Foley Brendan M 4

What Happened Brendan M. Foley, Chairman, President & CEO of McCormick & Co. (MKC), was granted 38.377 shares of phantom stock on 2026-03-10. The filing values the award at $63.39 per share, for a total reported value of $2,433. This transaction is an award/grant (derivative); it is not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-03-10 — Grant/Award (derivative phantom stock).
• Price/value: $63.39 per share; total value reported $2,433.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Each phantom share represents the right to receive one share of Common Stock — Voting and is payable in shares under the Non‑Qualified Retirement Savings Plan (see F1).
• Filing timeliness: Form 4 filed 2026-03-12 covering the 2026-03-10 transaction — appears filed within the typical two-business-day window.

Context This was a compensation award of phantom stock, which are derivative units that the company will pay out in actual McCormick common shares per plan rules. Awards like this are routine executive compensation and do not reflect an open-market purchase or sale by the insider.