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McCormick (MKC) CEO Foley granted phantom stock and logs dividend moves

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.

MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley reported several equity-related transactions. The largest was a grant of 427.9 shares of phantom stock on February 25, 2026 at $69.03 per share under a Non-Qualified Retirement Savings Plan.

Each phantom stock share represents the right to receive one share of Common Stock - Voting, payable in stock according to the plan’s terms. After this grant, Foley’s indirect phantom stock balance was 12,911.587 shares. Earlier in January 2026, he reported multiple small "J"-coded other transactions in Common Stock - Voting, Common Stock - Non Voting, and phantom stock, with some activity tied to dividend reinvestment.

Positive

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Negative

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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
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*
Foley Brendan M

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President & CEO
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 01/14/2026 J(1) V 66 A $67.9 130,056.016 D
Common Stock - Non Voting 01/12/2026 J(1) V 8 A $67.29 1,379.457 D
Common Stock - Non Voting 01/13/2026 J(1) V 0.003 A $67.16 1,379.46 D
Common Stock - Non Voting 01/14/2026 J(1) V 4 A $68.42 1,383.46 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 88.76 (1) (1) Common Stock - Voting 88.76 $66.84 12,483.687 I Non Qualified Retirement Savings Plan
Phantom Stock (2) 02/25/2026 A 427.9 (2) (2) Common Stock - Voting 427.9 $69.03 12,911.587 I Non Qualified Retirement Savings Plan
Explanation of Responses:
1. Dividend Reinvestment
2. 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.
Jason E. Wynn, Attorney-in-Fact 02/26/2026
** 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 transactions did McCormick (MKC) CEO Brendan Foley report on this Form 4?

Brendan Foley reported a grant of 427.9 phantom stock shares on February 25, 2026, plus several smaller "J"-coded other transactions in January 2026 involving Common Stock - Voting, Common Stock - Non Voting, and phantom stock, including activity referenced as dividend reinvestment.

How many phantom stock shares did the McCormick (MKC) CEO receive and what do they represent?

He received 427.9 phantom stock shares at $69.03 each on February 25, 2026. Each phantom share represents the right to receive one share of Common Stock - Voting, payable in stock under the Non-Qualified Retirement Savings Plan’s terms.

What is the Non-Qualified Retirement Savings Plan mentioned in the McCormick (MKC) Form 4?

The Non-Qualified Retirement Savings Plan is the vehicle through which Foley holds phantom stock. Under this plan, each phantom stock share entitles him to receive one share of Common Stock - Voting, with payment made in stock according to the plan’s stated provisions.

How many McCormick (MKC) phantom stock shares did Brendan Foley hold after the latest grant?

After the February 25, 2026 grant, Foley indirectly held 12,911.587 phantom stock shares. These units, held through the Non-Qualified Retirement Savings Plan, are designed to be settled in an equivalent number of Common Stock - Voting shares in line with plan terms.

What do the "J"-coded transactions for McCormick (MKC) CEO Brendan Foley indicate?

"J" transactions are classified as other acquisitions or dispositions. In January 2026, Foley reported several "J"-coded moves in voting and non-voting common stock and phantom stock, with a footnote indicating dividend reinvestment as part of the activity.

What direct common stock holdings did the McCormick (MKC) CEO report after these transactions?

Following the January 14, 2026 "J"-coded transaction in Common Stock - Voting, Foley reported 130,056.016 directly held voting shares. He also reported 1,383.460 directly held Common Stock - Non Voting shares after related non-voting stock transactions on January 14, 2026.
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