Form 4: Aon Director Adriana Karaboutis Reports Share Acquisition and Tax Withholding

Director Adriana Karaboutis reports acquisition of Aon plc Class A Ordinary Shares and subsequent withholding for tax obligations.

Summary

• On June 20, 2024, Adriana Karaboutis, a director of Aon plc, acquired 759 Class A Ordinary Shares as part of an annual grant to non-employee directors.
• Karaboutis also had 182.154 Class A Ordinary Shares withheld by Aon on the same date for payment of taxes related to the share award at a price of $296.59 per share.
• Following these transactions, Karaboutis directly owns 1,531.846 Class A Ordinary Shares of Aon plc.

Sentiment

Score: 7

Explanation: The document reflects standard director compensation practices and compliance with SEC regulations, indicating a neutral to slightly positive sentiment.

Positives

• The acquisition of shares reflects ongoing director compensation practices.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Director compensation in the form of stock grants is a common practice among publicly traded companies like Aon.
• Companies such as Marsh & McLennan and Willis Towers Watson also utilize stock grants as part of their director compensation packages.
• The reporting requirements under Section 16(a) of the Securities Exchange Act are standard across all US-listed companies.

Stakeholder Impact

• Shareholders are informed about director compensation practices.
• The filing ensures transparency and compliance with regulatory requirements.

Key Dates