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McCormick (MKC) CHRO awarded 48.76 phantom stock units in retirement plan

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

Rhea-AI Filing Summary

Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.

MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper reported updated equity holdings. She received a grant of 48.7600 shares of Phantom Stock$52.0600 per unit4704.1670 phantom stock units indirectly9037.9400 shares of Common Stock - Voting directly

Positive

  • None.

Negative

  • None.
Insider Piper Sarah
Role Chief Human Relations Officer
Type Security Shares Price Value
Grant/Award Phantom Stock 48.76 $52.06 $3K
holding Common Stock - Voting -- -- --
Holdings After Transaction: Phantom Stock — 4,704.167 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 9,037.94 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Phantom Stock grant 48.7600 units Granted as Phantom Stock on 2026-06-29
Grant reference price $52.0600 per unit Price per Phantom Stock unit for the grant
Phantom Stock holdings 4704.1670 units Total Phantom Stock after grant, held indirectly
Common Stock holdings 9037.9400 shares Common Stock - Voting held directly after transactions
Phantom Stock financial
"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."
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
"Shares of Phantom Stock are 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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Form 4 Insider Transactions: What Each Field Means →
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*
Piper Sarah
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Human Relations Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026		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 - Voting9,037.94D
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)06/29/2026A48.76 (1) (1)Common Stock - Voting48.76$52.064,704.167INon 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-fact07/01/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MKC executive Sarah Piper report on this Form 4?

Sarah Piper reported a compensation-related grant of 48.7600 shares of Phantom Stock. The units were credited at $52.0600 each under a Non Qualified Retirement Savings Plan and are payable in Common Stock - Voting according to the plan’s terms.

How many McCormick (MKC) phantom stock units does Sarah Piper hold after this filing?

After the grant, Sarah Piper holds 4704.1670 Phantom Stock units indirectly. Each unit represents the right to receive one share of Common Stock - Voting, payable under the company’s Non Qualified Retirement Savings Plan rules at distribution.

Did Sarah Piper buy or sell McCormick (MKC) shares in the open market?

The filing does not show any open-market buys or sells. It reports a grant of 48.7600 Phantom Stock units as compensation and a holdings line for 9037.9400 directly owned Common Stock - Voting shares.

What does Phantom Stock mean in the McCormick (MKC) Form 4 for Sarah Piper?

Phantom Stock represents units tracking Common Stock - Voting value, payable in actual shares later. Each phantom unit equals one share of Common Stock - Voting and is distributed according to the Non Qualified Retirement Savings Plan’s terms for participants.

How many McCormick (MKC) common shares does Sarah Piper directly own after this report?

Sarah Piper directly owns 9037.9400 shares of Common Stock - Voting after the reported transactions. This figure comes from the holdings entry in the Form 4 and reflects her direct ownership position in McCormick & Co Inc.