VERNON W ANTHONY 4

What Happened

• Vernon W. Anthony, a director of McCormick & Co. (MKC), had 2,222 restricted stock units (RSUs) converted into 2,222 common shares on Feb 15, 2026 (reported as exercise/conversion, code M). The filing also shows 2,222 shares disposed the same day (reported as a derivative disposition), resulting in no net increase in shares reported in the transaction lines. No purchase price or aggregate value is reported for these shares because the units are RSUs (no purchase price required).

Key Details

• Transaction date: 2026-02-15; Form 4 filed: 2026-02-18 (filed three days after the transaction; appears one business day after the typical two-business-day Form 4 deadline).
• Actions: Exercise/conversion of derivative (M) — 2,222 shares acquired; 2,222 shares disposed (derivative).
• Price/value: N/A — RSUs have no purchase price; filing shows no dollar amounts.
• Footnotes: F1 = Restricted Stock Units; no purchase price required. F2 = These RSUs entitle the reporting person to receive an annual distribution of common stock equal to 100% of the grant. F3 = The RSUs were granted Feb 7, 2025.
• Shares owned after transaction: Not specified in the excerpt of the filing provided.

Context

• This pattern (conversion of RSUs with an equal-number disposal) is commonly how RSU vesting/settlement is reported when shares are issued and a portion is immediately withheld or transferred to satisfy tax or other withholding obligations; the filing labels the disposition as a derivative. These transactions are typically routine compensation/settlement events rather than open-market buying or selling for investment purposes.