RODKIN GARY M 4
Research Summary
AI-generated summary
McCormick (MKC) Director Gary Rodkin Receives RSU Award
What Happened
Gary M. Rodkin, a director of McCormick & Co. (MKC), was granted 2,598 restricted stock units (RSUs) on February 6, 2026. The award is reported at $0.00 (derivative grant) and represents a contingent right to receive one share of McCormick common stock per RSU when settled.
Key Details
- Transaction date: 2026-02-06; Form 4 filed 2026-02-09 (filing appears timely).
- Grant: 2,598 RSUs; reported acquisition price $0.00 (derivative award).
- 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 the filing.
- Transaction type: Award/Grant (code A); this is compensation-related, not an open-market purchase or sale.
Context
RSUs are a common form of executive/director compensation that convert into shares upon vesting; they do not involve an immediate cash purchase or sale. This grant increases the number of potential outstanding shares if and when the RSUs vest and are settled, but it does not by itself indicate the insider’s view of the stock.