STOCK TITAN

McCormick (NYSE: MKC) CEO receives phantom stock grant, holds over 130K shares

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 received a grant of 53.678 phantom stock units at $46.70 per unit under a Non‑Qualified Retirement Savings Plan. Each phantom unit represents the right to receive one share of Common Stock - Voting, bringing his plan balance to 14,016.544 phantom units.

The filing also notes a small "other" transaction involving 5 shares of Common Stock - Non Voting, after which Foley directly holds 1,388.460 non‑voting shares and 130,344.016 voting common shares. These are routine compensation and administrative updates rather than open‑market trades.

Positive

  • None.

Negative

  • None.
Insider Foley Brendan M
Role Chairman, President & CEO
Type Security Shares Price Value
Grant/Award Phantom Stock 53.678 $46.70 $3K
Other Common Stock - Non Voting 5 $51.34 $256.70
holding Common Stock - Voting -- -- --
Holdings After Transaction: Phantom Stock — 14,016.544 shares (Indirect, Non Qualified Retirement Savings Plan); Common Stock - Non Voting — 1,388.46 shares (Direct, null); Common Stock - Voting — 130,344.016 shares (Direct, null)
Footnotes (1)
  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.
Phantom stock grant 53.678 units at $46.70 Non-Qualified Retirement Savings Plan award on 2026-05-18
Phantom stock balance 14,016.544 units Phantom stock units following latest award
Voting shares held 130,344.016 shares Common Stock - Voting held directly after transactions
Non-voting shares held 1,388.460 shares Common Stock - Non Voting held directly after code J event
Non-voting code J shares 5.000 shares at $51.34 Other acquisition or disposition on 2026-04-28
Phantom Stock financial
"Security title listed as "Phantom Stock" with units tied to common stock."
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
"Nature of ownership noted as "Non Qualified Retirement Savings Plan"."
Common Stock - Voting financial
"Underlying security title identified as "Common Stock - Voting"."
Common Stock - Non Voting financial
"Security title for separate class is "Common Stock - Non Voting"."
transaction code J financial
"Non-derivative entry uses code J, described as other acquisition or disposition."
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock - Voting130,344.016D
Common Stock - Non Voting04/28/2026J(1)V5A$51.341,388.46D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(2)05/18/2026A53.678 (2) (2)Common Stock - Voting53.678$46.714,016.544INon 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-Fact05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

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

Brendan Foley reported a grant of 53.678 phantom stock units at $46.70 each under a Non‑Qualified Retirement Savings Plan. These units track McCormick common stock value and are payable in voting shares under plan terms.

What is the size of Brendan Foley’s phantom stock holdings in McCormick (MKC)?

After the latest grant, Brendan Foley holds 14,016.544 phantom stock units tied to McCormick’s voting common stock. Each unit represents the right to receive one voting share under the Non‑Qualified Retirement Savings Plan.

Did McCormick (MKC) CEO Brendan Foley buy or sell shares on the open market?

The filing does not show any open‑market buys or sells by Brendan Foley. It reports a phantom stock award and a small "other" code J transaction, which is categorized as an administrative or restructuring event, not a market trade.

How many McCormick (MKC) voting shares does Brendan Foley hold directly?

Brendan Foley is reported to hold 130,344.016 shares of Common Stock - Voting directly. This figure reflects his direct ownership position after the transactions noted in the Form 4 insider filing.

What non‑voting McCormick (MKC) shares are reported for Brendan Foley?

The Form 4 shows a code J "other" transaction of 5 Common Stock - Non Voting shares at $51.34 each. Following this, Foley directly holds 1,388.460 non‑voting common shares in addition to his voting share holdings.

How does phantom stock work in McCormick (MKC)’s Non‑Qualified Retirement Savings Plan?

Each phantom stock unit represents the right to receive one share of McCormick Common Stock - Voting. Units are payable in voting shares according to the Non‑Qualified Retirement Savings Plan’s terms, aligning executive retirement benefits with shareholder value.