Form 4: Marsh & McLennan 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 February 28, 2025, Patrick Tomlinson, President and CEO of Mercer (a subsidiary of Marsh & McLennan Companies), reported transactions involving Marsh & McLennan Companies common stock.
- Tomlinson vested and received 2,812 shares underlying restricted stock units.
- Of these shares, 1,437 were withheld by Marsh & McLennan Companies to cover applicable taxes at a price of $233.74 per share.
- Following these transactions, Tomlinson directly owns 1,975 shares of common stock and 7,919 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard compensation practices for company executives.
Key Dates
| Date | Description |
|---|---|
| February 23, 2022 | Date of grant for 551 restricted stock units and performance stock units related to the 2022-2024 performance period. |
| February 23, 2023 | Date of grant for 609 restricted stock units. |
| February 28, 2025 | Date of transaction: Vesting and distribution of restricted stock units and tax withholding. |
| March 04, 2025 | Date of signature for the Form 4 filing. |
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