Form 4: McCormick & Co. President & CEO, Brendan M. Foley, Reports Changes in Beneficial Ownership
SEC Filing
Brendan M. Foley, President & CEO of McCormick & Co., filed a Form 4 reporting changes in beneficial ownership of company stock.
Summary
- On July 5, 2024, Brendan M. Foley, President & CEO of McCormick & Co., filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of McCormick & Co. stock.
- Foley directly owns 99,175.859 shares of Common Stock Voting and 1,138.279 shares of Common Stock Non Voting.
- He also indirectly owns 9,302.343 derivative securities (Phantom Stock) through a Non-Qualified Retirement Savings Plan.
- On July 2, 2024, Foley acquired 33.128 shares of Phantom Stock at a price of $70.24 each.
Sentiment
Score: 5
Explanation: This 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 transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of company executives.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Transaction date: Acquisition of 33.128 shares of Phantom Stock. |
| 07/05/2024 | Date of Form 4 filing. |
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