AON.NYSEAon PLC

Form 4: Aon plc Director James G. Stavridis Reports Acquisition and Disposal of Class A Ordinary Stock

Sentiment:

SEC Form 4 Filing


📋All filings for Aon PLC

Director James G. Stavridis reports acquisition of Aon plc Class A Ordinary Shares as part of director compensation and disposal for tax obligations.

Summary

  • On September 13, 2024, James G. Stavridis, a director of Aon plc, reported the acquisition of 551 Class A Ordinary Shares as part of his annual director compensation.
  • Additionally, 568 Class A Ordinary Shares were acquired.
  • 264.47 Class A Ordinary Shares were disposed of to cover tax obligations related to the award at a price of $347.85.
  • Following these transactions, Stavridis directly owns 303.53 Class A Ordinary Shares.
  • He also indirectly owns 1,043 shares through a trust and 3,808 shares through a family trust.

Sentiment

Score: 7

Explanation: The document reflects standard transactions related to director compensation and tax obligations, indicating a neutral to slightly positive sentiment due to continued director alignment with company interests.

Positives

  • The acquisition of shares reflects the director's ongoing alignment with the company's interests.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

  • Director compensation in the form of stock grants is a common practice among publicly traded companies to align the interests of directors with those of shareholders.
  • Tax withholding on stock awards is also a standard procedure.

Stakeholder Impact

  • The transactions have a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

DateDescription
08/15/2024Effective date of Admiral James Stavridis' election as a director of Aon plc.
09/13/2024Date of the reported transactions (acquisition and disposal of shares).
09/17/2024Date of signature on the Form 4 filing.
06/27/2025End date of the period of service for which the director shares were pro-rated.

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