McCormick (MKC) CEO Foley receives 49.799 phantom stock units in savings plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McCormick & Co. Chairman, President & CEO Brendan M. Foley reported a compensation-related acquisition of 49.799 shares of Phantom Stock on April 2, 2026 under a Non Qualified Retirement Savings Plan. Each phantom share represents the right to receive one share of Common Stock - Voting.

Following this award, Foley holds 13,683.983 phantom stock shares indirectly through the plan. His direct holdings remain at 130,056.016 shares of Common Stock - Voting and 1,383.460 shares of Common Stock - Non Voting, indicating this is a routine-sized compensation entry rather than an open-market trade.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Foley Brendan M

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	49.799	$48.85	$2K
holding	Common Stock - Voting	--	--	--
holding	Common Stock - Non Voting	--	--	--

Holdings After Transaction: Phantom Stock — 13,683.983 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 130,056.016 shares (Direct); Common Stock - Non Voting — 1,383.46 shares (Direct)

Footnotes (1)

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Key Figures

Phantom stock award: 49.799 shares Reference price per phantom share: $48.8500 Total phantom stock after award: 13,683.983 shares +2 more

5 metrics

Phantom stock award 49.799 shares Grant/award acquisition on April 2, 2026

Reference price per phantom share $48.8500 Value used for the phantom stock award

Total phantom stock after award 13,683.983 shares Indirectly held via Non Qualified Retirement Savings Plan

Direct Common Stock - Voting 130,056.016 shares Direct holdings following reported transactions

Direct Common Stock - Non Voting 1,383.460 shares Direct non-voting holdings following reported transactions

Key Terms

Phantom Stock, Non Qualified Retirement Savings Plan, Common Stock - Voting, Common Stock - Non Voting, +1 more

5 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."

Common Stock - Non Voting financial

"Common Stock - Non Voting"

grant/award acquisition financial

"transaction_action: grant/award acquisition"

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 09:10 AM

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^*

Foley Brendan M

(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)
	Chairman, President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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)
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								130,056.016	D
Common Stock - Non Voting								1,383.46	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	⁽¹⁾	04/02/2026		A		49.799		⁽¹⁾	⁽¹⁾	Common Stock - Voting	49.799	$48.85	13,683.983	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	04/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did MKC CEO Brendan Foley report in this Form 4 filing?

Brendan Foley reported receiving 49.799 shares of Phantom Stock as a compensation-related award. The award was credited to a Non Qualified Retirement Savings Plan and is settled in Common Stock - Voting according to the plan’s terms, rather than through an open-market purchase.

How many phantom stock shares does MKC CEO Brendan Foley now hold?

After the latest award, Brendan Foley holds 13,683.983 shares of Phantom Stock. Each phantom share represents the right to receive one share of McCormick Common Stock - Voting, payable under the company’s Non Qualified Retirement Savings Plan rules when distributions are made.

Did Brendan Foley buy or sell McCormick (MKC) stock in the market?

The filing shows a grant of 49.799 Phantom Stock shares, not an open-market trade. The transaction is coded as an acquisition award under a Non Qualified Retirement Savings Plan, with no reported market buy or sell activity in this specific disclosure.

What are Brendan Foley’s direct Common Stock holdings in MKC after this filing?

Following the reported transactions, Brendan Foley directly holds 130,056.016 shares of Common Stock - Voting and 1,383.460 shares of Common Stock - Non Voting. These positions reflect his direct equity stake separate from the phantom stock units in the retirement savings plan.

How is McCormick’s phantom stock award to the CEO valued in this filing?

The 49.799 phantom stock shares are shown with a reference price of $48.8500 per share. This price is part of the Form 4 disclosure for the award, indicating the per-share value used for the compensation-related entry in the Non Qualified Retirement Savings Plan.