McCormick CEO Brendan Foley sold 57,144 shares ($3.7M) at $65.56, reducing holdings by 34.5% to 108,652 shares
Foley divested a substantial portion of his McCormick stake—57,144 shares sold for $3,746,360.64—reducing his holdings from 165,796 shares to 108,652 shares, a -34.5% reduction relative to pre-transaction levels. The sale occurred at $65.56, which is 0.8% below the current price of $66.10 and 22.0% below the 52-week high of $84.73, placing the transaction in the lower half of the company's trading range over the past year. McCormick's fundamentals show modest annual revenue growth of +0.9% with a P/E of 22.48, alongside quarterly net income of $225,500,000.00. The timing and scale of this disposition merit investor attention alongside the company's sluggish growth trajectory.