THOMAS TERRY S 4
Research Summary
AI-generated summary
McCormick (MKC) Director Terry S. Thomas Buys 2.84 Shares
What Happened
- Terry S. Thomas, a director of McCormick & Co. (MKC), acquired 2.84 shares on January 13, 2026. The shares were purchased at $67.16 each for a total of about $191.
- The acquisition is recorded as an "other acquisition or disposition" (code J) and, per the filing footnote, resulted from dividend reinvestment — a routine way insiders receive additional shares.
Key Details
- Transaction date and price: 2026-01-13 at $67.16 per share.
- Shares acquired: 2.84 (total value ≈ $191).
- Transaction code: J (other acquisition/disposition); footnote F1: Dividend reinvestment.
- Form filed: 2026-02-04 for the 2026-01-13 transaction — more than two business days after the transaction, so the Form 4 appears to have been filed late.
- Shares owned after transaction: Not specified in the provided filing details.
Context
- Dividend reinvestments are common and typically reflect automatic reinvestment of cash dividends into additional shares; they are routine and don’t necessarily signal a change in the insider’s view of the company.
- The purchase amount is small (only ~$191), so while it is a purchase (which is generally more informative than a sale), it is not material in size.