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 McCormick & Co. through a non-qualified retirement plan.
Summary
- On March 12, 2024, Sarah Piper, Chief Human Relations Officer of McCormick & Co. Inc., reported acquiring 29.141 shares of phantom stock.
- These shares are convertible to Common Stock Voting.
- The phantom stock was acquired through a non-qualified retirement plan.
- Following the transaction, Piper directly owns 1,862.191 shares of Common Stock Voting.
- Piper indirectly owns 1,940.04 shares of phantom stock through the Non Qualified Retirement Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves internal compensation mechanisms.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Sarah Piper acquired phantom stock. |
| 03/14/2024 | Date of report signature. |
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