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Kurzius updates McCormick (NYSE: MKC) 11.8% stake and 50,000-share sale

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Lawrence E. Kurzius, Former Executive Chairman of McCormick & Company, filed Amendment No. 7 to his Schedule 13D reporting beneficial ownership of 1,944,120 shares of McCormick common stock, or 11.8% of the outstanding shares. This stake includes 1,569,277 shares that may be acquired within 60 days through vested stock options.

The filing confirms he has sole voting and dispositive power over all reported shares and no shared power. It also notes that on January 13, 2026 he exercised stock options to acquire 50,000 shares at an exercise price of $49.96 per share and then sold all 50,000 shares in an open-market transaction at $67.43 per share. Aside from this option exercise and sale, no other transactions in the past 60 days are reported.

Positive

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Negative

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Insights

Kurzius updates his 11.8% McCormick stake and discloses a 50,000-share option exercise and sale.

The amendment shows Lawrence E. Kurzius continues to be a significant McCormick shareholder with 1,944,120 shares, representing 11.8% of the common stock. A large portion, 1,569,277 shares, comes from vested stock options exercisable within 60 days, indicating much of his exposure is tied to equity awards.

The filing highlights a specific recent transaction: on January 13, 2026 he exercised options for 50,000 shares at $49.96 and sold the same number at $67.43 in a brokered open-market trade. He retains sole voting and dispositive power over the reported position. This looks like a routine update to reflect ongoing equity award activity rather than a fundamental shift in ownership.






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).






SCHEDULE 13D




Comment for Type of Reporting Person:
*See Item 5. **Based on (i) 14,851,729 shares of Common Stock outstanding as of December 31, 2025 plus (ii) 1,569,277 shares that may become issuable upon the exercise of stock options held by the Reporting Person.


SCHEDULE 13D


Lawrence E. Kurzius
Signature:/s/ Jason E. Wynn
Name/Title:Attorney-in-Fact
Date:01/15/2026

FAQ

What ownership stake in McCormick (MKC) does Lawrence E. Kurzius report in this Schedule 13D/A?

He reports beneficial ownership of 1,944,120 shares of McCormick common stock, representing 11.8% of the outstanding shares of the company.

How many McCormick (MKC) shares underlying stock options are included in Kurzius’s reported holdings?

His reported beneficial ownership includes 1,569,277 shares of McCormick common stock that may be acquired within 60 days through the exercise of vested stock options.

Did Lawrence E. Kurzius recently buy or sell McCormick (MKC) shares?

Yes. On January 13, 2026, he exercised stock options to acquire 50,000 shares of McCormick common stock at $49.96 per share and sold all 50,000 shares in an open-market transaction at $67.43 per share.

What voting and dispositive power does Kurzius report over his McCormick (MKC) shares?

He reports sole voting power and sole dispositive power over 1,944,120 shares, with no shared voting or dispositive power.

What is the total McCormick (MKC) share count used to calculate Kurzius’s 11.8% ownership?

The 11.8% figure is based on 14,851,729 shares of common stock outstanding as of December 31, 2025 plus 1,569,277 shares that may become issuable upon the exercise of stock options he holds.

What is Lawrence E. Kurzius’s role in relation to McCormick (MKC)?

He is identified as the Former Executive Chairman of the Board of McCormick & Company, Incorporated.
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