RODKIN GARY M 4

What Happened

• Gary M. Rodkin, a director of McCormick & Co. (MKC), exercised/converted 2,222 derivative units on February 15, 2026, resulting in the acquisition of 2,222 shares and a reported disposition of 2,222 shares. No purchase price or total dollar value is reported in the filing.

Key Details

• Transaction date: 2026-02-15 (reported on Form 4 filed 2026-02-18).
• Transaction code: M (exercise or conversion of a derivative security).
• Shares acquired: 2,222; Shares disposed: 2,222.
• Price: N/A — filing lists no purchase price or cash value.
• Shares owned after transaction: Not disclosed in the provided data.
• Footnotes: F1 = Restricted Stock Units (no purchase price required); F2 = RSUs entitle the holder to an annual distribution of common stock equal to 100% of the grant; F3 = RSUs were granted on February 7, 2025.
• Filing timeliness: Reported within a few days (filed 2026-02-18 for a 2026-02-15 transaction).

Context

• Code M indicates an exercise or conversion of a derivative — here, RSUs were converted into common stock. The filing also reports an equal number of shares disposed; the Form 4 does not specify the reason for the disposition (e.g., tax withholding or sale). This type of transaction typically reflects routine compensation vesting/distribution rather than a discretionary market buy or sell.