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McCormick (MKC) director updates holdings with dividend reinvestment and phantom stock awards

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

Rhea-AI Filing Summary

McCormick & Company director reports routine share and phantom stock activity. A company director filed a Form 4 showing the acquisition of 180.254 shares of McCormick common stock – voting – on 07/22/2025, coded as a "J" transaction and described as dividend reinvestment. These shares were acquired at a price of $71.3165 per share, bringing the director’s directly held voting common stock to 30,798.008 shares. The director also directly holds 2,620 shares of non-voting common stock.

In addition, the filing reports derivative holdings in the form of phantom stock tied to McCormick’s Non-Qualified Retirement Savings Plan. On 07/22/2025, 16.828 phantom stock units were credited at a reference price of $70.74, and on 12/03/2025, 155.958 phantom stock units were credited at $64.12. After these transactions, the director beneficially owns 2,807.928 phantom stock units in one plan account and 2,963.886 phantom stock units in another, each representing the right to receive an equal number of voting common shares under the plan’s terms.

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)
07/22/2025
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 07/22/2025 J(1) V 180.254 A $71.3165 30,798.008 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) 07/22/2025 J V 16.828 (1) (1) Common Stock - Voting 16.828 $70.74 2,807.928 I Non Qualified Retirement Savings Plan
Phantom Stock (2) 12/03/2025 A 155.958 (2) (2) Common Stock - Voting 155.958 $64.12 2,963.886 I Non Qualified Retirement Savings Plan
Explanation of Responses:
1. Dividend Reinvestment
2. 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 12/11/2025
** 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) disclose in this Form 4?

The Form 4 reports that a McCormick director acquired 180.254 shares of common stock – voting – on 07/22/2025 through a transaction coded "J," which is explained as dividend reinvestment.

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

Following the reported transaction, the director beneficially owns 30,798.008 shares of McCormick common stock – voting – as a direct holding, plus 2,620 shares of common stock – non-voting.

What are the phantom stock units reported for McCormick (MKC)?

The director holds phantom stock units under McCormick’s Non-Qualified Retirement Savings Plan. Each phantom stock unit represents the right to receive one share of McCormick common stock – voting, paid in accordance with the plan’s terms.

How many phantom stock units tied to McCormick (MKC) does the director own?

After the reported activity, the director beneficially owns 2,807.928 phantom stock units in one plan account and 2,963.886 phantom stock units in another, each linked to McCormick common stock – voting.

At what prices were the McCormick (MKC) shares and phantom stock units recorded?

The 180.254 voting common shares were acquired at $71.3165 per share. Phantom stock units were credited at $70.74 per unit on 07/22/2025 and $64.12 per unit on 12/03/2025.

Does this McCormick (MKC) Form 4 indicate use of a trading plan?

The form includes a checkbox for transactions made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not indicate that this box was marked for the reported transactions.

Mccormick & Co

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3.19%
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