MKC.NYSEMccormick & CO INC

Form 4: McCormick & Co. Executive Andrew Foust Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Andrew Foust, President, Americas at McCormick & Co., reports the vesting and disposal of restricted stock units and related stock transactions.

Summary

  • On March 14 and 15, 2025, Andrew Foust, President, Americas at McCormick & Co., engaged in transactions involving McCormick's common stock.
  • These transactions included the vesting of restricted stock units (RSUs) and the subsequent disposal of shares to cover tax obligations.
  • Specifically, on March 15, 2025, 398 and 533 Restricted Stock Units vested and were converted to common stock.
  • On March 14, 2025, 133 and 178 shares of common stock were disposed of at a price of $80.18.
  • Following these transactions, Foust directly owns 8,679.885 shares of common stock and 533 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and stock ownership, common for publicly traded companies.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they relate to executive compensation and stock ownership.

Key Dates

DateDescription
03/30/2022Restricted Stock Units granted.
03/15/2023First vesting date for Restricted Stock Units granted on March 30, 2022.
03/29/2023Restricted Stock Units granted.
03/15/2024Second vesting date for Restricted Stock Units granted on March 30, 2022 and first vesting date for Restricted Stock Units granted on March 29, 2023.
03/14/2025Disposal of common stock at $80.18.
03/15/2025Vesting of Restricted Stock Units and conversion to common stock; final vesting date for Restricted Stock Units granted on March 30, 2022 and second vesting date for Restricted Stock Units granted on March 29, 2023.
03/15/2026Final vesting date for Restricted Stock Units granted on March 29, 2023.
03/18/2025Date of signature for the Form 4 filing.

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