Aon (NYSE: AON) director gets annual stock grant with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aon plc director Adriana Karaboutis reported routine equity compensation activity. She received an award of 776 Class A Ordinary Shares as part of the annual grant to non-employee directors, agreeing under Irish law to pay the nominal value of US $0.01 per share.
The company withheld 186.235 Class A Ordinary Shares to cover related tax obligations, a non-market, tax-withholding disposition. Following these transactions, Karaboutis directly holds 2,791.970 Class A Ordinary Shares of Aon plc.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Karaboutis Adriana
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Stock | 776 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Stock | 186.235 | $315.95 | $59K |
Holdings After Transaction:
Class A Ordinary Stock — 2,791.97 shares (Direct, null)
Footnotes (1)
- Class A Ordinary Shares granted annually to each non-employee director of Aon plc. In accordance with Irish law, reporting person agreed to pay the issuer the nominal value of US $0.01 per share issued to the reporting person. Class A Ordinary Shares withheld by the issuer for payment of taxes in connection with the award.
Key Figures
Director share grant: 776 shares
Shares withheld for taxes: 186.235 shares
Post-transaction holdings: 2,791.970 shares
+2 more
5 metrics
Director share grant
776 shares
Annual Class A Ordinary Shares grant to non-employee director
Shares withheld for taxes
186.235 shares
Class A Ordinary Shares withheld by issuer for tax obligations
Post-transaction holdings
2,791.970 shares
Class A Ordinary Shares directly held after transactions
Tax-withholding price
$315.95 per share
Price per share for tax-withholding disposition on Class A shares
Nominal value per share
$0.01 per share
Nominal value paid under Irish law for granted shares
Key Terms
Class A Ordinary Stock, tax-withholding disposition, grant/award acquisition, nominal value
4 terms
Class A Ordinary Stock financial
"security_title: "Class A Ordinary Stock" for both transactions"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code entry"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for the A-code entry"
nominal value financial
"agreed to pay the issuer the nominal value of US $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
What insider transaction did Adriana Karaboutis report at Aon (AON)?
Adriana Karaboutis reported a routine equity compensation event at Aon. She received 776 Class A Ordinary Shares as a director grant, and 186.235 shares were withheld by the company to satisfy tax obligations, leaving her with 2,791.970 shares directly held.
Was the Aon (AON) insider transaction an open-market buy or sell?
The activity was not an open-market trade. It consisted of an equity award of 776 shares to a non-employee director and a related tax-withholding disposition of 186.235 shares by the issuer, a standard mechanism for covering tax liabilities on stock-based compensation.