PRESTON MARGARET M V 4
4 · MCCORMICK & CO INC · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
McCormick Director Margaret Preston Acquires 207 Shares (Dividend)
What Happened
- Margaret M. V. Preston, a director of McCormick & Co. (MKC), acquired 207.081 shares on January 12, 2026. The transaction is recorded as an “other acquisition” (code J) in a derivative context at $66.84 per share, total value about $13,841. The filing notes dividend reinvestment as the reason for the acquisition.
Key Details
- Transaction date: 2026-01-12
- Price per share: $66.84; Shares acquired: 207.081; Reported value: ~$13,841
- Transaction type/code: Other acquisition (J); classified as a derivative transaction
- Footnote: F1 — Dividend Reinvestment (shares were issued/purchased through a dividend reinvestment plan)
- Filing date: 2026-02-04 — filed more than the typical 2 business days after the transaction (appears late)
- Shares owned after transaction: Not specified in the provided report
Context
- This was a dividend reinvestment (automatic use of dividends to buy additional shares), a routine way insiders can increase holdings that does not necessarily signal a change in view. It differs from an open-market buy (active purchase) or option exercise. Because the filing was submitted weeks after the trade date, investors may note the late filing but should consider the transaction type (reinvestment) as routine.
Insider Transaction Report
Form 4
PRESTON MARGARET M V
Director
Transactions
- Other
Phantom Stock
[F1]2026-01-12$66.84/sh+207.081$13,841→ 29,042.768 total(indirect: Non Qualified Retirement Savings Plan)→ Common Stock - Voting (207.081 underlying)
Holdings
- 82,142.195
Common Stock - Voting
- 6,235.263
Common Stock - Non Voting
Footnotes (1)
- [F1]Dividend Reinvestment
Signature
Jason E. Wynn, Attorney-in-fact|2026-02-04