Hattersley Gavin 4
4 · MCCORMICK & CO INC · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
McCormick (MKC) Director Gavin Hattersley Receives RSU Award
What Happened
Gavin Hattersley, a member of McCormick & Co. Inc.'s board (Director), received an award of 2,598 restricted stock units (RSUs) on February 6, 2026. The grant was reported as an award/derivative (code A) at a $0.00 acquisition price — RSUs are a contingent right to receive shares rather than an open‑market purchase or sale. No cash changed hands at grant.
Key Details
- Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-09). Filing was within the normal reporting window.
- Award: 2,598 Restricted Stock Units (derivative award) at $0.00.
- Vesting/settlement: RSUs vest in full on 2027-02-15 and will be settled in an equal number of McCormick common shares (per footnotes).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU represents a contingent right to one share; F2 — full vest and settlement date 2/15/2027.
- Transaction type: Award (compensation), not a market purchase (code A).
Context
RSU grants are a common form of director compensation and do not reflect an immediate purchase or sale of stock. Because these units convert to shares only at vesting/settlement, they do not immediately change share ownership or indicate near‑term market sentiment. Retail investors often view outright purchases as a stronger signal than compensation awards.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-06+2,598→ 2,598 total→ Common Stock - Voting (2,598 underlying)
- 406
Common Stock - Voting
- 906
Common Stock - Non Voting
Footnotes (2)
- [F1]The Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
- [F2]The Restricted Stock Units vest in full on 2/15/2027 and are settled in an equal number of shares of McCormick stock.