Form 4: McCormick & Co. Director Jacques Tapiero Reports Stock Transactions

Sentiment:

SEC Form 4


Director Jacques Tapiero reports exercising options and selling shares of McCormick & Co. stock on November 11, 2024.

Summary

  • On November 11, 2024, Jacques Tapiero, a director of McCormick & Co. (MKC), engaged in transactions involving the company's stock.
  • Tapiero exercised options to acquire 5,000 shares of Common Stock Voting at a price of $38.145 per share.
  • Simultaneously, Tapiero sold 5,000 shares of Common Stock Voting at a price of $77.3405 per share.
  • Following these transactions, Tapiero directly owns 28,217.326 shares of Common Stock Voting and 2,620 shares of Common Stock Non Voting.
  • Tapiero also indirectly owns 2,866.946 shares of Common Stock Voting through a Non-Qualified Retirement Savings Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of insider transactions. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
03/25/2016Date options were exercisable
03/24/2025Expiration date of options
11/11/2024Date of stock option exercise and stock sale
11/12/2024Date of signature on the Form 4 filing

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