McCormick 10% owner exercises options, sells shares

McCormick & Company, Incorporated 10% owner Lawrence Erik Kurzius reported exercising options for 50,000 shares of voting common stock at an exercise price of $49.025 per share, with no cash purchase price required under the option terms.

Rhea-AI Filing Summary

McCormick & Company, Incorporated 10% owner Lawrence Erik Kurzius reported exercising options for 50,000 shares of voting common stock at an exercise price of $49.025 per share, with no cash purchase price required under the option terms. On the same day, he sold 50,000 shares of voting common stock in an open-market transaction at $71.63 per share. After these transactions, he directly owned 296,992 shares of voting common stock and 205,538 options representing rights to buy additional shares.

Insider Trade Summary

Exercise and Sale: 50,000 shares ($1.13M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Kurzius Lawrence Erik

Role 10% Owner

Sold 50,000 shs ($3.58M)

Approx. gross sale proceeds $3.58M

Approx. exercise cost $2.45M

Approx. pre-tax spread $1.13M

Type	Security	Shares	Price	Value
Exercise	Options - Right to Buy	50,000	$0.00	$0.00
Exercise	Common Stock - Voting	50,000	$49.025	$2.45M
Sale	Common Stock - Voting	50,000	$71.63	$3.58M

Holdings After Transaction: Options - Right to Buy — 205,538 contracts (Direct); Common Stock - Voting — 296,992 shares (Direct)

Footnotes (1)

1. F1. Option exercised; no purchase price required.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did McCormick (MKC) report on February 12, 2026?

McCormick (MKC) reported that 10% owner Lawrence Erik Kurzius exercised options for 50,000 shares and sold 50,000 shares. The sale was an open-market transaction at $71.63 per share, following an option exercise linked to an exercise price of $49.025 per share.

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

The insider sold 50,000 shares of McCormick voting common stock at $71.63 per share. This was reported as an open-market or private sale transaction coded “S,” occurring on February 12, 2026, after exercising options covering the same number of shares.

What option exercise did the McCormick (MKC) 10% owner report?

The 10% owner exercised options to acquire 50,000 shares of McCormick voting common stock. The derivative security had an exercise price of $49.025 per share, and a footnote states that no purchase price was required upon exercise of this option on February 12, 2026.

How many McCormick (MKC) shares does the insider own after these transactions?

After the reported trades, the insider directly owned 296,992 McCormick voting common shares. He also held 205,538 options, described as rights to buy additional shares, which remained beneficially owned following the option exercise and sale activity on February 12, 2026.

Who is the reporting person in this McCormick (MKC) Form 4 filing?

The reporting person is Lawrence Erik Kurzius, identified as a 10% owner of McCormick. The filing shows he is not listed as a director or officer in this context, and the form is filed by one reporting person with direct ownership of the reported securities.

What does the footnote about the McCormick (MKC) option exercise explain?

The footnote explains that the option was exercised with no purchase price required. This means that, although the option carried a stated exercise price of $49.025 per share, the insider did not pay a cash amount upon exercising it, according to the disclosure language.

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

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Accepted by SEC EDGAR 02/13/2026 - 12:05 PM Learn about SEC filing dates

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^*

Kurzius Lawrence Erik

(Last) (First) (Middle)

MCCORMICK & COMPANY, INCORPORATED

24 SCHILLING ROAD, SUITE1

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		M		50,000	A	$49.025	346,992	D
Common Stock - Voting	02/12/2026		S		50,000	D	$71.63	296,992	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
Options - Right to Buy	$49.025	02/12/2026		M			50,000	03/29/2018	03/29/2027	Common Stock - Voting	50,000	$0(1)	205,538	D

Explanation of Responses:

1. Option exercised; no purchase price required.

	Jeffery D. Schwartz, Attorney-in-Fact	02/13/2026
	** 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.