McCormick CEO awarded 68,855 restricted stock units
McCormick & Co. reported an equity grant to its top executive.
Rhea-AI Filing Summary
McCormick & Co. reported an equity grant to its top executive. Chairman, President & CEO Brendan M. Foley received an award of 68,855 Restricted Stock Units on February 6, 2026, at a stated price of $0 per unit. Each unit represents a contingent right to receive one share of voting common stock.
The Restricted Stock Units are scheduled to vest in three equal installments on February 15, 2027, February 15, 2028 and February 15, 2029. After this grant, Foley directly holds 68,855 Restricted Stock Units, 128,972.016 shares of voting common stock, and 1,371.457 shares of non‑voting common stock, along with an interest in phantom stock under a non‑qualified retirement savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 68,855 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock - Voting | -- | -- | -- |
| holding | Common Stock - Non Voting | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. The Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
- F3. The Restricted Stock Units vest in thirds over a three year period beginning on February 15, 2027, February 15, 2028 and February 15, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did McCormick (MKC) report for February 6, 2026?
How many Restricted Stock Units did McCormick (MKC) grant to CEO Brendan Foley?
When do Brendan Foley’s McCormick (MKC) Restricted Stock Units vest?
What McCormick (MKC) common stock holdings did Brendan Foley report?
What is the phantom stock mentioned in the McCormick (MKC) Form 4 filing?
What role does Brendan M. Foley hold at McCormick (MKC) in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.