Form 4: McCormick & Co. President & CEO, Brendan M. Foley, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Brendan M. Foley, President & CEO of McCormick & Co., filed a Form 4 detailing changes in his beneficial ownership of company stock and derivative securities.
Summary
- On August 12, 2024, Brendan M. Foley, President & CEO of McCormick & Co., reported changes in his beneficial ownership of the company's securities.
- The filing includes transactions related to phantom stock acquired under the Non-Qualified Retirement Savings Plan.
- Following the reported transactions, Foley directly owns 99,222.133 shares of Common Stock Voting and 1,140.63 shares of Common Stock Non Voting.
- He also indirectly owns 9,448.529 derivative securities (Phantom Stock) through the Non Qualified Retirement Savings Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders and their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings and transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of the reported transaction involving phantom stock. |
| 08/13/2024 | Date of signature by Attorney-in-Fact, Jason E. Wynn. |
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