McCormick CEO Brendan Foley Receives 47 Phantom Shares

What Happened
Brendan M. Foley, Chairman, President & CEO (and Director) of McCormick & Co., received an award of 47.181 shares of phantom stock on August 10, 2026. The award is recorded at $53.13 per share for a total value of approximately $2,507. This transaction is an award/grant (reported as code "A") of a derivative (phantom stock), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-10; filing date (Form 4): 2026-08-11 (appears timely).
• Award details: 47.181 phantom shares @ $53.13 each; total value ≈ $2,507.
• Type: Derivative award (phantom stock) under the Non‑Qualified Retirement Savings Plan.
• Footnote: Each phantom share represents the right to receive one share of Common Stock — Voting and is payable in shares of Common Stock per plan terms.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context
Phantom stock is a deferred compensation award that entitles the holder to receive stock (or cash tied to stock value) in the future; it does not represent an immediate open‑market purchase or sale and therefore is not a direct bullish/selling signal. Such grants are commonly part of executive compensation or retirement savings plans.