|4Feb 9, 3:57 PM ET

Conway Michael Aaron 4

Research Summary

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McCormick (MKC) Director Michael Conway Receives RSU Award

What Happened

  • Michael Aaron Conway, a director of McCormick & Co., was granted 2,598 restricted stock units (RSUs) on February 6, 2026. The award was reported as a derivative acquisition at $0.00 per unit (no cash paid by the insider at grant). The RSUs represent the right to receive one share of McCormick common stock per unit when settled.

Key Details

  • Transaction date and price: 2/6/2026; 2,598 RSUs @ $0.00 (derivative award; transaction code A).
  • Vesting/settlement: RSUs vest in full on 2/15/2027 and will be settled in an equal number of common shares (Footnotes F1 and F2).
  • Shares owned after transaction: Not specified in this Form 4 filing.
  • Filing date/timeliness: Form 4 filed 2/9/2026 (three days after the grant); filing shows no indication of lateness.
  • Notes: F1 confirms each RSU converts to one share; F2 specifies full vesting and settlement date.

Context

  • RSU grants to directors are a common form of compensation and are not an immediate purchase or sale of stock. Because these are time‑vesting awards with settlement at a future date, they do not necessarily signal buying or selling intent by the insider. The eventual value to the insider will depend on McCormick’s share price at settlement on or after the vesting date (2/15/2027).