Form 4: Marsh & McLennan Companies Executive Nicholas Studer Reports Stock Transactions
SEC Form 4 Filing
Nicholas Studer, President and CEO of Oliver Wyman Group (OWG), reports the vesting and sale of Marsh & McLennan Companies (MMC) stock to cover tax obligations.
Summary
- On February 28, 2025, Nicholas Studer vested 7,928 shares of common stock from restricted stock units.
- These shares relate to performance stock units granted on February 23, 2022, for the performance period of 2022-2024.
- On March 3, 2025, Studer sold 3,649 shares of common stock at a price of $238.737 per share.
- The sale was to satisfy tax withholding obligations.
- Following these transactions, Studer directly owns 10,724 shares of Marsh & McLennan Companies common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are part of standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/23/2022 | Date of grant for performance stock units related to the 2022-2024 performance period. |
| 02/28/2025 | Vesting and distribution of 7,928 shares underlying restricted stock units. |
| 03/03/2025 | Sale of 3,649 shares of common stock at $238.737 per share. |
| 03/04/2025 | Date of signature for the SEC filing. |
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