Foley Brendan M 4

What Happened

Brendan M. Foley, Chairman, President & CEO of McCormick & Co. (MKC), reported three acquisitions of company stock-related units between April 27 and May 4, 2026. He acquired 130.779 derivative shares on 2026-04-27 at $50.40 (value $6,591), 288 shares via dividend reinvestment on 2026-04-28 at $51.40 (value $14,803), and received a 52.202-share derivative award on 2026-05-04 at $48.02 (value $2,507). Combined, these transactions total about $23,901 and add roughly 471 shares to his holdings.

Key Details

• Transaction dates and prices:
  • 2026-04-27 — 130.779 derivative shares @ $50.40 = $6,591 (Other acquisition, code J)
  • 2026-04-28 — 288 shares @ $51.40 = $14,803 (Other acquisition; dividend reinvestment)
  • 2026-05-04 — 52.202 derivative shares @ $48.02 = $2,507 (Grant/award, code A)
• Filing date: Form 4 filed 2026-05-06.
• Shares owned after these transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1 = Dividend reinvestment (applies to the 288-share transaction).
  • F2 = Phantom stock — each phantom share equals the right to one voting common share and is payable in shares under the Non‑Qualified Retirement Savings Plan (applies to derivative entries).
• No late-filing flag was indicated in the provided information.

Context

These were acquisitions, not sales. The derivative entries reflect plan-related phantom-stock awards or conversions (rights to receive actual shares under the company plan), while the April 28 purchase was a routine dividend reinvestment. For retail investors, purchases and plan-based awards by executives are factual data points but do not by themselves indicate motivation or predict near-term stock moves.