Piper Sarah 4

What Happened
Sarah Piper, Chief Human Relations Officer at McCormick & Co. (MKC), received an award of 8,656 derivative units on February 6, 2026. The filing reports these as phantom stock/restricted stock units with a reported acquisition price of $0.00 (an award/grant rather than a purchase). These units are a contingent right to receive common shares under the company's Non‑Qualified Retirement Savings Plan.

Key Details

• Transaction date: February 6, 2026; Form 4 filed February 9, 2026 (filing appears timely).
• Security: Phantom stock / restricted stock unit (derivative award) — 8,656 units; reported price $0.00 (award).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes from the filing:
  • Each phantom stock unit represents the right to receive one voting common share and is payable in shares under the Non‑Qualified Retirement Savings Plan.
  • The restricted stock units are contingent rights to receive one common share each.
  • Vesting schedule: units vest in thirds on March 15, 2027; March 15, 2028; and March 15, 2029.
• Transaction type code: A (award/grant/other acquisition).

Context
This was an equity award (not an open‑market buy or sale). Awards are common for executive compensation and do not by themselves indicate a buy/sell signal. For derivative awards like phantom stock/R SUs, value is realized only when shares are delivered (subject to vesting and plan terms).