Form 4: McCormick & Co. Officer Reports Acquisition of Phantom Stock

Sarah Piper, Chief Human Relations Officer at McCormick & Co., reports acquiring phantom stock units convertible to common stock through a non-qualified retirement savings plan.

Summary

• On April 22, 2025, Sarah Piper, Chief Human Relations Officer of McCormick & Co., reported a transaction involving phantom stock.
• Piper acquired 32.119 units of phantom stock, each representing the right to receive one share of McCormick's Common Stock Voting.
• The phantom stock was acquired through the Non-Qualified Retirement Savings Plan.
• Following the transaction, Piper directly owns 3,259.98 shares of Common Stock Voting.
• Piper also indirectly owns 3,295.161 derivative securities through the Non Qualified Retirement Savings Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves internal compensation mechanisms.

Key Dates

Keywords

Form 4, insider trading, phantom stock, McCormick & Co, MKC, Sarah Piper, Non-Qualified Retirement Savings Plan, Chief Human Relations Officer