Foley Brendan M 4

What Happened

• Brendan M. Foley, Chairman, President & CEO of McCormick & Co. Inc. (MKC), was granted 20,198 shares on January 19, 2026. The Form 4 reports this transaction as an award/acquisition (code A) with an acquisition price of $0.00 (i.e., awarded shares under a compensation plan).

Key Details

• Transaction date: 2026-01-19; Form 4 filed: 2026-01-21 (filed timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 20,198 shares; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Shares awarded under McCormick’s Long-Term Incentive Program (LTIP) for the three-year performance cycle Dec 1, 2022 – Nov 30, 2025.
  • F2: Reporting person’s direct holdings were adjusted downward by 64 voting shares and 2 non-voting shares due to a prior administrative double-counting of dividend reinvestments.
  • F3: Some awards are “phantom stock” rights that are payable in one share of Common Stock — Voting per the Non‑Qualified Retirement Savings Plan.

Context

• This was an LTIP compensation award, not an open-market purchase or sale; such awards are routine executive compensation rather than direct market sentiment signals.
• The filing does not indicate any immediate sale or cashless exercise related to these shares; the award is recorded as an acquisition under the company’s incentive plan.