McCormick HR chief granted 370 phantom stock units
MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper received a grant of phantom stock as part of her compensation.
Rhea-AI Filing Summary
MCCORMICK & CO INC Chief Human Relations Officer Sarah Piper received a grant of phantom stock as part of her compensation. On March 16, 2026, she acquired 369.584 phantom stock units under a Non Qualified Retirement Savings Plan, each tied to one share of Common Stock - Voting.
After this grant, her indirect holdings in phantom stock total 4,390.204 units. The filing also reports 8,063.040 shares of Common Stock - Voting held directly. This is a routine compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 369.584 | $0.00 | $0.00 |
| holding | Common Stock - Voting | -- | -- | -- |
Footnotes (1)
- 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.
FAQ
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What insider transaction did MKC executive Sarah Piper report?
Is Sarah Piper’s Form 4 for MKC a stock purchase or sale?
How many phantom stock units does Sarah Piper hold in MKC after this grant?
What does phantom stock mean in McCormick’s MKC executive plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.