Foley Brendan M 4

What Happened

• Brendan M. Foley, Chairman, President & CEO of McCormick & Co. (MKC), was granted 47.681 shares of phantom stock on April 7, 2026. The reported grant price was $51.02 per share, for a total reported value of about $2,433. The Form 4 classifies this as an award/acquisition (transaction code A) and a derivative grant.

Key Details

• Transaction date: 2026-04-07; Report filed: 2026-04-09 (filed timely under Form 4 rules).
• Price per share recorded: $51.02; total reported value: ~$2,433.
• Type: Derivative award (phantom stock) under the company plan (transaction code A).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Each share of phantom stock represents the right to receive one share of common stock — voting; phantom shares are payable in voting common stock per the Non‑Qualified Retirement Savings Plan (Footnote F1).

Context

• This was a compensation/retirement-plan award (phantom stock), not an open-market purchase or sale. Phantom stock typically vests or converts into actual shares under plan terms, so it reflects granted compensation rather than a direct market investment by the insider. The small dollar value ($2.4k) suggests a routine grant rather than a large executive trade.