Form 4: McCormick & Co. Executive VP & CFO Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Executive VP & CFO of McCormick & Co., Marcos Mendes Gabriel, disposed of 676 shares of common stock to cover tax obligations related to the company's Long-Term Incentive Plan.
Summary
- On February 18, 2025, Marcos Mendes Gabriel, Executive VP & CFO of McCormick & Co., disposed of 676 shares of common stock.
- The transaction was executed to cover tax obligations related to shares previously reported on January 29, 2025, under McCormick's Long-Term Incentive Plan.
- The shares were disposed of at a price of $76.96 per share.
- Following the transaction, Gabriel directly owns 8,719 shares of McCormick & Co. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of previously reported shares under McCormick's Long-Term Incentive Plan. |
| 02/18/2025 | Date of stock disposal for tax obligations. |
| 02/19/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, MCCORMICK & CO INC, MKC, Marcos Mendes Gabriel, Executive VP & CFO, Stock Disposal, Tax Obligations, Long-Term Incentive Plan
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