STOCK TITAN

Phantom stock award boosts McCormick (MKC) HR chief holdings

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 a routine equity compensation award. She received 54.496 shares of phantom stock at a reference price of $46.5800 per share under the company’s Non Qualified Retirement Savings Plan.

Each phantom stock share represents the right to receive one share of Common Stock - Voting, payable in shares according to the plan’s terms. Following these updates, she holds 9,037.9400 shares of Common Stock - Voting directly and 4,601.6140 phantom stock units indirectly through the retirement plan.

Positive

  • None.

Negative

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Insider Piper Sarah
Role Chief Human Relations Officer
Type Security Shares Price Value
Grant/Award Phantom Stock 54.496 $46.58 $3K
holding Common Stock - Voting -- -- --
Holdings After Transaction: Phantom Stock — 4,601.614 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 9,037.94 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Phantom stock granted 54.496 shares Grant to Chief Human Relations Officer on 2026-06-02
Phantom stock reference price $46.5800 per share Price for newly granted phantom stock units
Phantom stock holdings after award 4,601.6140 units Indirect holdings in Non Qualified Retirement Savings Plan
Direct common stock holdings 9,037.9400 shares Common Stock - Voting held directly after reported 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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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)
06/02/2026
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)06/02/2026A54.496 (1) (1)Common Stock - Voting54.496$46.584,601.614INon 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-fact06/03/2026
** 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)

FAQ

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

McCormick reported that Chief Human Relations Officer Sarah Piper received 54.496 shares of phantom stock. This award is part of deferred compensation and represents future rights to Common Stock - Voting under the company’s Non Qualified Retirement Savings Plan.

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

After the reported award, Sarah Piper holds 4,601.6140 phantom stock units. These units are tied to McCormick’s Common Stock - Voting and are payable in shares according to the Non Qualified Retirement Savings Plan’s terms.

What does McCormick (MKC) phantom stock represent for Sarah Piper?

Each unit of McCormick’s phantom stock represents the right to receive one share of Common Stock - Voting. The shares are delivered according to the Non Qualified Retirement Savings Plan, effectively deferring part of the executive’s compensation in stock-linked units.

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

Following the reported transactions, Sarah Piper directly owns 9,037.9400 shares of McCormick Common Stock - Voting. This direct ownership is separate from her indirect holdings of phantom stock units in the Non Qualified Retirement Savings Plan.

Was the McCormick (MKC) Form 4 transaction a market buy or sell by Sarah Piper?

The Form 4 shows a grant of phantom stock, coded as an award (A), not a market purchase or sale. It reflects compensation in deferred stock units rather than an open-market trade in McCormick shares.