McCormick director exercises 2,222 RSUs into shares

Accepted by SEC EDGAR 02/18/2026 - 02:01 PM EST

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Form Type

Rhea-AI Filing Summary

McCormick & Co. director Margaret M. V. Preston reported exercising 2,222 Restricted Stock Units on February 15, 2026, converting them into 2,222 shares of Common Stock - Voting at $0.00 per share, reflecting equity compensation rather than an open-market purchase.

Following this derivative conversion, her directly held Common Stock - Voting position increased to 84,364.195 shares, and her directly held Common Stock - Non Voting holdings stood at 6,235.263 shares. The filing also shows her phantom stock balance under the Non Qualified Retirement Savings Plan at 0 shares, with phantom units payable in voting common shares under plan terms.

Insider Trade Summary

2,222 shares exercised/converted

Exercise 2 txns

Insider PRESTON MARGARET M V

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,222	$0.00	$0.00
Exercise	Common Stock - Voting	2,222	$0.00	$0.00
Holding	Phantom Stock	--	--	--
Holding	Common Stock - Non Voting	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock - Voting — 84,364.195 shares (Direct); Phantom Stock — 0 contracts (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Non Voting — 6,235.263 shares (Direct)

Holdings Before and After: Restricted Stock Units, 2,222 to 0 contracts (Direct); Common Stock - Voting, 82,142.195 to 84,364.195 shares (Direct)

Footnotes (5)

F1. Subject to deferred receipt.
F2. Restricted Stock Units; No purchase price required.
F3. 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.
F4. The reported Restricted Stock Units entitles the Reporting Person to receive an annual distribution of common stock equal to 100% of the grant.
F5. The Restricted Stock Units granted on February 7, 2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Margaret M. V. Preston report at McCormick (MKC)?

Margaret M. V. Preston reported exercising 2,222 Restricted Stock Units into 2,222 shares of Common Stock - Voting on February 15, 2026. The transaction reflects equity compensation, with no cash purchase price, rather than an open-market stock purchase or sale.

How many McCormick (MKC) shares does Preston hold after this Form 4 filing?

After the derivative conversion, Preston directly holds 84,364.195 shares of Common Stock - Voting and 6,235.263 shares of Common Stock - Non Voting. These positions reflect her equity stake reported as of the February 15, 2026 transaction date in the filing.

Was there any cash paid for the 2,222 McCormick (MKC) shares acquired?

No cash was paid for these shares; the Form 4 shows a transaction price of $0.0000 per share. The 2,222 voting shares were received through the exercise of Restricted Stock Units as part of Preston’s compensation, not via a market purchase.

What happened to Margaret Preston’s McCormick (MKC) phantom stock in this report?

The filing indicates a phantom stock balance of 0 shares following the reported date. Each phantom stock unit represents a right to receive one voting common share, payable under the terms of McCormick’s Non Qualified Retirement Savings Plan.

What does the Form 4 reveal about McCormick (MKC) Restricted Stock Units granted to Preston?

The notes state Preston’s Restricted Stock Units require no purchase price and entitle her to an annual distribution of common stock equal to 100% of the grant. One footnote highlights a grant made on February 7, 2025 as part of this equity program.

Is Preston’s McCormick (MKC) transaction a buy or sell in the market?

The transaction is classified as an exercise or conversion of a derivative security, not a market buy or sell. Restricted Stock Units were converted into 2,222 voting common shares at zero cost, consistent with non-cash equity compensation rather than trading activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

PRESTON MARGARET M V

(Last)

(First)

(Middle)

MCCORMICK & COMPANY, INCORPORATED

24 SCHILLING ROAD, SUITE 1

(Street)

HUNT VALLEY

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)
02/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock - Voting	02/15/2026		M		2,222⁽¹⁾	A	⁽²⁾	84,364.195	D
Common Stock - Non Voting								6,235.263	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽³⁾							⁽³⁾	⁽³⁾	Common Stock - Voting	0		29,042.768	I	Non Qualified Retirement Savings Plan
Restricted Stock Units	⁽²⁾	02/15/2026		M			2,222	⁽⁴⁾	⁽⁴⁾	Common Stock - Voting	2,222	⁽⁵⁾	0	D

Explanation of Responses:

1. Subject to deferred receipt.

2. Restricted Stock Units; No purchase price required.

3. 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.

4. The reported Restricted Stock Units entitles the Reporting Person to receive an annual distribution of common stock equal to 100% of the grant.

5. The Restricted Stock Units granted on February 7, 2025.

	Jason E. Wynn, Attorney-in-fact	02/18/2026
	** 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.

Source: View Original Filing on SEC EDGAR