McCormick & Co CEO Acquires Phantom Stock via Retirement Plan

Insider Transaction Overview

McCormick & Co Inc ($MKC) Chairman, President & CEO Brendan M. Foley reported the acquisition of 54.66 shares of Phantom Stock on October 19, 2026, at an effective price of $45.86 per share, representing a total value of approximately $2,506.71.

Transaction Details

• Security: Phantom Stock (payable 1-for-1 in Common Stock - Voting)
• Transaction Code: A (Grant, award, or other acquisition)
• Ownership Nature: Indirect through the company's Non-Qualified Retirement Savings Plan
• Post-Transaction Holdings:
  • 14,698.046 shares of Phantom Stock (Indirect)
  • 130,344.016 shares of Common Stock - Voting (Direct)
  • 1,770 shares of Common Stock - Non Voting (Direct)

Market Sentiment & Significance

The filing indicates routine participation in an executive non-qualified retirement savings plan rather than an open-market transaction. Given the small transaction size relative to Foley's total equity holdings, this filing is rated as Low trading significance and conveys neutral market sentiment.