Form 4: McCormick & Co. Executive Vice President Reports Stock Transaction

Michael R. Smith, an Executive Vice President at McCormick & Co., reports the disposition of shares to cover tax obligations related to a long-term incentive plan.

Summary

• On February 18, 2025, Michael R. Smith, an Executive Vice President of McCormick & Co., reported a transaction involving the company's stock.
• The transaction involved the disposition of 9,964 shares of common stock at a price of $76.96 per share.
• These shares were withheld for taxes related to shares previously reported on January 29, 2025, under McCormick's Long-Term Incentive Plan.
• Following the transaction, Smith directly owns 120,498.336 shares of common stock with voting rights and 232.748 shares of common stock with no voting rights.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.

Key Dates

Keywords

Form 4, McCormick & Co, MKC, Michael R. Smith, Executive Vice President, Stock Transaction, Beneficial Ownership, Long-Term Incentive Plan, Tax Withholding