MKC.NYSEMccormick & CO INC

Form 4: McCormick & Co. Executive Sarah Piper Reports Stock Transactions

Sentiment:

SEC Form 4

📋All filings for Mccormick & CO INC
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Chief Human Relations Officer Sarah Piper reports acquisition and disposal of McCormick & Co. stock and restricted stock units on March 15, 2024.

Summary

  • On March 15, 2024, Sarah Piper, Chief Human Relations Officer of McCormick & Co., engaged in transactions involving the company's common stock and restricted stock units.
  • Piper acquired 155 shares of common stock and disposed of 52 shares for tax purposes at a price of $68.275.
  • She also acquired 212 shares of common stock and disposed of 71 shares for tax purposes at a price of $68.275.
  • These transactions resulted in Piper directly owning 2,106.191 shares of McCormick & Co. common stock.
  • Piper also indirectly owns 1,940.04 shares of phantom stock through a Non-Qualified Retirement Plan.
  • The transactions also involved the vesting of restricted stock units granted in 2021 and 2022.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related stock disposals.
  • The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
03/31/2021Restricted Stock Units granted.
03/15/2022First vesting date for Restricted Stock Units granted on March 31, 2021.
03/30/2022Restricted Stock Units granted.
03/15/2023Second vesting date for Restricted Stock Units granted on March 31, 2021 and first vesting date for Restricted Stock Units granted on March 30, 2022.
03/15/2024Transactions reported: Acquisition and disposal of common stock and vesting of restricted stock units. Third vesting date for Restricted Stock Units granted on March 31, 2021 and second vesting date for Restricted Stock Units granted on March 30, 2022.
03/15/2025Third vesting date for Restricted Stock Units granted on March 30, 2022.
03/19/2024Date of Form 4 signature.

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