Gabriel Marcos Mendes 4

What Happened
Gabriel Marcos Mendes, Executive Vice President & Chief Financial Officer of McCormick & Co. (MKC), received an award of 1,894 shares on January 19, 2026. The Form 4 reports the shares as acquired at $0.00 (award/grant), so no cash purchase was required. This grant is part of McCormick’s long-term incentive compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-19 (reported on Form 4 filed 2026-01-21).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 1,894; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Award granted pursuant to McCormick’s Long-Term Incentive Program (LTIP) for the three-year performance cycle from Dec 1, 2022 to Nov 30, 2025.
• Filing timeliness: Form 4 was filed two days after the transaction date (appears timely).

Context
LTIP awards are performance-based compensation tied to multi-year goals and are routine for executives; they represent compensation vesting rather than a direct signal of buying or selling by the insider. Because the filing lists an award (not a market purchase), it does not indicate an immediate cash commitment or sale of stock.