Aon (NYSE: AON) interim CFO details 1,014 shares and RSUs
Rhea-AI Filing Summary
Aon plc (AON) disclosed the initial equity holdings of reporting person Nadin Virani, Interim CFO. The filing reports direct ownership of 1,014.475 Class A Ordinary Shares and two restricted share unit (RSU) awards that each convert into Class A Ordinary Shares on a 1-for-1 basis with a nominal value of $0.01 per share payable by the reporting person.
One RSU award covers 1,117 underlying shares vesting 50% on each of the first and second anniversaries of the May 21, 2025 grant date and is scheduled to convert by May 21, 2027. The other covers 893 underlying shares, vesting 20% annually over five years from May 21, 2025 and expiring on May 21, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Virani Nadin
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Unit (Right to Receive) F2, F1 | -- | -- | -- |
| holding | Restricted Share Unit (Right to Receive) F2, F3 | -- | -- | -- |
| holding | Class A Ordinary Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit (Right to Receive) — 2,010 shares (Direct);
Class A Ordinary Stock — 1,014.475 shares (Direct)
Footnotes (3)
- F1. A restricted share unit award was granted on May 21, 2025 and vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan, as amended and restated: 50% of the award vests on each of the first through second anniversary of the date of grant.
- F2. The restricted share unit award converts to Class A Ordinary Shares on a 1-for-1 basis. In accordance with Irish law, the reporting person agreed to pay the issuer the nominal value of $0.01 per share issued to the reporting person.
- F3. A restricted share unit award was granted on May 21, 2025 and vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan, as amended and restated: 20% of the award vests on each of the first through fifth anniversary of the date of grant.
Key Figures
Directly held Class A Ordinary Shares: 1,014.475 shares
RSU underlying shares (2027 expiration): 1,117 shares
RSU underlying shares (2030 expiration): 893 shares
+2 more
5 metrics
Directly held Class A Ordinary Shares
1,014.475 shares
Direct ownership reported for Nadin Virani following the reported holdings
RSU underlying shares (2027 expiration)
1,117 shares
Restricted Share Unit award converting 1-for-1 into Class A Ordinary Shares, expiration date 2027-05-21
RSU underlying shares (2030 expiration)
893 shares
Restricted Share Unit award converting 1-for-1 into Class A Ordinary Shares, expiration date 2030-05-21
Nominal value per share on RSU conversion
$0.01 per share
Amount the reporting person agreed to pay Aon plc for each Class A Ordinary Share issued upon RSU conversion
RSU grant date for both awards
May 21, 2025
Grant date for the RSU awards with 1,117 and 893 underlying Class A Ordinary Shares
Key Terms
Restricted Share Unit, Aon plc 2011 Incentive Compensation Plan, Class A Ordinary Shares, nominal value
4 terms
Aon plc 2011 Incentive Compensation Plan financial
"vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan"
nominal value financial
"the reporting person agreed to pay the issuer the nominal value of $0.01 per share"
Nominal value is the stated or face amount assigned to a financial instrument — for shares it’s the par value printed on the stock certificate, and for money or returns it can mean the number not adjusted for inflation. Think of it like a price tag on an item versus its buying power: the tag tells you the label, but not how much you can actually buy. Investors care because nominal values affect accounting, legal capital, dividend calculations and comparisons over time when inflation may distort real worth.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.