Form 4: Marsh & McLennan CFO Reports Stock Transactions
SEC Form 4 Filing
Mark C. McGivney, CFO of Marsh & McLennan Companies, reports the vesting and distribution of restricted stock units and subsequent tax withholding.
Summary
- On February 28, 2025, Mark C. McGivney, the Chief Financial Officer of Marsh & McLennan Companies, Inc., had a transaction involving common stock.
- 21,472 shares underlying restricted stock units vested and were distributed to McGivney.
- Of these shares, 10,962 were withheld by Marsh & McLennan Companies to cover applicable taxes at a price of $233.74 per share.
- The vesting relates to performance stock units granted on February 23, 2022, for the performance period of 2022-2024.
- Following the transaction, McGivney directly owns 44,188 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive, and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction affects the CFO's holdings in the company, which is of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| February 23, 2022 | Date of grant for performance stock units related to the 2022-2024 performance period. |
| February 28, 2025 | Date of transaction: vesting and distribution of restricted stock units and tax withholding. |
| March 04, 2025 | Date of signature on the Form 4 filing. |
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