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McCormick & Co Inc (NYSE: MKC) CEO awarded 46.6370 phantom stock units in savings plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.

MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley reported updated equity holdings. On 2026-07-13, he received a grant of 46.6370 units of Phantom Stock at $53.7500 per unit under a Non Qualified Retirement Savings Plan, each unit representing the right to receive one share of Common Stock - Voting. Following this award, he holds 14218.2670 phantom stock units indirectly through the plan, plus 130344.0160 shares of Common Stock - Voting and 1754.0000 shares of Common Stock - Non Voting directly.

Positive

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Insider Foley Brendan M
Role Chairman, President & CEO
Type Security Shares Price Value
Grant/Award Phantom Stock 46.637 $53.75 $3K
holding Common Stock - Voting -- -- --
holding Common Stock - Non Voting -- -- --
Holdings After Transaction: Phantom Stock — 14,218.267 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 130,344.016 shares (Direct); Common Stock - Non Voting — 1,754 shares (Direct)
Footnotes (1)
  1. [object Object]
Phantom Stock units granted 46.6370 units Grant/award acquisition on 2026-07-13 under Non Qualified Retirement Savings Plan
Phantom Stock grant price $53.7500 per unit Reference price for 46.6370 Phantom Stock units awarded to CEO
Phantom Stock units after award 14218.2670 units Total Phantom Stock indirectly held through Non Qualified Retirement Savings Plan
Common Stock - Voting held 130344.0160 shares Directly held Common Stock - Voting following reported transactions
Common Stock - Non Voting held 1754.0000 shares Directly held Common Stock - Non Voting following reported transactions
Phantom Stock financial
"Each share of phantom stock represents the right to receive one share"
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
"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"
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FAQ

What insider transaction did McCormick & Co (MKC) report for CEO Brendan Foley?

McCormick & Co (MKC) reported that CEO Brendan M. Foley received a grant of 46.6370 Phantom Stock units at $53.7500 per unit on 2026-07-13 under a Non Qualified Retirement Savings Plan, rather than making an open-market stock purchase or sale.

How many Phantom Stock units does the McCormick (MKC) CEO hold after this award?

After the award, the McCormick (MKC) CEO holds 14218.2670 Phantom Stock units indirectly through the Non Qualified Retirement Savings Plan. Each unit represents the right to receive one share of Common Stock - Voting, payable according to the plan’s terms.

What common stock holdings does the McCormick (MKC) CEO report following the latest Form 4?

Following the reported transactions, the McCormick (MKC) CEO directly holds 130344.0160 shares of Common Stock - Voting and 1754.0000 shares of Common Stock - Non Voting. These positions are reported as direct ownership separate from the Phantom Stock units.

Was the McCormick (MKC) CEO’s Phantom Stock transaction a market buy or sell?

The McCormick (MKC) CEO’s Phantom Stock activity reflects a grant/award acquisition of 46.6370 units, coded “A” for grant or award. It is compensation-related and not an open-market purchase or sale of McCormick common shares.

How does McCormick (MKC) describe Phantom Stock in this CEO transaction?

McCormick (MKC) states that each Phantom Stock unit represents the right to receive one share of Common Stock - Voting. Units are payable in Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock - Voting130,344.016D
Common Stock - Non Voting1,754D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(1)07/13/2026A46.637 (1) (1)Common Stock - Voting46.637$53.7514,218.267INon 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.
Jeffery D. Schwartz, Attorney-in-Fact07/15/2026
** Signature of Reporting PersonDate
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)