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

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

Summary

• Brendan M. Foley, Chairman, President, and CEO of McCormick & Co., filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of McCormick & Co. securities.
• As of the report, Foley directly owns 108,652.016 shares of Common Stock Voting and 1,145.451 shares of Common Stock Non Voting.
• He also indirectly owns 11,507.367 shares of phantom stock through a Non-Qualified Retirement Savings Plan.
• On April 7, 2025, Foley acquired 32.91 shares of phantom stock at a price of $73.92.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard reporting of insider transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their holdings and transactions in the company's stock. It's a standard practice for executives to hold and trade company stock, and these filings ensure fair market practices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key executive.

Key Dates

Keywords

Form 4, beneficial ownership, McCormick & Co, MKC, Brendan Foley, phantom stock, SEC filing