Form 4: Marsh & McLennan Companies Executive Tomlinson Reports Stock Transactions
SEC Form 4 Filing
Patrick Tomlinson, President and CEO of Mercer, reports the vesting and distribution of restricted stock units and subsequent tax withholding.
Summary
- On March 17, 2025, Patrick Tomlinson, President and CEO of Mercer (a subsidiary of Marsh & McLennan Companies), reported transactions involving Marsh & McLennan Companies common stock.
- These transactions involved the vesting and distribution of 1,227 shares underlying restricted stock units, which were initially granted on March 1, 2023.
- 627 shares were withheld by Marsh & McLennan Companies to cover applicable taxes related to the vesting.
- Following these transactions, Tomlinson directly owns 2,575 shares of common stock and 6,692 restricted stock units.
- The restricted stock units convert to common stock on a 1-for-1 basis.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining market confidence and regulatory compliance.
Stakeholder Impact
- The transactions have a minor impact on the overall shareholding structure of Marsh & McLennan Companies.
- The tax withholding benefits the government.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date restricted stock units were granted. |
| 03/17/2025 | Date of transaction (vesting and tax withholding). |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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