McCormick (NYSE: MKC) executive details RSU vesting and tax share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Co Inc executive Ana Sanchez reported equity award activity involving restricted stock units and common shares. On February 15, 2026, 2,230 Restricted Stock Units were exercised or converted at $0.00 per unit, reflecting that no purchase price was required under the plan.
These units, granted on February 7, 2025, vest in thirds over a three-year period beginning on February 15, 2026, February 15, 2027 and February 15, 2028. Related common stock transactions included shares delivered at $71.61 per share to cover tax liabilities on prior awards under McCormick's Long-Term Incentive Plan, leaving Sanchez with directly held common shares after the tax-withholding dispositions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,230 shares exercised/converted
Mixed
4 txns
Insider
Sanchez Ana
Role
President EMEA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,230 | $0.00 | -- |
| Tax Withholding | Common Stock - Voting | 1,582 | $71.61 | $113K |
| Exercise | Common Stock - Voting | 2,230 | $0.00 | -- |
| Tax Withholding | Common Stock - Voting | 1,048 | $71.61 | $75K |
Holdings After Transaction:
Restricted Stock Units — 4,462 shares (Direct);
Common Stock - Voting — 7,128.487 shares (Direct)
Footnotes (1)
- Shares withheld for taxes on the shares previously reported on 1/21/2026 for McCormick's Long-Term Incentive Plan. Restricted Stock Units; No purchase price required. The Restricted Stock Units vest in thirds over a three-year period beginning February 15, 2026, February 15, 2027 and February 15, 2028. The Restricted Stock Units granted on February 7, 2025.
FAQ
What insider transactions did McCormick (MKC) executive Ana Sanchez report?
Ana Sanchez reported the exercise or conversion of 2,230 Restricted Stock Units and related common stock transactions used to cover tax liabilities. These movements reflect equity compensation events, not open-market buying or selling of McCormick & Co Inc shares.
How many McCormick (MKC) Restricted Stock Units were involved in Ana Sanchez’s Form 4?
The Form 4 shows 2,230 Restricted Stock Units exercised or converted at a purchase price of $0.00 per unit. These units are part of McCormick’s Long-Term Incentive Plan and represent equity compensation rather than a cash purchase on the open market.
When do Ana Sanchez’s McCormick (MKC) Restricted Stock Units vest?
The Restricted Stock Units vest in three equal parts over three years. Vesting dates begin on February 15, 2026, then continue on February 15, 2027 and February 15, 2028, aligning with McCormick’s multi-year long-term incentive structure.
When were Ana Sanchez’s McCormick (MKC) Restricted Stock Units granted?
The Restricted Stock Units referenced in the Form 4 were granted on February 7, 2025. They are tied to McCormick’s Long-Term Incentive Plan and vest over three years starting on February 15, 2026, according to the disclosed vesting schedule.
Does Ana Sanchez pay a purchase price for her McCormick (MKC) Restricted Stock Units?
No purchase price is required for these Restricted Stock Units. The Form 4 notes that the units have a price of $0.00 per unit, indicating they are granted as equity compensation under McCormick’s Long-Term Incentive Plan rather than bought for cash.