Dierker Richard A 4
Research Summary
AI-generated summary
McCormick (MKC) Director Richard A. Dierker Receives RSU Award
What Happened
- Richard A. Dierker, a director of McCormick & Co., received a grant of 2,598 restricted stock units (RSUs) on 2026-02-06. The Form 4 reports the transaction as an award (code A) at $0.00 per unit (typical for RSU grants on Form 4). This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-06 (Form filed 2026-02-09)
- Grant: 2,598 RSUs, reported at $0.00 per unit on the Form 4
- Vesting/settlement: RSUs vest in full on 2027-02-15 and are settled in an equal number of McCormick shares (Footnotes F1–F2)
- Shares owned after transaction: Not specified in this filing
- Filing timeliness: No late filing flag indicated on the report
Context
- RSUs are a deferred equity award that convert to shares when they vest; they represent compensation rather than an immediate purchase or market sentiment signal. Director RSU grants are a routine part of board compensation and will only translate to ownership if and when the units vest and are settled.