Form 4: McCormick & Co. Director Anthony Vernon Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Filing Form 4


Director Anthony Vernon reports acquisition of 2,222 restricted stock units in McCormick & Co., vesting on February 15, 2026.

Summary

  • Anthony Vernon, a director of McCormick & Co. Inc., filed a Form 4 with the SEC.
  • The report indicates that Mr. Vernon acquired 2,222 Restricted Stock Units on February 7, 2025.
  • These Restricted Stock Units represent a contingent right to receive one share of McCormick & Co. common stock each.
  • The units vest in full on February 15, 2026, and will be settled in an equal number of shares of McCormick stock.
  • Following the reported transaction, Mr. Vernon directly owns 10,482 shares of McCormick & Co. common stock and 2,222 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any specific positive or negative sentiment about the company's performance or prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of stock-based compensation, which is a common practice in executive compensation packages.

Stakeholder Impact

  • The acquisition of restricted stock units by a director aligns the director's interests with those of the shareholders, as the value of the units is tied to the company's stock performance.

Key Dates

DateDescription
02/07/2025Date of transaction: Acquisition of Restricted Stock Units
02/14/2025Date of Form 4 filing
02/15/2026Vesting date of the Restricted Stock Units

Keywords

Form 4, McCormick & Co, Director, Restricted Stock Units, Beneficial Ownership, MKC, Anthony Vernon

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