McCormick (MKC) HR chief receives phantom stock grant tied to common shares

Q: What is the size of Sarah Piper’s new phantom stock award at McCormick (MKC)?

Sarah Piper was awarded 54.358 phantom stock units , each tied to one share of Common Stock – Voting. The filing records a reference price of $46.70 per unit , reflecting the value used for this compensation entry.

Q: Is the McCormick (MKC) Sarah Piper transaction a market buy or sell?

The transaction is a grant or award acquisition , not an open-market buy or sell. The Form 4 lists transaction code “A” for the phantom stock, indicating compensation-related acquisition through the company’s Non Qualified Retirement Savings Plan rather than trading in the market.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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 a routine compensation-related transaction involving phantom stock. She received 54.358 shares of Phantom Stock on May 18, 2026, recorded as a grant or award and classified as an indirect holding through the company’s Non Qualified Retirement Savings Plan. Each phantom stock unit represents the right to receive one share of Common Stock – Voting, payable in stock under the plan’s terms. Following the transactions reported, she directly holds 9,037.94 shares of Common Stock – Voting and indirectly holds 4,547.118 phantom stock units linked to Common Stock – Voting.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Piper Sarah

Role Chief Human Relations Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	54.358	$46.70	$3K
holding	Common Stock - Voting	--	--	--

Holdings After Transaction: Phantom Stock — 4,547.118 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 9,037.94 shares (Direct, null)

Footnotes (1)

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Key Figures

Phantom stock grant size: 54.358 units Reference price per phantom unit: $46.70 per unit Direct common shares after transaction: 9,037.94 shares +2 more

5 metrics

Phantom stock grant size 54.358 units Phantom Stock grant on May 18, 2026

Reference price per phantom unit $46.70 per unit Transaction price per share for Phantom Stock

Direct common shares after transaction 9,037.94 shares Common Stock – Voting held directly after reported transactions

Phantom units after transaction 4,547.118 units Phantom Stock units held indirectly after grant

Transaction date May 18, 2026 Date of phantom stock grant and updated holdings

Key Terms

Phantom Stock, Non Qualified Retirement Savings Plan, Common Stock - Voting, Grant, award, or other acquisition

4 terms

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."

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 03:10 PM

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^*

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Human Relations Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock - Voting								9,037.94	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	05/18/2026		A		54.358		⁽¹⁾	⁽¹⁾	Common Stock - Voting	54.358	$46.7	4,547.118	I	Non 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.

	Jason E. Wynn, Attorney-in-fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did McCormick (MKC) report for Sarah Piper?

McCormick reported that Chief Human Relations Officer Sarah Piper received a grant of 54.358 shares of Phantom Stock. These units are part of her compensation and are linked one-for-one to Common Stock – Voting under a retirement savings plan.

What is the size of Sarah Piper’s new phantom stock award at McCormick (MKC)?

Sarah Piper was awarded 54.358 phantom stock units, each tied to one share of Common Stock – Voting. The filing records a reference price of $46.70 per unit, reflecting the value used for this compensation entry.

How many McCormick (MKC) shares does Sarah Piper hold after this Form 4?

After the reported transactions, Sarah Piper directly holds 9,037.94 shares of Common Stock – Voting. She also indirectly holds 4,547.118 phantom stock units in a Non Qualified Retirement Savings Plan, each representing the right to receive one share of common stock.

How does McCormick’s (MKC) phantom stock work in this filing?

Each phantom stock unit represents the right to receive one share of Common Stock – Voting. According to the filing, these units are payable in shares of common stock in line with the terms of McCormick’s Non Qualified Retirement Savings Plan for participating executives.

Is the McCormick (MKC) Sarah Piper transaction a market buy or sell?

The transaction is a grant or award acquisition, not an open-market buy or sell. The Form 4 lists transaction code “A” for the phantom stock, indicating compensation-related acquisition through the company’s Non Qualified Retirement Savings Plan rather than trading in the market.