MCCORMICK & CO INC·4

Feb 9, 3:53 PM ET

Hattersley Gavin 4

Research Summary

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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.