Form 4: Aon plc General Counsel Darren Zeidel Reports Share Transactions

Darren Zeidel, General Counsel of Aon plc, reports the vesting of restricted share units and subsequent tax withholding.

Summary

• On May 21, 2024, Darren Zeidel, General Counsel of Aon plc, reported transactions involving Class A Ordinary Shares.
• 44 Class A Ordinary Shares were acquired upon the vesting of a restricted share unit award.
• 19.492 Class A Ordinary Shares were withheld by the issuer for payment of taxes related to the vesting of the award at a price of $289.98.
• Following these transactions, Zeidel directly owns 31,031.409 Class A Ordinary Shares.
• The restricted share unit award, granted on May 21, 2019, vests in increments of 20% annually over five years.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine executive compensation and alignment of interests. There are no indications of negative events or concerns.

Positives

• The vesting of restricted share units indicates a continued alignment of the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Comparison to Industry Standards

• Similar to other publicly traded companies, Aon uses restricted share units as part of its executive compensation package to incentivize performance and align management's interests with shareholders.
• The vesting schedule of 20% annually over five years is a common vesting structure for such awards.

Stakeholder Impact

• The vesting of restricted share units has a minor dilutive effect on existing shareholders.
• The transaction reflects the company's ongoing compensation practices for its executives.

Key Dates