Form 4: McCormick & Co. Executive Sarah Piper Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Chief Human Relations Officer Sarah Piper reports acquiring phantom stock convertible to common stock in a recent transaction.
Summary
- Sarah Piper, Chief Human Relations Officer at McCormick & Co. Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the acquisition of 29.313 shares of phantom stock on October 7, 2024, which are convertible to Common Stock Voting.
- Following the transaction, Piper directly owns 2,130.094 shares of Common Stock Voting.
- Piper also indirectly owns 2,425.053 derivative securities through the Non Qualified Retirement Savings Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's securities, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of the transaction involving phantom stock acquisition. |
| 10/09/2024 | Date of signature for the Form 4 filing. |
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