Sheppard Valarie L 4

What Happened
Valarie L. Sheppard, a director of McCormick & Co., was granted 2,598 restricted stock units (RSUs) on February 6, 2026. The grant is reported as a derivative award (transaction code A) at $0.00 per unit; no cash was paid at grant. Each RSU represents a contingent right to receive one share of McCormick common stock when settled.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-09.
• Grant: 2,598 RSUs; reported price: $0.00 (derivative award).
• Vesting/settlement: RSUs vest in full and will be settled in an equal number of shares on 2027-02-15 (per footnotes).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing note: The Form 4 covers the Feb 6 grant and was filed on Feb 9, 2026 (no late-filing indication provided here).

Context
RSU grants to directors are a common form of equity compensation and do not involve an immediate purchase or sale of shares. Because these RSUs are contingent rights that vest later and will convert to shares on vesting, they do not represent an immediate market buy signal.