdings in Phantom Stock total 4,398.086 units, while her directly owned Common Stock - Voting holdings stand at 9,017.040 shares. These entries reflect plan-based accruals rather than open-market buying or selling.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Piper Sarah

Role Chief Human Relations Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	7.882	$51.98	$409.71
holding	Common Stock - Voting	--	--	--

Holdings After Transaction: Phantom Stock — 4,398.086 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 9,017.04 shares (Direct, null)

Footnotes (1)

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Key Figures

Phantom Stock units granted: 7.882 units Grant reference price: $51.9800 per unit Total Phantom Stock after award: 4,398.086 units +2 more

5 metrics

Phantom Stock units granted 7.882 units Grant/award acquisition at $51.9800 per unit

Grant reference price $51.9800 per unit Phantom Stock award on Common Stock - Voting

Total Phantom Stock after award 4,398.086 units Indirect holdings under Non Qualified Retirement Savings Plan

Direct common shares after filing 9,017.040 shares Common Stock - Voting directly owned post-transaction

Phantom stock conversion ratio 1 unit : 1 share Each phantom share equals one Common Stock - Voting share

Key Terms

Phantom Stock, Non Qualified Retirement Savings Plan, Common Stock - Voting

3 terms

Phantom Stock financial

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

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Non Qualified Retirement Savings Plan financial

"Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan."

Common Stock - Voting financial

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

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Piper Sarah

(Last) (First) (Middle)

24 SCHILLING ROAD

SUITE 1

(Street)

HUNT VALLEY MARYLAND 21031

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

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

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

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

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								9,017.04	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)	04/21/2026		A		7.882		(1)	(1)	Common Stock - Voting	7.882	$51.98	4,398.086	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	04/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MKC executive Sarah Piper report on this Form 4?

Sarah Piper reported a compensation-related award of 7.882 Phantom Stock units, each tied to one share of Common Stock - Voting. The award was credited under McCormick’s Non Qualified Retirement Savings Plan at $51.9800 per unit, with no open-market purchase or sale involved.

What are Phantom Stock units in the McCormick (MKC) Form 4 filing?

Phantom Stock units are bookkeeping entries that mirror McCormick Common Stock - Voting. Each unit represents the right to receive one share, payable in stock according to the Non Qualified Retirement Savings Plan terms, functioning as deferred, stock-linked compensation rather than immediate share ownership.

How many Phantom Stock units does MKC’s CHRO hold after this transaction?

After the reported award, Sarah Piper holds 4,398.086 Phantom Stock units indirectly through the Non Qualified Retirement Savings Plan. These units track the value of McCormick Common Stock - Voting and are payable in shares in line with the plan’s distribution and vesting provisions.

How many McCormick (MKC) common shares does Sarah Piper hold directly after this Form 4?

Following the reported entries, Sarah Piper directly owns 9,017.040 shares of McCormick Common Stock - Voting. This figure reflects her post-transaction direct share position, separate from any Phantom Stock units held through the Non Qualified Retirement Savings Plan.

Does the MKC Form 4 for Sarah Piper show any open-market buying or selling?

The Form 4 shows a grant/award acquisition of Phantom Stock, not an open-market trade. The transaction code “A” indicates a compensation award, and the filing includes a holding entry, with no recorded open-market purchase or sale of McCormick common shares.