McCormick director granted 2,598 stock units
McCormick & Company director reports new stock-based award.
Rhea-AI Filing Summary
McCormick & Company director reports new stock-based award. Director Margaret M V Preston reported receiving 2,598 Restricted Stock Units on February 6, 2026 at a price of $0 per unit, representing a contingent right to receive the same number of McCormick common shares.
These Restricted Stock Units vest in full on February 15, 2027 and will be settled in an equal number of McCormick shares. After this report, Preston beneficially owned 82,142.195 shares of Common Stock – Voting and 6,235.263 shares of Common Stock – Non Voting, all held directly, plus the new 2,598 Restricted Stock Units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,598 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock - Voting | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (3)
- 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.
- F2. The Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
- F3. The Restricted Stock Units vest in full on 2/15/2027 and are settled in an equal number of shares of McCormick stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did McCormick & Company (MKC) report on February 6, 2026?
How many McCormick (MKC) Restricted Stock Units were granted to the director?
When do the McCormick (MKC) Restricted Stock Units granted on February 6, 2026 vest?
What is the nature of the Phantom Stock referenced in the McCormick (MKC) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.