McCormick director Margaret Preston sells 28,092 shares for $2.2M at $77.03, reducing stake by 82.0% to 6,177 shares.
Margaret M. Preston, a director at McCormick & Co, executed 2 separate sales on 2025-02-13, selling a combined 28,092 shares for $2,163,926.76 at a blended average price of $77.03 per share. This transaction reduces her post-transaction holdings to 6,177 shares from a pre-transaction level of 34,269 shares, representing an 82.0% reduction in her stake. The current stock price of $76.96 is 9.2% below the 52-week high of $84.76, and the stock has posted a 7.2% gain over the prior 30 days and 4.0% gain over the prior 90 days. The transaction occurs at a price very close to the current market level, with the company showing modestly positive near-term momentum in a context of subdued longer-term growth—annual revenue growth stands at 0.9% with a P/E of 26.18.