McCormick (NYSE: MKC) director converts 2,222 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCormick & Co. director Terry S. Thomas exercised restricted stock units into common shares. On February 15, 2026, 2,222 restricted stock units, which required no purchase price, were converted into 2,222 shares of voting common stock, bringing direct ownership to 3,966.01 shares.
The restricted stock units were granted on February 7, 2025 and entitle the holder to receive an annual distribution of common stock equal to 100% of the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,222 shares exercised/converted
Mixed
2 txns
Insider
THOMAS TERRY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,222 | $0.00 | -- |
| Exercise | Common Stock - Voting | 2,222 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock - Voting — 3,966.01 shares (Direct)
Footnotes (1)
- Restricted Stock Units; No purchase price required. The reported Restricted Stock Units entitles the Reporting Person to receive an annual distribution of common stock equal to 100% of the grant. The Restricted Stock Units granted on February 7, 2025.
FAQ
What insider transaction did McCormick (MKC) director Terry S. Thomas report?
McCormick director Terry S. Thomas reported exercising 2,222 restricted stock units into 2,222 shares of voting common stock. This derivative exercise was recorded on February 15, 2026 and reflects a conversion of previously granted equity, not an open-market stock purchase or sale.
Did Terry S. Thomas pay a purchase price for the McCormick (MKC) restricted stock units?
No cash purchase price was required for the restricted stock units reported by Terry S. Thomas. Footnotes state the restricted stock units required no purchase price and entitle the reporting person to receive an annual distribution of common stock equal to 100% of the original grant amount.
When were the McCormick (MKC) restricted stock units granted to Terry S. Thomas?
The restricted stock units exercised on February 15, 2026 were granted on February 7, 2025. Footnote disclosure specifies this grant date and explains that the units entitle the holder to receive an annual distribution of McCormick common stock equal to 100% of the grant.