McCormick & Co Inc Director Margaret M.V. Preston Acquires Phantom Stock via Dividend Reinvestment

Insider Transaction Analysis: McCormick & Co Inc (NYSE: MKC)

Executive Summary

On September 9, 2026, McCormick & Company Director Margaret M.V. Preston filed a Form 4 disclosing the acquisition of 269.397 units of Phantom Stock on July 20, 2026. The transaction was valued at $14,073.30 at an execution price of $52.24 per unit, executed pursuant to a dividend reinvestment plan.

Transaction Details

• Security: Phantom Stock (Underlying: Common Stock - Voting)
• Transaction Code: J (Dividend Reinvestment)
• Units Acquired: 269.397
• Price per Unit: $52.24
• Ownership Structure: Indirect (Non-Qualified Retirement Savings Plan)
• Post-Transaction Holdings:
  • 29,588.762 units of Phantom Stock (Indirect)
  • 84,364.195 shares of Common Stock - Voting (Direct)
  • 6,235.263 shares of Common Stock - Non-Voting (Direct)

Market & Governance Assessment

This acquisition reflects an automated dividend reinvestment under the company's Non-Qualified Retirement Savings Plan rather than a discretionary open-market trade. As such, the transaction carries Low trading significance for market participants.