McCormick (NYSE: MKC) CEO gets phantom stock grant and dividend reinvestments

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

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

McCormick & Co. Chairman, President & CEO Brendan M. Foley reported plan-related equity activity, mainly compensation and dividend reinvestment entries. He received a grant of 52.202 shares of phantom stock at $48.02 per share under a Non Qualified Retirement Savings Plan, bringing his indirect phantom stock balance to 13,962.866 units.

The filing also records 288 shares of Common Stock - Voting at $51.40 per share and 130.779 additional phantom stock units at $50.40 per unit as other non-market transactions, which the footnotes label as dividend reinvestment. After these updates, Foley holds 130,344.016 shares of Common Stock - Voting directly and 1,383.460 shares of Common Stock - Non Voting directly, plus the phantom stock units that are payable in an equal number of voting common shares under the plan.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Foley Brendan M

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	52.202	$48.02	$3K
Other	Common Stock - Voting	288	$51.40	$15K
Other	Phantom Stock	130.779	$50.40	$7K
holding	Common Stock - Non Voting	--	--	--

Holdings After Transaction: Phantom Stock — 13,962.866 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Voting — 130,344.016 shares (Direct, null); Common Stock - Non Voting — 1,383.46 shares (Direct, null)

Footnotes (1)

Dividend Reinvestment 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.

Key Figures

Phantom stock grant: 52.202 units at $48.02 Phantom stock balance: 13,962.866 units Other phantom stock entry: 130.779 units at $50.40 +3 more

6 metrics

Phantom stock grant 52.202 units at $48.02 Grant under Non Qualified Retirement Savings Plan

Phantom stock balance 13,962.866 units Indirect holdings after grant

Other phantom stock entry 130.779 units at $50.40 Other transaction coded as dividend reinvestment

Dividend reinvestment common shares 288 shares at $51.40 Common Stock - Voting other transaction

Direct voting common holdings 130,344.016 shares Common Stock - Voting after transactions

Direct non-voting common holdings 1,383.460 shares Common Stock - Non Voting holding entry

Key Terms

Phantom Stock, Non Qualified Retirement Savings Plan, Dividend Reinvestment, Common Stock - Voting, +1 more

5 terms

Phantom Stock financial

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Non Qualified Retirement Savings Plan financial

"Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan."

Dividend Reinvestment financial

"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

"Each share of phantom stock represents the right to receive one share of Common Stock - Voting."

Common Stock - Non Voting financial

"Common Stock - Non Voting"

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 09:07 AM

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

MARYLAND

21031

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock - Voting	04/28/2026		J⁽¹⁾	V	288	A	$51.4	130,344.016	D
Common Stock - Non Voting								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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	04/27/2026		J	V	130.779		⁽¹⁾	⁽¹⁾	Common Stock - Voting	130.779	$50.4	13,910.665	I	Non Qualified Retirement Savings Plan
Phantom Stock	⁽²⁾	05/04/2026		A		52.202		⁽²⁾	⁽²⁾	Common Stock - Voting	52.202	$48.02	13,962.866	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	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did McCormick (MKC) CEO Brendan Foley report?

Brendan Foley reported a grant of 52.202 phantom stock units and several plan-related adjustments. These included 288 shares of Common Stock - Voting and 130.779 phantom stock units recorded as dividend reinvestments, updating both his direct share ownership and deferred compensation holdings.

What is the phantom stock grant reported for McCormick (MKC)’s CEO?

The CEO received 52.202 shares of phantom stock valued at $48.02 per unit. Each phantom stock unit represents the right to receive one share of McCormick Common Stock - Voting, payable under the company’s Non Qualified Retirement Savings Plan according to its stated terms.

How many McCormick (MKC) shares does Brendan Foley hold after these transactions?

Following these entries, Brendan Foley holds 130,344.016 shares of Common Stock - Voting and 1,383.460 shares of Common Stock - Non Voting directly. He also has 13,962.866 phantom stock units indirectly, which are tied to future delivery of voting common shares under a retirement plan.

Were Brendan Foley’s recent McCormick (MKC) transactions open-market buys or sells?

The reported transactions were not open-market purchases or sales. They consist of a phantom stock grant and other entries coded as “other” transactions and dividend reinvestments, reflecting compensation and plan activity rather than discretionary trading in McCormick stock.

What does phantom stock mean in McCormick (MKC)’s Form 4 filing?

In this filing, each phantom stock share represents the right to receive one share of Common Stock - Voting. These units are payable in McCormick voting common shares in line with the Non Qualified Retirement Savings Plan, functioning as deferred, stock-linked compensation for the executive.