CEO Brendan Foley Discloses 5.1% Beneficial Ownership in McCormick & Co.
MKC sits 21% above its 52-week low of $59.62 on light trading volume (0.1× avg).
Summary
McCormick & Company's Chairman, President, and CEO, Brendan M. Foley, has disclosed beneficial ownership of 5.1% of the company's common stock, primarily accumulated through equity compensation plans.
Key Events · Ownership and Investor Activity · MKC
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CEO's Significant Stake
Brendan M. Foley, Chairman, President, and CEO, reported beneficial ownership of 790,496 shares, representing 5.1% of McCormick & Company's common stock.
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Accumulation Through Compensation
The ownership primarily results from equity compensation plans, including stock options and restricted stock units, rather than open-market transactions.
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No Activist Intent
The filing explicitly states that the Reporting Person has no current plans or proposals related to activism or changes in the company's structure.
Analysis · MKC · Manufacturing
This Schedule 13D filing indicates that Brendan M. Foley, McCormick's Chairman, President, and CEO, now beneficially owns 5.1% of the company's common stock. This significant stake, valued at approximately $57 million, primarily stems from equity compensation awards rather than open-market purchases. While the filing states no current plans for activism, Foley's substantial ownership demonstrates strong alignment with shareholder interests and a high degree of confidence in the company's long-term prospects. This level of insider ownership from the top executive is a positive signal for investors.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 29% of the 1653 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.58%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MKC was trading at $72.31 on NYSE in the Manufacturing sector, with a market capitalization of approximately $19.4B. The 52-week trading range was $59.62 to $86.24. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.