Director at Marsh & McLennan (MMC) receives 1,349.82 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marsh & McLennan Companies director Anthony Anderson received an annual equity grant of 1,349.82 restricted stock units. The award was made under the Marsh & McLennan Companies Directors Stock Compensation Plan and is classified as a grant or award acquisition, not an open-market purchase.
The restricted stock units convert into Marsh & McLennan common stock on a 1-for-1 basis, aligning the director’s compensation with future share performance. Following this grant, Anderson holds a total of 17,082.15 units directly, reinforcing his equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Anthony
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stk. Units-Dir. Stk. Plan | 1,349.82 | $159.28 | $215K |
Holdings After Transaction:
Restricted Stk. Units-Dir. Stk. Plan — 17,082.15 shares (Direct, null)
Footnotes (1)
- The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis. Annual stock award of 1,349.82 shares pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan. Not applicable.
Key Figures
Restricted stock units granted: 1,349.82 units
Reported price per unit: $159.28 per unit
Holdings after transaction: 17,082.15 units
+1 more
4 metrics
Restricted stock units granted
1,349.82 units
Annual director stock award
Reported price per unit
$159.28 per unit
Value used for the grant reporting
Holdings after transaction
17,082.15 units
Director’s direct equity-linked position after grant
Conversion ratio
1-for-1 into common stock
Each unit converts into one MMC common share
Key Terms
Restricted Stk. Units-Dir. Stk. Plan, Directors Stock Compensation Plan, Grant, award, or other acquisition, restricted stock units
4 terms
Restricted Stk. Units-Dir. Stk. Plan financial
"security_title: Restricted Stk. Units-Dir. Stk. Plan"
Directors Stock Compensation Plan financial
"Annual stock award of 1,349.82 shares pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
restricted stock units financial
"Annual stock award of 1,349.82 shares pursuant to the Directors Stock Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did MMC director Anthony Anderson report on this Form 4?
Anthony Anderson reported receiving 1,349.82 restricted stock units as an annual equity grant. The units were awarded under the Marsh & McLennan Companies Directors Stock Compensation Plan and are classified as a grant or award acquisition, not a market purchase or sale.
How many Marsh & McLennan (MMC) units does Anthony Anderson hold after this grant?
After the reported grant, Anthony Anderson holds 17,082.15 units directly. This total includes the new 1,349.82 restricted stock units awarded under the Directors Stock Compensation Plan, increasing his overall equity-linked position in Marsh & McLennan Companies.
What is the conversion ratio for Anthony Anderson’s MMC restricted stock units?
The restricted stock units convert into Marsh & McLennan Companies common stock on a 1-for-1 basis. Each unit represents the right to receive one share of common stock in the future, subject to the plan’s terms and any applicable vesting or distribution conditions.
Was Anthony Anderson’s MMC Form 4 transaction a stock purchase or sale?
The Form 4 transaction was a grant, not a purchase or sale. Anthony Anderson received 1,349.82 restricted stock units as an annual stock award under the Directors Stock Compensation Plan, classified as a grant, award, or other acquisition of derivative securities.
What price per unit is reported for Anthony Anderson’s MMC restricted stock award?
The reported transaction price per restricted stock unit is $159.28. This figure typically reflects the fair value assigned for reporting purposes and does not indicate that Anderson bought shares in the open market at that price.