Form 4: McCormick Executive Awarded 4,209 Shares

McCormick & Co. President, Americas, Andrew Foust, was awarded 4,209 shares of common stock under the company's Long-Term Incentive Program.

Summary

• Andrew Foust, President, Americas of McCormick & Co. Inc. (MKC), was awarded 4,209 shares of voting common stock.
• The shares were acquired on January 19, 2026, with a transaction price of $0, indicating an award rather than a purchase.
• This award is part of McCormick's Long-Term Incentive Program (LTIP) for the three-year performance cycle that commenced on December 1, 2022, and concluded on November 30, 2025.
• Following this transaction, Andrew Foust directly beneficially owns 12,993.55 shares of voting common stock and 332.06 shares of non-voting common stock.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 7

Explanation: The award of shares to a key executive is generally a positive sign, aligning management incentives with shareholder interests. It reflects the execution of a pre-existing long-term incentive plan, indicating stability in executive compensation strategy.

Positives

• The award of 4,209 shares to a key executive, Andrew Foust, aligns management's long-term interests with shareholder value.
• The shares were granted under a Long-Term Incentive Program, signifying performance-based compensation tied to a multi-year cycle.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with long-term company performance and value creation.
• Employees: Reflects the company's established long-term incentive programs for key personnel, which can contribute to retention and motivation.

Key Dates

Keywords

McCormick & Co, MKC, Andrew Foust, Insider Transaction, Form 4, Stock Award, Long-Term Incentive Program, Executive Compensation, Equity Grant