Form 4: McCormick & Co. Executive Ana Sanchez Reports Stock Transactions
SEC Form 4
Ana Sanchez, President EMEA of McCormick & Co., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On March 14 and 15, 2025, Ana Sanchez, President EMEA of McCormick & Co., engaged in transactions involving common stock and restricted stock units.
- On March 15, 2025, 222 Restricted Stock Units vested and were converted to common stock, and 426 Restricted Stock Units vested and were converted to common stock.
- Also on March 15, 2025, 222 shares of common stock were acquired and 426 shares of common stock were acquired.
- On March 14, 2025, 105 shares of common stock were disposed of to cover tax obligations at a price of $80.18 per share, and 201 shares of common stock were disposed of to cover tax obligations at a price of $80.18 per share.
- Following these transactions, Sanchez directly owns 5,240.463 shares of McCormick & Co. common stock and 427 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; it doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/30/2022 | Restricted Stock Units granted. |
| 03/15/2023 | First vesting date for Restricted Stock Units granted on March 30, 2022. |
| 03/29/2023 | Restricted Stock Units granted. |
| 03/15/2024 | Second vesting date for Restricted Stock Units granted on March 30, 2022 and first vesting date for Restricted Stock Units granted on March 29, 2023. |
| 03/14/2025 | Disposition of shares for tax obligations. |
| 03/15/2025 | Vesting of Restricted Stock Units and acquisition of common stock. |
| 03/15/2025 | Third vesting date for Restricted Stock Units granted on March 30, 2022 and second vesting date for Restricted Stock Units granted on March 29, 2023. |
| 03/15/2026 | Third vesting date for Restricted Stock Units granted on March 29, 2023. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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