STOCK TITAN

McCormick (NYSE: MKC) major holder exercises options, sells 205,538 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McCormick & Co Inc ten percent owner Lawrence Erik Kurzius reported an option exercise-and-sale on common stock. He exercised 205,538 options for voting common stock at an exercise price of $49.025 per share, then sold 205,538 shares of common stock at $52.6871 per share in open-market or private transactions. The derivative position tied to these options, which were originally exercisable until March 29, 2027, is now reported as fully exercised.

Positive

  • None.

Negative

  • None.
Insider Kurzius Lawrence Erik
Role 10% Owner
Sold 205,538 shs ($10.83M)
Approx. gross sale proceeds $10.83M
Approx. exercise cost $10.08M
Approx. pre-tax spread $753K
Type Security Shares Price Value
Exercise Options - Right to Buy F1 205,538 $0.00 $0.00
Exercise Common Stock - Voting 205,538 $49.025 $10.08M
Sale Common Stock - Voting 205,538 $52.6871 $10.83M
Holdings After Transaction: Options - Right to Buy — 0 shares (Direct); Common Stock - Voting — 296,992 shares (Direct)
Footnotes (1)
  1. F1. Option exercised; no purchase price required.
Options exercised 205,538 shares Options - Right to Buy exercised into Common Stock - Voting on August 10, 2026
Option exercise price $49.025 per share Exercise price for Options - Right to Buy into Common Stock - Voting
Shares sold 205,538 shares Common Stock - Voting sold on August 10, 2026
Sale price $52.6871 per share Reported price for sale of Common Stock - Voting
Option expiration March 29, 2027 Original expiration date of the exercised Options - Right to Buy
Options - Right to Buy financial
"security_title is listed as Options - Right to Buy"
Common Stock - Voting financial
"underlying_security_title is Common Stock - Voting"
Exercise or conversion of derivative security financial
"transaction_code_description states Exercise or conversion of derivative security"

FAQ

What did McCormick (MKC) insider Lawrence Erik Kurzius report on this Form 4?

Kurzius reported an exercise and sale of McCormick voting common stock. He exercised 205,538 options and sold 205,538 shares on August 10, 2026, fully exercising this specific option grant.

How many McCormick (MKC) options did Kurzius exercise and at what price?

He exercised 205,538 options for McCormick voting common stock at an exercise price of $49.025 per share. A footnote states the option was exercised with no purchase price required to be paid in cash.

How many McCormick (MKC) shares did Kurzius sell and at what price?

Kurzius sold 205,538 shares of McCormick voting common stock in a transaction coded as a sale at a reported price of $52.6871 per share, described as an open-market or private transaction.

What happened to Kurzius’s McCormick (MKC) option position after these transactions?

The option covering 205,538 shares, originally expiring on March 29, 2027, is now reported with 0 derivative shares remaining following the exercise, indicating this grant has been fully exercised.

Is Lawrence Erik Kurzius a large shareholder of McCormick (MKC)?

Yes. The Form 4 lists Kurzius as a ten percent owner of McCormick & Co Inc. This status reflects beneficial ownership reporting thresholds, separate from the specific transactions disclosed in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Kurzius Lawrence Erik

(Last)(First)(Middle)
MCCORMICK & COMPANY, INCORPORATED
24 SCHILLING ROAD, SUITE1

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
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 - Voting08/10/2026M205,538A$49.025502,530D
Common Stock - Voting08/10/2026S205,538D$52.6871296,992D
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
Options - Right to Buy$49.02508/10/2026M205,53803/29/201803/29/2027Common Stock - Voting205,538$0(1)0D
Explanation of Responses:
1. Option exercised; no purchase price required.
Jeffery D. Schwartz, Attorney-in-Fact08/12/2026
** 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)