Schwartz Jeffery D 4

What Happened

• Jeffery D. Schwartz, Vice President and General Counsel of McCormick & Co. (MKC), was granted 14,952 restricted stock units (RSUs) on February 6, 2026. The Form 4 lists this as an award/acquisition (derivative) at $0.00 per unit — this reflects a compensation grant, not a cash purchase or sale.
• The RSUs represent a contingent right to receive one share of common stock per unit when vested. There was no immediate cash exchanged and no sale of shares tied to this action.

Key Details

• Transaction date: 2026-02-06; Filing date (SEC accession): 2026-02-09 (filed within the typical Form 4 window).
• Award: 14,952 Restricted Stock Units (RSUs) granted at $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — each RSU equals the right to one share of common stock. F2 — RSUs vest in three equal installments on March 15, 2027; March 15, 2028; and March 15, 2029.
• Transaction code: A (award/grant).

Context

• RSU grants are a form of compensation and do not necessarily signal a personal market bet by the insider—shares are typically delivered only as units vest. For retail investors, awards matter because they align executive pay with shareholder value over time, but they differ from open-market purchases that may indicate personal conviction.