McCormick VP logs RSU vesting, tax share withholding
McCormick & Co. vice president and controller Gregory Repas reported routine equity compensation activity involving restricted stock units and related tax withholding.
Rhea-AI Filing Summary
McCormick & Co. vice president and controller Gregory Repas reported routine equity compensation activity involving restricted stock units and related tax withholding. On February 15, 2026, 557 restricted stock units were converted into an equal number of shares of common stock with no purchase price required.
To cover tax obligations on equity awards under McCormick's Long-Term Incentive Plan, 705 and 171 common shares were withheld at $71.61 per share, described as payment of tax liability by delivering securities. The restricted stock units were granted on February 7, 2025 and vest in thirds on February 15, 2026, February 15, 2027, and February 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 557 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock - Voting | 705 | $71.61 | $50K |
| Exercise | Common Stock - Voting | 557 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock - Voting | 171 | $71.61 | $12K |
Footnotes (4)
- F1. Shares withheld for taxes on the shares previously reported on 1/21/2026 for McCormick's Long-Term Incentive Plan.
- F2. Restricted Stock Units; No purchase price required.
- F3. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2026, February 15, 2027 and February 15, 2028.
- F4. The Restricted Stock Units granted on February 7, 2025.
FAQ
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What insider transactions did McCormick (MKC) report for Gregory Repas?
What restricted stock unit award is disclosed for McCormick (MKC) executive Gregory Repas?
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