McCormick director exercises options, gets RSUs
McCormick & Co. director Michael D. Mangan reported several equity transactions in company stock.
Rhea-AI Filing Summary
McCormick & Co. director Michael D. Mangan reported several equity transactions in company stock. On 02/05/2026 he exercised options to acquire 5,000 shares of Common Stock - Voting at $49.96 per share, increasing his directly held voting stake to 43,029 shares, plus 4,234 shares of Common Stock - Non Voting.
That same day, he disposed of 3,751 voting shares at $66.58. Separately, on 02/06/2026 he received a grant of 2,598 Restricted Stock Units, each representing a right to one share of McCormick common stock, which vest in full on 02/15/2027 and will be settled in an equal number of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,598 | $0.00 | $0.00 |
| Exercise | Options - Right to Buy | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock - Voting | 5,000 | $49.96 | $250K |
| Exercise Price or Tax Liability | Common Stock - Voting | 3,751 | $66.58 | $250K |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (3)
- F1. Options exercised; no purchase price required.
- F2. The Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
- F3. The Restricted Stock Units vest in full on 2/15/2027 and are settled in an equal number of shares of McCormick stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did McCormick (MKC) director Michael D. Mangan report?
What option exercise did McCormick (MKC) director Mangan report?
What Restricted Stock Units did McCormick (MKC) grant to Michael D. Mangan?
How are Mangan’s McCormick (MKC) derivative holdings structured after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.