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McCormick (NYSE: MKC) CEO Brendan Foley reports 5.1% ownership in 13D

Filing Impact
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Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

McCormick & Company Chairman, President and CEO Brendan M. Foley filed a Schedule 13D reporting significant ownership of the company’s common stock. He beneficially owns 790,496 shares of common stock, representing 5.1% of the outstanding class, including 648,975 shares that could be acquired within 60 days through stock options and restricted stock units.

The filing explains that Foley receives a substantial portion of his compensation in equity under McCormick’s incentive and retirement plans. He states that he currently has no specific plans to change control or pursue major corporate actions but may acquire additional shares or dispose of shares in the future as circumstances warrant. Recent equity-related activity includes phantom stock accruals in a non-qualified retirement plan, an award of 20,198 shares under a long-term incentive program, and a grant of 68,855 restricted stock units.

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Insights

CEO Brendan Foley discloses a 5.1% beneficial stake in McCormick, aligning leadership with shareholders.

Brendan M. Foley, McCormick’s Chairman, President and CEO, reports beneficial ownership of 790,496 common shares, or 5.1% of the class. This includes 648,975 shares obtainable within 60 days via stock options and restricted stock units tied to company equity plans.

Higher insider ownership can align executive incentives with long-term shareholder value, but it also concentrates voting power. Foley indicates no current plans for transactions such as mergers, restructurings, or control shifts, while reserving the right to buy more shares or sell some later.

Recent equity activity—phantom stock credits, a 20,198-share long-term incentive award, and 68,855 new restricted stock units granted on February 6, 2026—highlights the company’s reliance on equity compensation. Future filings will clarify how these awards vest and whether Foley adjusts his stake over time.






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) 14,803,418 shares of Common Stock outstanding as of February 6, 2026 plus (ii) 648,975 shares that may become issuable upon the exercise of stock options and vesting of restricted stock units held by the Reporting Person.


SCHEDULE 13D


Brendan M. Foley
Signature:/s/ Jason E. Wynn
Name/Title:Jason E. Wynn / Attorney-in-Fact
Date:02/13/2026

FAQ

What does Brendan Foley’s Schedule 13D filing for McCormick (MKC) report?

The Schedule 13D reports that Brendan M. Foley beneficially owns 790,496 shares of McCormick common stock, equal to 5.1% of the class. This stake includes shares currently held plus those acquirable through options and restricted stock unit vesting within 60 days of February 6, 2026.

How many McCormick (MKC) shares can Brendan Foley acquire through equity awards?

Brendan Foley’s beneficial ownership includes 648,975 shares of McCormick common stock that he can acquire within 60 days via stock options and restricted stock units. These awards are granted under the company’s equity compensation plans as part of his overall executive compensation package.

What percentage of McCormick (MKC) does Brendan Foley control according to the filing?

The filing states that Brendan M. Foley beneficially owns 5.1% of McCormick’s common stock, or 790,496 shares. This percentage is calculated based on 14,803,418 shares outstanding as of February 6, 2026, plus shares issuable to him from options and restricted stock units.

Does Brendan Foley plan any major corporate actions at McCormick (MKC)?

The Schedule 13D states that Brendan Foley has no current plans or proposals for transactions such as mergers, restructurings, or other major corporate actions. However, he reserves the right to change his purpose, acquire additional shares, or dispose of shares in the future if circumstances change.

How does Brendan Foley receive equity compensation from McCormick (MKC)?

The filing explains that Brendan Foley, as an executive officer, receives compensation not only in cash but also in shares of common stock through stock options, restricted shares, restricted stock units, and other equity awards granted under McCormick’s equity compensation plans and retirement programs.