McCormick (NYSE: MKC) director logs small dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Co. director Valarie L. Sheppard reported a small dividend reinvestment transaction in company stock. On this Form 4, she recorded an “other” transaction involving 3.29 shares of Common Stock - Voting at $51.81 per share, noted as dividend reinvestment.
After this routine, non-market transaction, Sheppard directly holds a total of 2,573.77 shares of McCormick & Co. common stock. The filing reflects ongoing participation in a dividend reinvestment program rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sheppard Valarie L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock - Voting | 3.29 | $51.81 | $170.45 |
Holdings After Transaction:
Common Stock - Voting — 2,573.77 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend reinvestment shares: 3.29 shares
Dividend reinvestment price: $51.81 per share
Shares held after transaction: 2,573.77 shares
3 metrics
Dividend reinvestment shares
3.29 shares
Common Stock - Voting in Form 4 transaction
Dividend reinvestment price
$51.81 per share
Price used for 3.29-share transaction
Shares held after transaction
2,573.77 shares
Direct ownership following dividend reinvestment
Key Terms
Dividend Reinvestment, Common Stock - Voting, Other acquisition or disposition, Form 4
4 terms
Dividend Reinvestment financial
"footnote describing the transaction as “Dividend Reinvestment”"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Common Stock - Voting financial
"security title listed as “Common Stock - Voting”"
Other acquisition or disposition financial
"transaction code J described as “Other acquisition or disposition”"
Form 4 regulatory
"insider activity reported on a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did McCormick (MKC) director Valarie Sheppard report?
Valarie L. Sheppard reported a small dividend reinvestment in McCormick common stock. The Form 4 shows an “other” transaction for 3.29 shares of Common Stock - Voting at $51.81 per share, classified as dividend reinvestment rather than an open-market trade.
What are Valarie Sheppard’s McCormick (MKC) holdings after this Form 4 transaction?
Following the reported dividend reinvestment, Valarie L. Sheppard directly holds 2,573.77 shares of McCormick Common Stock - Voting. This total represents her direct ownership position after the 3.29-share dividend reinvestment recorded on the Form 4.
Was the McCormick (MKC) insider transaction a buy or sell in the open market?
The reported insider activity was not an open-market buy or sell. It is coded as an “other acquisition or disposition,” with a footnote describing the 3.29-share transaction as dividend reinvestment, indicating automatic share accumulation from dividends.