McCormick & Co. CHRO Acquires Phantom Stock via Retirement Plan
MCCORMICK & CO INC
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Filing Summary
📊 Insider Transaction Analysis
Company: MCCORMICK & CO INC ($MKC) Insider: Piper Sarah (Chief Human Relations Officer) Filing Date: 2026-09-09 | Transaction Date: 2026-09-08
Details:
- Type: Phantom Stock Acquisition (Plan Contribution/Award)
- Shares: 48.911 @ $51.90 ($2,538.48)
- Ownership Nature: Indirect (Non-Qualified Retirement Savings Plan)
- Post-Transaction Holdings: 4,986.288 Phantom Stock units; 9,058.46 Direct Common Shares
Significance: Low (Routine non-qualified retirement plan contribution)
Comprehensive Analysis
Executive Summary
On September 9, 2026, MCCORMICK & CO INC ($MKC) filed a Form 4 detailing an acquisition of phantom stock by Sarah Piper, Chief Human Relations Officer.
Transaction Breakdown
- Security: Phantom Stock (underlying Common Stock - Voting)
- Transaction Date: September 8, 2026
- Transaction Code:
A(Grant, award, or other acquisition) - Quantity: 48.911 units
- Price per Unit: $51.90
- Total Transaction Value: ~$2,538.48
- Nature of Ownership: Indirect (held through the Non-Qualified Retirement Savings Plan)
Current Holdings
- Derivative (Phantom Stock): 4,986.288 shares held indirectly.
- Direct Common Stock: 9,058.46 shares.
Market & Strategic Impact
This transaction reflects routine participation in the company's Non-Qualified Retirement Savings Plan rather than a discretionary open-market trade. The transaction size is modest and carries Low informational significance for market direction.
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Important Disclaimer
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