Form 4: McCormick & Co. Director Tapiero Reports Stock Transactions
SEC Form 4 Filing
Director Jacques Tapiero reports acquisition and disposal of McCormick & Co. stock and derivative securities.
Summary
- On March 15, 2025, Director Jacques Tapiero engaged in transactions involving McCormick & Co. stock.
- These transactions included the acquisition of 1,344 shares of common stock voting at $0, and disposal of 2,620 shares of common stock non voting.
- Following these transactions, Tapiero directly owns 30,446.299 shares of common stock voting.
- Tapiero also transacted in derivative securities, including restricted stock units and phantom stock units.
- The reported restricted stock units entitle the reporting person to receive an annual distribution of common stock equal to 100% of the grant.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of grant for Restricted Stock Units |
| 02/23/2025 | 706.94 phantom stock units were settled for an equal number of McCormick Common Stock Voting |
| 03/15/2025 | Date of reported transactions (acquisition and disposal of stock and derivative securities) |
| 03/18/2025 | Date of signature for the report |
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