McCormick (MKC): Officer disposed 3,286.672 shares; added 37.072
McCormick & Co., Inc. (MKC) reporting person Sarah Piper, Chief Human Relations Officer, reported transactions on 10/07/2025.
Rhea-AI Filing Summary
McCormick & Co., Inc. (MKC) reporting person Sarah Piper, Chief Human Relations Officer, reported transactions on 10/07/2025. The filing shows a disposition of 3,286.672 shares of Common Stock and the acquisition of 37.072 units of Phantom Stock under a Non-Qualified Retirement Savings Plan. Each Phantom Stock unit represents the right to one share of voting common stock and is payable in shares under the plan.
After these transactions the reporting person is shown as beneficially owning 3,748.65 shares indirectly through the plan. The Phantom Stock acquisition carried a reported price of $65.62 per share. The form is signed by an attorney-in-fact and indicates the report was filed by a single reporting person.
Positive
- None.
Negative
- None.
Insights
Insider sold a material block of shares and added deferred plan units; ownership remains notable.
The filing records a disposition of 3,286.672 shares and the acquisition of 37.072 Phantom Stock units that convert to common shares under a Non-Qualified Retirement Savings Plan. The remaining beneficial ownership is shown as 3,748.65 shares held indirectly.
This pattern is consistent with routine executive liquidity combined with retirement-plan participation; investors can track further filings for timing or additional plan payouts in the near term around standard vesting or plan-distribution windows.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 37.072 | $65.62 | $2K |
| 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.
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