Sarah Piper, Chief Human Relations Officer of McCormick & Co Inc, filed a Form 4 on August 11, 2026, disclosing a phantom stock acquisition dated August 10, 2026, under the company's Non-Qualified Retirement Savings Plan.

Key Highlights

  • Reporting person: Sarah Piper, identified as Chief Human Relations Officer of McCormick & Co Inc (NYSE:MKC)
  • Derivative acquired: 47.779 shares of Phantom Stock acquired on August 10, 2026, at a price of $53.13 per share
  • Underlying security: Each share of Phantom Stock represents the right to receive one share of Common Stock - Voting
  • Total phantom stock following transaction: 4,848.986 shares, held indirectly through the Non-Qualified Retirement Savings Plan
  • Non-derivative holdings: 9,037.94 shares of Common Stock - Voting listed as directly owned (no transaction code or price reported for this position)

Phantom Stock Addition Under McCormick Non-Qualified Retirement Plan

According to the filing, Sarah Piper, Chief Human Relations Officer of McCormick & Co Inc (NYSE:MKC), reported an acquisition of 47.779 shares of Phantom Stock on August 10, 2026, at a price of $53.13 per share. The transaction was coded "A" (acquired) and was held indirectly through the company's Non-Qualified Retirement Savings Plan. Following this transaction, Piper's total Phantom Stock holdings under the plan stood at 4,848.986 shares.

The filing explains that each share of Phantom Stock represents the right to receive one share of Common Stock - Voting, and that "Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan." No expiration date or exercise price is listed for the Phantom Stock, as indicated by footnote (1) in the filing. The form was signed by Jeffery D. Schwartz, identified as Attorney-in-fact, on August 11, 2026.

In Table I of the filing, Piper's direct beneficial ownership of 9,037.94 shares of Common Stock - Voting is listed. No transaction date, transaction code, or price is associated with that position in the reported filing, and it appears as a standing ownership figure rather than a newly reported transaction.

What Was Disclosed

The filing reports that Sarah Piper, Chief Human Relations Officer of McCormick & Co Inc, acquired 47.779 shares of Phantom Stock on August 10, 2026, at $53.13 per share through the Non-Qualified Retirement Savings Plan, bringing her total plan holdings to 4,848.986 phantom shares.