Form 4: McCormick CEO Brendan Foley Increases Phantom Stock

McCormick & Co. Chairman, President & CEO Brendan M. Foley acquired 49.799 shares of phantom stock via a retirement plan.

Summary

• Brendan M. Foley, Chairman, President & CEO of McCormick & Co., acquired 49.799 shares of phantom stock.
• The transaction occurred on April 2, 2026, at a price of $48.85 per share.
• The acquisition was made through the company's Non-Qualified Retirement Savings Plan.
• Following this transaction, the reporting person holds 13,683.983 shares of phantom stock indirectly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing with no material impact on the company's financial outlook.

Positives

• Demonstrates continued alignment of executive interests with company performance through retirement plan participation.

Negatives

• None identified; this is a routine administrative transaction related to a retirement savings plan.

Risks

• None identified; this filing pertains to routine equity accumulation within a retirement plan.

Future Outlook

Not applicable; this is a retrospective disclosure of an equity transaction.

Industry Context

StockSavvy.ai notes that routine executive equity accumulation through retirement plans is standard practice in the consumer staples sector, signaling long-term commitment rather than tactical market trading.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation and retirement benefit structures observed in large-cap consumer goods companies like General Mills or Kraft Heinz.

Stakeholder Impact

• Minimal impact; reflects standard executive participation in company-sponsored retirement plans.

Next Steps

• None; this is a completed transaction disclosure.

Key Dates

Keywords

McCormick, MKC, Insider Trading, Form 4, Brendan Foley, Executive Compensation