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McCormick (NYSE: MKC) CEO receives new phantom stock award
McCormick & Co.'s Chairman, President, and CEO, Brendan M. Foley, was granted 684.220 phantom stock units, as detailed in a recent Form 4 SEC filing. These units, awarded at $0.0000 per unit, represent the right to receive one share of Common Stock - Voting each, payable through the company’s Non Qualified Retirement Savings Plan. Following this grant, Foley now indirectly holds 13,634.183 phantom stock units, in addition to his direct holdings of voting and non-voting common stock.