Form 4: McCormick & Co. Director Anthony Vernon Reports Stock Transaction
SEC Form 4 Filing
Director Anthony Vernon reported a transaction involving McCormick & Co. common stock and restricted stock units on March 15, 2024.
Summary
- On March 15, 2024, Anthony Vernon, a director of McCormick & Co., reported a transaction.
- The transaction involved the disposition of 1,255 shares of common stock.
- Following the transaction, Vernon directly owns 10,482 shares of McCormick & Co. common stock.
- The transaction also involved restricted stock units, entitling Vernon to an annual distribution of common stock equal to 100% of the grant.
- The restricted stock units were granted on March 29, 2023.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting a transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions can be related to stock options, grants or sales for personal financial management.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/29/2023 | Restricted Stock Units granted |
| 03/15/2024 | Date of transaction (stock disposition and restricted stock units) |
| 03/19/2024 | Date of signature on the Form 4 filing |
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