McCormick HR chief granted phantom stock units
Piper Sarah reported acquisition or exercise transactions in this Form 4 filing.
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
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 54.496 | $46.58 | $3K |
| holding | Common Stock - Voting | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Phantom Stock financial
Non Qualified Retirement Savings Plan financial
Common Stock - Voting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did McCormick (MKC) report for Sarah Piper?
How many phantom stock units does Sarah Piper hold after this McCormick (MKC) filing?
What does McCormick (MKC) phantom stock represent for Sarah Piper?
Was the McCormick (MKC) Form 4 transaction a market buy or sell by Sarah Piper?
AI-generated analysis. How Rhea-AI works. Not financial advice.