Dierker Richard A 4
Research Summary
AI-generated summary
McCormick (MKC) Director Richard A. Dierker Receives 406 Shares
What Happened
Richard A. Dierker, a director of McCormick & Co., received an award of 406 common shares on February 1, 2026. The shares were reported at $61.67 each, for a total grant value of approximately $25,038. This was an equity award/grant (Form 4 transaction code "A"), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-01
- Type: Award / Grant (code A) — 406 shares acquired
- Price per share reported: $61.67; total value ≈ $25,038
- Filing date: 2026-02-03 (filed promptly after the transaction)
- Shares owned after transaction: Not specified in the provided filing details
- No 10b5-1 plan, tax-withholding, or cashless exercise noted in the provided data
Context
Equity awards to directors are typically part of regular compensation and do not necessarily indicate a personal market view. Because this was a grant (not a purchase or sale), it’s best viewed as compensation rather than a direct bullish trading signal.