McCormick (MKC) vice president awarded 14,952 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Company vice president receives new stock-based award. On 02/06/2026, officer Jeffery D. Schwartz was granted 14,952 Restricted Stock Units, each representing a contingent right to receive one share of McCormick common stock.
The RSUs vest in three equal parts on March 15, 2027, March 15, 2028, and March 15, 2029, linking compensation to longer-term performance and retention. After this grant, Schwartz directly holds 14,952 RSUs, 91,308 shares of voting common stock, and 246 shares of non‑voting common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Schwartz Jeffery D
Role
Vice President, Gen Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,952 | $0.00 | -- |
| holding | Common Stock - Voting | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 14,952 shares (Direct);
Common Stock - Voting — 91,308 shares (Direct);
Common Stock - Non Voting — 246 shares (Direct)
Footnotes (1)
- The Restricted Stock Unit represents a contingent right to receive one share of Common Stock. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2027, March 15, 2028 and March 15, 2029.
FAQ
What insider transaction did McCormick (MKC) report for Jeffery D. Schwartz?
McCormick reported that officer Jeffery D. Schwartz received 14,952 Restricted Stock Units on February 6, 2026. Each unit represents a contingent right to receive one share of McCormick voting common stock as part of his equity compensation package.
How many Restricted Stock Units did the McCormick (MKC) executive receive?
Jeffery D. Schwartz received 14,952 Restricted Stock Units. These RSUs give him a contingent right to receive an equal number of McCormick voting common shares, subject to the vesting schedule running from March 2027 through March 2029.
What is the vesting schedule for the McCormick (MKC) RSUs granted to Schwartz?
The 14,952 Restricted Stock Units vest in three equal installments. One-third vests on March 15, 2027, another third on March 15, 2028, and the final third on March 15, 2029, encouraging multi‑year retention and alignment with shareholders.
Was there a purchase price for the McCormick (MKC) RSUs granted to Schwartz?
The 14,952 Restricted Stock Units were reported with a price of $0. This indicates they were granted as part of compensation rather than purchased on the open market, with value realized as they vest into McCormick common shares over time.
Does the McCormick (MKC) Form 4 show direct or indirect ownership for these RSUs?
The Form 4 reports the 14,952 Restricted Stock Units as directly owned by Jeffery D. Schwartz. The filing does not attribute them to any trust, partnership, or other entity, indicating personal direct beneficial ownership of this equity award.