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McCormick (MKC) former chair Kurzius reports 9.9% stake and option-related trades

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Lawrence E. Kurzius, former Executive Chairman of McCormick & Company, reports updated ownership of the company’s common stock. He beneficially owns 1,590,319 shares of common stock, representing 9.9% of the outstanding class. This total includes 1,312,005 shares that may be acquired within 60 days through vested stock options. Kurzius holds sole voting and dispositive power over all reported shares.

Recent activity includes two notable transactions. On June 24, 2026, two trusts sold 125,385 shares at $48.4094 per share, eliminating his beneficial ownership in those trusts. On August 10, 2026, he exercised stock options to acquire 205,538 shares at an exercise price of $49.025 per share and subsequently sold all of those shares in an open market transaction at $52.6871 per share.

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Beneficial ownership 1,590,319 shares Shares of McCormick common stock beneficially owned as of the amendment date
Ownership percentage 9.9% Percent of McCormick common stock represented by Kurzius’ beneficial ownership
Shares outstanding 14,615,639 shares McCormick common stock outstanding as of July 31, 2026
Shares issuable via options 1,312,005 shares Shares that may become issuable upon exercise of stock options held by Kurzius
Trust share sale 125,385 shares at $48.4094 Shares sold by two trusts on June 24, 2026, removing his beneficial ownership in those trusts
Options exercised 205,538 shares at $49.025 Shares acquired via option exercise on August 10, 2026
Sale price after exercise $52.6871 per share Price for sale of all 205,538 shares in open market transaction on August 10, 2026
beneficially owns financial
"the Reporting Person beneficially owns, in aggregate, 1,590,319 shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
sole voting power financial
"Sole power to vote or direct the vote: 1,590,319"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or direct the disposition: 1,590,319"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
stock options financial
"shares of Common Stock that may be acquired within 60 days... pursuant to the exercise of stock options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
open market transaction financial
"sold all such shares in an open market transaction through a broker"
An open market transaction is a buy or sell of publicly traded securities executed on an exchange or other public trading venue where many buyers and sellers can participate. It matters to investors because these trades change the visible supply and demand for a stock—like shoppers moving prices in a busy marketplace—affecting share price, liquidity (how easily you can trade), and sometimes the balance of ownership.
Power of Attorney regulatory
"Power of Attorney (incorporated by reference to Exhibit 24"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

What percentage of McCormick (MKC) does Lawrence E. Kurzius currently beneficially own?

Lawrence E. Kurzius beneficially owns 1,590,319 shares of McCormick common stock, representing 9.9% of the outstanding class. This figure includes shares that may be acquired within 60 days through vested stock options.

How many McCormick (MKC) shares held by Lawrence E. Kurzius are tied to stock options?

Kurzius’ reported beneficial ownership includes 1,312,005 shares of McCormick common stock that may be acquired within 60 days through the exercise of vested stock options, in addition to other directly held shares.

What recent McCormick (MKC) stock transactions did Lawrence E. Kurzius report?

Kurzius reported two key transactions: on June 24, 2026, trusts sold 125,385 shares at $48.4094 each; on August 10, 2026, he exercised options for 205,538 shares at $49.025 and sold all at $52.6871 per share.

How was the 9.9% ownership of McCormick (MKC) by Lawrence E. Kurzius calculated?

The 9.9% figure is based on 14,615,639 shares of McCormick common stock outstanding as of July 31, 2026, plus 1,312,005 shares that may become issuable upon the exercise of stock options held by Kurzius.

Does Lawrence E. Kurzius share voting or dispositive power over McCormick (MKC) shares?

Kurzius reports sole voting power and sole dispositive power over 1,590,319 shares of McCormick common stock, with no shared voting or dispositive power over any reported shares.

What is the role of Lawrence E. Kurzius in relation to McCormick (MKC)?

Kurzius’ present principal occupation is disclosed as Former Executive Chairman of the Board of McCormick & Company, Incorporated, and he remains a significant beneficial owner of the company’s common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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579780206

(CUSIP Number)
Jeffery D. Schwartz
c/o McCormick & Company, Incorporated, 24 Schilling Road, Suite 1
Hunt Valley, MD, 21031
(410) 771-7301

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/10/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
*See Item 5. **Based on (i) 14,615,639 shares of Common Stock outstanding as of July 31, 2026 plus (ii) 1,312,005 shares that may become issuable upon the exercise of stock options held by the Reporting Person.


SCHEDULE 13D


Lawrence E. Kurzius
Signature:/s/ Jeffery Schwartz
Name/Title:Attorney-in-Fact
Date:08/12/2026