McCormick insider exercises options, sells 205,538 shares
McCormick & Co Inc ten percent owner Lawrence Erik Kurzius reported an option exercise-and-sale on common stock.
Sentiment and the balance of points
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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.
Insider Trade Summary
| 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 |
Footnotes (1)
- F1. Option exercised; no purchase price required.
Key Figures
Key Terms
Options - Right to Buy financial
Common Stock - Voting financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did McCormick (MKC) insider Lawrence Erik Kurzius report on this Form 4?
How many McCormick (MKC) options did Kurzius exercise and at what price?
What happened to Kurzius’s McCormick (MKC) option position after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.