McCormick (NYSE: MKC) director gets 2,598 RSUs vesting in 2027
Rhea-AI Filing Summary
McCormick & Company director Michael Aaron Conway reported a new equity grant. On 02/06/2026 he received 2,598 Restricted Stock Units, each representing a contingent right to one share of McCormick common stock. These RSUs vest in full on 02/15/2027 and will then be settled in an equal number of McCormick shares. Following this grant, he directly holds 16,630 shares of McCormick common stock.
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- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,598 | $0.00 | -- |
| holding | Common Stock - Voting | -- | -- | -- |
Footnotes (1)
- The Restricted Stock Unit represents a contingent right to receive one share of Common Stock The Restricted Stock Units vest in full on 2/15/2027 and are settled in an equal number of shares of McCormick stock.
FAQ
What insider transaction did McCormick (MKC) report for Michael Aaron Conway?
McCormick (MKC) reported that director Michael Aaron Conway received 2,598 Restricted Stock Units on 02/06/2026. These units are a form of stock-based compensation that convert into McCormick common shares when they vest, aligning the director’s interests with long-term shareholder value.
How many Restricted Stock Units did the McCormick (MKC) director receive and when do they vest?
The director received 2,598 Restricted Stock Units that vest in full on 02/15/2027. Once vested, each unit will be settled in one share of McCormick common stock, increasing his direct share ownership at that time.
Is the McCormick (MKC) Form 4 transaction a purchase or an award?
The Form 4 shows an award of 2,598 Restricted Stock Units coded as an acquisition (A), not an open-market purchase. The units were granted at a price of $0 per unit as part of equity-based compensation for board service.
How are the McCormick (MKC) Restricted Stock Units structured for the director?
Each Restricted Stock Unit represents a contingent right to receive one share of McCormick common stock. All 2,598 units vest on 02/15/2027, at which point they will be settled in an equal number of voting common shares held directly.