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Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
MCCORMICK & CO INC Chairman, President & CEO Brendan M. Foley reported several equity-related transactions. The largest was a grant of 427.9 shares of phantom stock on February 25, 2026 at $69.03 per share under a Non-Qualified Retirement Savings Plan.
Each phantom stock share represents the right to receive one share of Common Stock - Voting, payable in stock according to the plan’s terms. After this grant, Foley’s indirect phantom stock balance was 12,911.587 shares. Earlier in January 2026, he reported multiple small "J"-coded other transactions in Common Stock - Voting, Common Stock - Non Voting, and phantom stock, with some activity tied to dividend reinvestment.
McCormick & Company, Incorporated filed a shelf registration on February 20, 2026 to register common stock, common stock non-voting and debt securities for issuance from time to time.
The prospectus permits one or more offerings under the registration statement, with specific terms, offering prices and distribution plans to be set forth in future prospectus supplements; sales may occur on a continuous or delayed basis after effectiveness.
McCormick & Co Inc executive Ana Sanchez reported equity award activity involving restricted stock units and common shares. On February 15, 2026, 2,230 Restricted Stock Units were exercised or converted at $0.00 per unit, reflecting that no purchase price was required under the plan.
These units, granted on February 7, 2025, vest in thirds over a three-year period beginning on February 15, 2026, February 15, 2027 and February 15, 2028. Related common stock transactions included shares delivered at $71.61 per share to cover tax liabilities on prior awards under McCormick's Long-Term Incentive Plan, leaving Sanchez with directly held common shares after the tax-withholding dispositions.
McCormick & Co. vice president and controller Gregory Repas reported routine equity compensation activity involving restricted stock units and related tax withholding. On February 15, 2026, 557 restricted stock units were converted into an equal number of shares of common stock with no purchase price required.
To cover tax obligations on equity awards under McCormick's Long-Term Incentive Plan, 705 and 171 common shares were withheld at $71.61 per share, described as payment of tax liability by delivering securities. The restricted stock units were granted on February 7, 2025 and vest in thirds on February 15, 2026, February 15, 2027, and February 15, 2028.
McCormick & Co. Executive VP & CFO Gabriel Marcos Mendes reported equity compensation activity involving restricted stock units and common shares. On February 15, 2026, he acquired 3,792 Restricted Stock Units through a derivative exercise with no purchase price required, bringing his RSU holdings to 7,584 units.
The same day, these awards were converted into 3,792 shares of McCormick common stock - voting. To cover tax obligations related to long-term incentive awards, 922 and 1,262 common shares were withheld at a price of $71.61 per share as tax-withholding dispositions. After these transactions, he directly owned 12,933 common shares.
McCormick & Co. Chairman, President & CEO Brendan M. Foley reported equity compensation activity involving restricted stock units and common stock on February 15, 2026. He acquired 19,183 restricted stock units and an equivalent 19,183 shares of Common Stock - Voting through derivative exercises at no purchase price. To cover tax obligations related to these awards, the filing shows dispositions of 9,762 and 8,403 shares of Common Stock - Voting at $71.6100 per share as tax-withholding transactions, not open-market sales. Footnotes state these restricted stock units vest in thirds over three years beginning February 15, 2026, and were granted on February 7, 2025.
McCormick & Co. Chief Human Relations Officer Sarah Piper reported equity award activity involving restricted stock units and common shares. On February 15, 2026, 2,230 restricted stock units converted into an equal number of common shares, with no purchase price required. To cover tax obligations related to long-term incentive awards, 3,056 and 742 common shares were withheld at $71.61 per share. The restricted stock units were granted on February 7, 2025 and vest in thirds on February 15, 2026, February 15, 2027, and February 15, 2028. The filing also notes phantom stock under a non-qualified retirement savings plan, currently showing no units outstanding.
McCormick & Co. executive Andrew Foust, President, Americas, reported equity-related transactions tied to previously granted awards. On February 15, 2026, 2,900 Restricted Stock Units were exercised and converted into an equal number of shares of voting common stock, with no purchase price required. To satisfy tax obligations on incentive plan shares, he disposed of 2,040 and 965 voting common shares at $71.61 per share through tax-withholding transactions, rather than open-market sales. Following these transactions, he directly holds 12,927.51 voting common shares and 334.44 non-voting common sharesFebruary 7, 2025 and vest in thirds over three years beginning February 15, 2026, February 15, 2027, and February 15, 2028.
McCormick & Company is asking common stockholders to vote at its virtual 2026 annual meeting on April 1, 2026, with January 5, 2026 as the record date. Only voting common shares can vote, while non-voting common holders may attend and ask questions.
For 2025, net sales grew 2%, operating income rose 1% and adjusted operating income 2%. Earnings per share increased 0.3% and adjusted EPS 2%, supported by $962 million of operating cash flow. The company paid about $483 million in dividends, reaching $1.80 per share and marking 40 consecutive years of dividend increases. The board highlights a largely independent slate of 13 directors, pay-for-performance executive compensation tied to EPS, sales and long-term stock units, and extensive oversight of risk, sustainability, cybersecurity and human capital.