Form 4: Marsh & McLennan Executive Reports Stock Transactions
SEC Form 4 Filing
Carmen Fernandez, SVP and Chief People Officer at Marsh & McLennan Companies, reports the vesting and distribution of restricted stock units and related tax withholding.
Summary
- Carmen Fernandez, a Senior Vice President and Chief People Officer at Marsh & McLennan Companies, filed a Form 4 on March 4, 2025.
- The form reports transactions that occurred on February 28, 2025.
- These transactions involved the vesting and distribution of 7,928 shares underlying restricted stock units.
- 4,385 shares were withheld by Marsh & McLennan Companies to cover applicable taxes.
- The reporting person also indirectly owns 276.362 shares of common stock through the MMC 401(k) Savings & Investment Plan.
- Following the reported transactions, the reporting person beneficially owns 9,880 shares of common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| February 23, 2022 | Date of grant for the performance stock units related to the restricted stock units. |
| 2022-2024 | Performance period for the performance stock units. |
| February 28, 2025 | Date of the reported transactions (vesting and distribution of restricted stock units). |
| February 28, 2025 | Date of the Plan Statement for the MMC 401(k) Savings & Investment Plan. |
| March 4, 2025 | Date the Form 4 was signed. |
Keywords
Form 4, Marsh & McLennan, Stock Transaction, Restricted Stock Units, Insider Trading, Executive Compensation
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