MCCORMICK & CO INC·4

Jan 21, 2:28 PM ET

Schwartz Jeffery D 4

Research Summary

AI-generated summary

Updated

McCormick (MKC) VP & General Counsel Jeffery D. Schwartz Receives Award

What Happened
Jeffery D. Schwartz, Vice President and General Counsel of McCormick & Co. (MKC), was granted 14,307 shares on January 19, 2026 as an award (transaction code A). The reported acquisition price is $0.00, reflecting that these shares were issued as a compensation award rather than a cash purchase (total cash paid = $0).

Key Details

  • Transaction date: 2026-01-19 (Form 4 filed 2026-01-21).
  • Transaction type and amount: Grant/award of 14,307 shares at $0.00 (code A).
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Footnote: Shares were awarded pursuant to McCormick’s Long‑Term Incentive Program (LTIP) for the three‑year performance cycle beginning Dec 1, 2022 and ending Nov 30, 2025 (see footnote F1).
  • Timeliness: Filing appears timely (filed two days after the transaction); no late-filing indicator shown.

Context
This was a compensation award tied to a completed LTIP performance cycle, not an open-market purchase or sale. Such awards reflect company compensation decisions based on performance metrics and do not directly signal insider buying or selling intent.