Form 4: McCormick & Co. Executive Repas Gregory Reports Stock Transaction
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
| Date | Description |
|---|---|
| 02/14/2025 | Date of shares previously reported for McCormick's Long-Term Incentive Plan. |
| 02/18/2025 | Date of transaction: disposal of 539 shares of common stock. |
| 02/19/2025 | Date 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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