McCormick (NYSE: MKC) director Tapiero converts phantom stock to shares

Rhea-AI Filing Summary

McCormick & Co. director Jacques Tapiero reported routine equity transactions involving phantom stock units and common shares. On February 2, 2026, 5.690 phantom stock units in a Non Qualified Retirement Savings Plan were settled into an equal number of McCormick voting common shares at $61.10 per share. Following this, he held 31,596.054 shares of voting common stock directly and 2,206.082 phantom stock units indirectly through the plan, plus 2,620 non‑voting common shares directly. Earlier, on January 12, 2026, 21.42 phantom stock units were credited at $66.84 per unit, described as dividend reinvestment and economically equivalent to voting common shares.

Insider Trade Summary

5.69 shares exercised/converted

Mixed 4 txns

Insider Tapiero Jacques

Role Director

Type	Security	Shares	Price	Value
Exercise	Phantom Stock	5.69	$61.10	$347.66
Exercise	Common Stock - Voting	5.69	$61.10	$347.66
Other	Phantom Stock	21.42	$66.84	$1K
holding	Common Stock - Non Voting	--	--	--

Holdings After Transaction: Phantom Stock — 2,206.082 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 31,596.054 shares (Direct); Common Stock - Non Voting — 2,620 shares (Direct)

Footnotes (1)

1. Dividend Reinvestment Each Phantom Stock Unit is the economic equivalent of one share of McCormick Common Stock ??" Voting. On February 2, 2026, 5.690 units were settled for an equal number of McCormick Common Stock ??" Voting.

Form 4 Insider Transactions: What Each Field Means →

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
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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)
01/12/2026

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	02/02/2026		M		5.69	A	$61.1	31,596.054	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)	01/12/2026		J	V	21.42		(1)	(1)	Common Stock - Voting	21.42	$66.84	2,211.772	I	Non Qualified Retirement Savings Plan
Phantom Stock	(2)	02/02/2026		M			5.69	02/02/2026	02/02/2026	Common Stock - Voting	5.69	$61.1	2,206.082	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 February 2, 2026, 5.690 units were settled for an equal number of McCormick Common Stock ??" Voting.

	Jason E. Wynn, Attorney-in-fact	02/03/2026
	** 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 Jacques Tapiero report at McCormick (MKC)?

Jacques Tapiero reported routine equity activity, including settling 5.690 phantom stock units into an equal number of McCormick voting common shares at $61.10 per share. These transactions occurred within a Non Qualified Retirement Savings Plan and reflect standard director compensation and dividend reinvestment mechanisms.

How many McCormick voting shares does Jacques Tapiero hold after this Form 4?

After the reported transactions, Jacques Tapiero directly holds 31,596.054 shares of McCormick voting common stock. He also has 2,206.082 phantom stock units indirectly through a Non Qualified Retirement Savings Plan, which are economically equivalent to voting common shares according to the filing footnotes.

What are the phantom stock transactions reported by Jacques Tapiero at MKC?

The filing shows two phantom stock events: 21.42 units credited on January 12, 2026 at $66.84, described as dividend reinvestment, and 5.690 units settled into the same number of voting common shares on February 2, 2026 at $61.10 per share via a retirement savings plan.

Does Jacques Tapiero hold any non-voting McCormick shares?

Yes. The Form 4 reports that Jacques Tapiero holds 2,620 shares of McCormick non‑voting common stock directly. This position is shown as a holding rather than a new transaction, indicating no change in non‑voting shares during the reported period in the filing.

How is the Non Qualified Retirement Savings Plan used in Jacques Tapiero’s MKC holdings?

The Non Qualified Retirement Savings Plan holds Tapiero’s phantom stock units, reported as indirect ownership. These units are economically equivalent to McCormick voting common shares and can be settled into actual shares, as shown by the 5.690-unit conversion on February 2, 2026 at $61.10 per share.

What does the Form 4 say about dividend reinvestment for McCormick phantom stock?

The filing explains that 21.42 phantom stock units credited on January 12, 2026 resulted from dividend reinvestment. Each phantom unit is described as economically equivalent to one share of McCormick voting common stock, reflecting reinvested dividends within the Non Qualified Retirement Savings Plan structure.