PRESTON MARGARET M V 4

What Happened

• Margaret M.V. Preston, a director of McCormick & Co. Inc. (MKC), received an award of 2,598 derivative units on Feb 6, 2026. The grant is reported at $0.00 per unit (no cash purchase) and is recorded as a derivative/award (code A) rather than an open‑market trade.

Key Details

• Transaction date: 2026-02-06; Filing date: 2026-02-09 (filed within the normal reporting window).
• Security/amount: 2,598 phantom stock units / restricted stock units (derivative securities) at $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • Each phantom stock unit represents the right to receive one share of common stock and is payable in shares under the Non‑Qualified Retirement Savings Plan (F1).
  • The RSU is a contingent right to one share (F2).
  • The RSUs vest in full on 02/15/2027 and will be settled in an equal number of McCormick shares (F3).
• No sale, cash exercise, or tax‑withholding sale is reported in this filing.

Context

• This was a compensation award (phantom stock/RSUs) to a director, not a purchase or sale in the open market. Such grants are common for board compensation and will convert to actual shares if and when the units vest on 02/15/2027.