Form 4: McCormick & Co. CEO Brendan Foley Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Chairman, President, and CEO of McCormick & Co., Brendan M. Foley, reports changes in beneficial ownership of company stock and phantom stock as of March 25, 2025.

Summary

  • Brendan M. Foley, Chairman, President, and CEO of McCormick & Co., filed a Form 4 to report changes in his beneficial ownership of the company's securities.
  • The reported transactions include the acquisition of phantom stock and the holdings of common stock.
  • As of March 25, 2025, Foley directly owns 108,652.016 shares of voting common stock and 1,145.451 shares of non-voting common stock.
  • He also indirectly owns 11,474.457 derivative securities through a Non-Qualified Retirement Savings Plan.

Sentiment

Score: 5

Explanation: This is a routine filing related to changes in beneficial ownership, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.

Stakeholder Impact

  • Shareholders are informed about the transactions of company insiders, promoting transparency.

Key Dates

DateDescription
03/25/2025Date of earliest transaction and acquisition of phantom stock.
03/27/2025Date of signature by Attorney-in-Fact, Jason E. Wynn.

Keywords

Form 4, Beneficial Ownership, McCormick & Co, MKC, Brendan Foley, Phantom Stock, Common Stock, Securities, Non-Qualified Retirement Savings Plan

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.