Form 4: McCormick & Co. Executive Repas Gregory Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Gregory Repas, V.P. & Controller at McCormick & Co., reports the disposal of 539 shares of common stock to cover tax obligations related to the company's Long-Term Incentive Plan.

Summary

  • On February 18, 2025, Gregory Repas, V.P. & Controller of McCormick & Co., reported a transaction involving the company's common stock.
  • Repas disposed of 539 shares of common stock at a price of $76.96 per share.
  • This transaction was to cover taxes on shares previously reported on February 14, 2025, related to McCormick's Long-Term Incentive Plan.
  • Following the transaction, Repas directly owns 4,525 shares of McCormick & Co. common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

DateDescription
02/14/2025Date of shares previously reported for McCormick's Long-Term Incentive Plan.
02/18/2025Date of transaction: disposal of 539 shares of common stock.
02/19/2025Date of signature by Attorney-in-Fact, Jason E. Wynn.

Keywords

Form 4, insider trading, stock transaction, Gregory Repas, MCCORMICK & CO INC, MKC, Long-Term Incentive Plan, tax obligations, common stock

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