Form 4: McCormick & Co. Executive Sarah Piper Reports Stock Transaction
SEC Form 4 Filing
Chief Human Relations Officer Sarah Piper reports a transaction involving McCormick & Co. common stock related to tax withholding.
Summary
- On February 18, 2025, Sarah Piper, Chief Human Relations Officer of McCormick & Co., reported a transaction involving the company's common stock.
- 481 shares were disposed of to cover taxes related to shares previously reported on January 29, 2025, under McCormick's Long-Term Incentive Plan.
- The transaction price was $76.96 per share.
- Following the transaction, Piper directly owns 3,118.98 shares of McCormick & Co. common stock.
- Piper also indirectly owns 2,634.797 shares of phantom stock through a Non-Qualified Retirement Savings Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. 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 tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of previously reported shares under McCormick's Long-Term Incentive Plan. |
| 02/18/2025 | Date of the reported stock transaction (tax withholding). |
| 02/19/2025 | Date of signature by Attorney-in-fact Jason E. Wynn. |
Keywords
Form 4, insider trading, stock transaction, Sarah Piper, McCormick & Co, MKC, Chief Human Relations Officer, Non-Qualified Retirement Savings Plan, phantom stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.