Form 4: McCormick & Co. Executive Reports Stock Transactions

Brendan M. Foley, Chairman, President & CEO of McCormick & Co. Inc., reported transactions involving phantom stock and common stock.

Summary

• Brendan M. Foley, Chairman, President & CEO of McCormick & Co. Inc. (MKC), has reported a transaction on April 21, 2026.
• The transaction involved the acquisition of phantom stock, which represents the right to receive one share of Common Stock - Voting.
• This phantom stock is part of the Non-Qualified Retirement Savings Plan and is payable in shares of Common Stock - Voting.
• Following the transaction, Foley beneficially owns 13,779.888 shares of Common Stock - Voting indirectly through the phantom stock plan.
• Additionally, Foley directly holds 130,056.016 shares of Common Stock - Voting and 1,383.46 shares of Common Stock - Non Voting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions related to executive compensation plans rather than new strategic initiatives or significant changes in beneficial ownership.

Positives

• The reporting person, a key executive, continues to hold a significant number of direct shares in the company.
• The transaction indicates continued participation in the company's long-term incentive plans through phantom stock.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors, providing transparency on insider stock transactions. These filings are crucial for investors to understand insider activity, which can sometimes signal confidence or concerns about a company's prospects.

Stakeholder Impact

• Shareholders: Gain insight into executive stock holdings and transactions, which can inform investment decisions.
• Employees: The phantom stock plan is part of executive compensation, reflecting the company's approach to incentivizing leadership.

Key Dates

Keywords

McCormick & Co., MKC, Form 4, Insider Trading, Stock Transaction, Phantom Stock, Executive Compensation, Beneficial Ownership