McCormick director logs small dividend reinvestment
MCCORMICK & CO INC director Terry S. Thomas reported a small routine change in holdings through a dividend reinvestment.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
MCCORMICK & CO INC director Terry S. Thomas reported a small routine change in holdings through a dividend reinvestment. On the transaction date, 3.78 shares of Common Stock - Voting were credited at a price of $51.81 per share, bringing his directly held stake to 3,969.79 shares.
Insider Trade Summary
Other: 3.78 shares
Other
1 txn
Insider
THOMAS TERRY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock - Voting | 3.78 | $51.81 | $195.84 |
Holdings After Transaction:
Common Stock - Voting — 3,969.79 shares (Direct)
Holdings Before and After:
Common Stock - Voting, 3,966.01 to 3,969.79 shares (Direct)
Footnotes (1)
- F1. Dividend Reinvestment
Key Figures
Dividend reinvestment shares: 3.78 shares
Reinvestment price: $51.81 per share
Shares held after transaction: 3,969.79 shares
3 metrics
Dividend reinvestment shares
3.78 shares
Common Stock - Voting credited via dividend reinvestment
Reinvestment price
$51.81 per share
Price used for the 3.78-share dividend reinvestment
Shares held after transaction
3,969.79 shares
Direct holdings after the dividend reinvestment
Key Terms
Dividend Reinvestment, Common Stock - Voting, Other acquisition or disposition, Form 4
4 terms
Dividend Reinvestment financial
"Footnote describes 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” for the transaction"
Other acquisition or disposition financial
"Transaction code J is described as “Other acquisition or disposition”"
Form 4 regulatory
"Insider transaction is reported on SEC Form 4"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MCCORMICK & CO INC (MKC) director Terry S. Thomas report?
Director Terry S. Thomas reported a small dividend reinvestment transaction. He received 3.78 shares of Common Stock - Voting, recorded at $51.81 per share, which modestly increased his directly held ownership position in McCormick & Co Inc.
What does the 'Dividend Reinvestment' footnote mean in the MKC Form 4 filing?
The 'Dividend Reinvestment' footnote indicates the 3.78 shares were acquired by automatically reinvesting cash dividends into additional MKC common shares. This is a routine, plan-based transaction, not an open-market purchase or sale initiated separately by the director.
What transaction code appears in the MKC Form 4 for Terry S. Thomas?
The Form 4 lists transaction code J, described as an “Other acquisition or disposition” for non-derivative securities. In this case, the code corresponds to a dividend reinvestment that added 3.78 shares of Common Stock - Voting to his direct holdings.
Was the MKC insider transaction a buy or sell in the open market?
The transaction was not an open-market buy or sell. It is coded J as “Other acquisition or disposition” and footnoted as “Dividend Reinvestment,” meaning dividends were automatically converted into 3.78 additional MKC shares at $51.81 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
