McCormick CEO awarded 49.799 phantom stock units
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 49.799 | $48.85 | $2K |
| holding | Common Stock - Voting | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Phantom Stock financial
Non Qualified Retirement Savings Plan financial
Common Stock - Voting financial
Common Stock - Non Voting financial
grant/award acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MKC CEO Brendan Foley report in this Form 4 filing?
Did Brendan Foley buy or sell McCormick (MKC) stock in the market?
What are Brendan Foley’s direct Common Stock holdings in MKC after this filing?
How is McCormick’s phantom stock award to the CEO valued in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.