McCormick executive reinvests dividend into 54 shares
McCormick’s Chief Integration Officer increased both voting and non-voting direct holdings via dividend reinvestment on July 20, 2026.
Rhea-AI Filing Summary
MCCORMICK & CO INC (MKC) reported that Chief Integration Officer Andrew Foust acquired additional shares of the company on July 20, 2026 through a dividend reinvestment. He obtained 50.94 shares of voting common stock and 3.10 shares of non-voting common stock at $52.22 per share.
After these dividend reinvestments, his reported direct holdings increased to 13,386.33 voting shares and 340.70 non-voting shares. No transactions were reported as being made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 54.04 shares
Other
2 txns
Insider
Foust Andrew
Role
Chief Integration Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock - Voting F1 | 50.94 | $52.22 | $3K |
| Other | Common Stock - Non Voting F1 | 3.1 | $52.22 | $161.88 |
Holdings After Transaction:
Common Stock - Voting — 13,386.33 shares (Direct);
Common Stock - Non Voting — 340.7 shares (Direct)
Footnotes (1)
- F1. Dividend Reinvestment
Key Figures
Voting shares acquired: 50.94 shares
Non-voting shares acquired: 3.10 shares
Price per share: $52.22 per share
+3 more
6 metrics
Voting shares acquired
50.94 shares
Dividend reinvestment on July 20, 2026 by Chief Integration Officer Andrew Foust
Non-voting shares acquired
3.10 shares
Dividend reinvestment on July 20, 2026 by Chief Integration Officer Andrew Foust
Price per share
$52.22 per share
Applied to both voting and non-voting shares in the July 20, 2026 dividend reinvestment
Voting shares held after transaction
13,386.33 shares
Direct holdings of Andrew Foust after the July 20, 2026 transactions
Non-voting shares held after transaction
340.70 shares
Direct holdings of Andrew Foust after the July 20, 2026 transactions
Total shares acquired via restructuring-type transactions
54.04 shares
Aggregate of dividend reinvestment acquisitions reported on July 20, 2026
Key Terms
Dividend Reinvestment, voting common stock, non-voting common stock
3 terms
Dividend Reinvestment financial
"A footnote describes the transactions as Dividend Reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
voting common stock financial
"One transaction involves additional shares of voting common stock."
non-voting common stock financial
"Another transaction involves additional shares of non-voting common stock."
A non-voting common stock is an ownership share in a company that gives holders the same economic rights as regular shares—such as claiming a portion of profits and benefiting from price gains—but does not give the holder the right to vote on corporate decisions. Think of it like owning a seat on a train that shares the ride’s benefits but not the ability to steer the engine; investors care because it affects their influence over management, potential control disputes, and sometimes the stock’s price or attractiveness.
FAQ
What insider activity did McCormick (MKC) report for Andrew Foust on July 20, 2026?
Andrew Foust reported acquiring 50.94 voting and 3.10 non-voting McCormick shares on July 20, 2026 through dividend reinvestment, at a reported price of $52.22 per share.
Were Andrew Foust’s July 20, 2026 McCormick (MKC) transactions under a Rule 10b5-1 plan?
No. The filing indicates that the July 20, 2026 transactions for Andrew Foust were not reported as being made under a Rule 10b5-1 trading plan.
What was the nature of the July 20, 2026 McCormick (MKC) insider acquisitions?
The July 20, 2026 acquisitions reported for Andrew Foust were described in a footnote as dividend reinvestment, increasing his direct holdings of both voting and non-voting McCormick common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.