STOCK TITAN

McCormick (MKC) director converts phantom stock into 792 voting shares

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

Rhea-AI Filing Summary

McCormick & Co Inc director reported routine equity-related transactions involving company stock and phantom stock units. On January 2, 2026, 792.356 phantom stock units held in a nonqualified retirement savings plan were settled for an equal number of shares of McCormick Common Stock - Voting at a price of $67.28 per share. After this transaction, the reporting person beneficially owned 31,590.364 shares of McCormick Common Stock - Voting directly and 2,620 shares of Common Stock - Non Voting directly.

The filing also notes earlier phantom stock activity on October 27, 2025, including 18.823 phantom stock units credited at a reference price of $67.13, all within the company’s Non Qualified Retirement Savings Plan. The phantom stock units are described as the economic equivalent of one share of McCormick Common Stock - Voting, and dividend reinvestment is identified as a factor in these plan-related changes.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Tapiero Jacques

(Last) (First) (Middle)
24 SCHILLING ROAD
SUITE 1

(Street)
HUNT VALLEY MD 21031

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock - Voting 01/02/2026 M 792.356 A $67.28 31,590.364 D
Common Stock - Non Voting 2,620 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) 10/27/2025 J V 18.823 (1) (1) Common Stock - Voting 18.823 $67.13 2,982.708 I Non Qualified Retirement Savings Plan
Phantom Stock (2) 01/02/2026 M 792.356 01/02/2026 01/02/2026 Common Stock - Voting 792.356 $67.28 2,190.352 I Non Qualified Retirement Savings Plan
Explanation of Responses:
1. Dividend Reinvestment
2. Each Phantom Stock Unit is the economic equivalent of one share of McCormick Common Stock-Voting. On January 2, 2026 792.356 units were settled for an equal number of McCormick Common Stock-Voting.
Jason E. Wynn, Attorney-in-fact 01/06/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did McCormick (MKC) report in this Form 4?

The filing shows a director settled 792.356 phantom stock units in a nonqualified retirement savings plan into an equal number of McCormick Common Stock - Voting shares at $67.28 per share on January 2, 2026.

How many McCormick (MKC) shares does the reporting person own after this transaction?

Following the reported transactions, the insider beneficially owned 31,590.364 shares of McCormick Common Stock - Voting and 2,620 shares of Common Stock - Non Voting, both held directly.

What is the nature of the phantom stock units reported for McCormick (MKC)?

The filing explains that each phantom stock unit is the economic equivalent of one share of McCormick Common Stock - Voting, held within a Non Qualified Retirement Savings Plan.

What transactions involving phantom stock did the McCormick (MKC) director report?

The director reported 18.823 phantom stock units credited on October 27, 2025 at a reference price of $67.13, and the settlement of 792.356 phantom stock units into voting common shares on January 2, 2026.

What relationship does the reporting person have to McCormick (MKC)?

The reporting person is identified as a Director of McCormick & Co Inc, filing individually as one reporting person.

Does this McCormick (MKC) Form 4 involve non-voting stock?

Yes. In addition to voting common stock, the Form 4 shows the insider directly beneficially owning 2,620 shares of McCormick Common Stock - Non Voting after the reported transactions.

Mccormick & Co

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18.02B
265.18M
0.02%
89.62%
3.19%
Packaged Foods
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United States
HUNT VALLEY