Form 4: Aon plc Director Jin-Yong Cai Reports Changes in Beneficial Ownership

Director Jin-Yong Cai reports acquisition and disposal of Aon plc Class A Ordinary Stock related to director compensation and tax obligations.

Summary

• On June 20, 2024, Jin-Yong Cai, a director of Aon plc, reported changes in beneficial ownership of Class A Ordinary Stock.
• Cai acquired 759 shares as part of the annual grant to non-employee directors, paying a nominal value of US $0.01 per share.
• Additionally, 367.496 shares were withheld by Aon plc for payment of taxes related to the stock award at a price of $296.59.
• Following these transactions, Cai beneficially owns 7,147.504 shares of Aon plc Class A Ordinary Stock.

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 ongoing equity-based compensation.

Positives

• The acquisition of shares reflects ongoing director compensation practices.

Future Outlook

The document does not contain any specific forward-looking statements regarding Aon plc's future performance.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies. It provides transparency regarding the equity holdings of company insiders.

Comparison to Industry Standards

• Director compensation practices, including stock grants, are common across publicly traded companies.
• The withholding of shares for tax obligations is a standard procedure in equity compensation plans.
• Companies like Marsh & McLennan Companies and Willis Towers Watson, which are Aon's competitors, also disclose similar transactions by their directors and officers.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to director compensation and do not significantly alter the company's financial position.

Key Dates