Brendan M. Foley, Chairman, President and CEO of McCormick & Co Inc, filed a Form 4 on August 11, 2026, disclosing the acquisition of 47.181 shares of phantom stock on August 10, 2026, under the company's Non-Qualified Retirement Savings Plan.

Key Highlights

  • Reporting Person: Brendan M. Foley, serving as Chairman, President and CEO of McCormick & Co Inc (NASDAQ:MKC).
  • Transaction: Acquisition (Code A) of 47.181 shares of phantom stock on August 10, 2026, at a price of $53.13 per share.
  • Plan: The phantom stock was acquired through the Non-Qualified Retirement Savings Plan and is held indirectly.
  • Phantom Stock Balance: Following the transaction, Foley beneficially owns 14,314.638 shares of phantom stock indirectly through the plan.
  • Direct Holdings: Foley directly holds 130,344.016 shares of Common Stock - Voting and 1,754 shares of Common Stock - Non Voting, with no reported transaction in those positions.
  • Phantom Stock Terms: Each share of phantom stock represents the right to receive one share of Common Stock - Voting, payable in accordance with the Non-Qualified Retirement Savings Plan terms.

McCormick CEO's Phantom Stock Acquisition Under Non-Qualified Retirement Plan

According to the filing, Brendan M. Foley, who serves as Chairman, President and CEO of McCormick & Co Inc (NASDAQ:MKC), acquired 47.181 shares of phantom stock on August 10, 2026. The transaction was recorded under Transaction Code A (acquisition) and carried a price of $53.13 per derivative security. The filing identifies this as an indirect holding through the company's Non-Qualified Retirement Savings Plan.

As the filing explains, "each share of phantom stock represents the right to receive one share of Common Stock - Voting" and is "payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan." Following this acquisition, Foley's total indirect phantom stock holdings stand at 14,314.638 shares under the plan. No expiration date or exercisable date is specified for the phantom stock, consistent with the plan's terms as described in the filing.

Separately, the filing discloses that Foley directly holds 130,344.016 shares of Common Stock - Voting and 1,754 shares of Common Stock - Non Voting, though no transactions were reported for those positions in this filing. The Form 4 was signed by Jeffery D. Schwartz, Attorney-in-Fact, on August 11, 2026, the same date it was filed with the SEC.

What Was Disclosed

The filing reports a single derivative acquisition by McCormick's top executive: 47.181 phantom stock shares acquired on August 10, 2026, at $53.13, held indirectly through the Non-Qualified Retirement Savings Plan, bringing his plan total to 14,314.638 phantom shares.