MMC (MMC) director Deborah Hopkins credited 111.82 RSUs via dividend equivalents

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MARSH & MCLENNAN COMPANIES, INC. director Deborah C. Hopkins reported an administrative Form 4 update related to her director stock compensation. On 2026-05-15, 111.82 restricted stock units were credited to her account at a reference price of $160.60 per unit through dividend equivalents.

These restricted stock units convert into Marsh & McLennan common stock on a 1-for-1 basis. Following this transaction, Hopkins directly holds a total of 20,064.74 restricted stock units under the directors stock compensation plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HOPKINS DEBORAH C

Role null

Type	Security	Shares	Price	Value
Other	Restricted Stk. Units-Dir. Stk. Plan	111.82	$160.60	$18K

Holdings After Transaction: Restricted Stk. Units-Dir. Stk. Plan — 20,064.74 shares (Direct, null)

Footnotes (1)

The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis. Acquired with dividend equivalents credited to the reporting person's account under the Marsh & McLennan Companies Directors Stock Compensation Plan. Not applicable.

Key Figures

Restricted stock units credited: 111.82 units Reference price per unit: $160.60 per unit Total RSUs after transaction: 20,064.74 units +1 more

4 metrics

Restricted stock units credited 111.82 units Dividend equivalents on 2026-05-15

Reference price per unit $160.60 per unit Reported transaction price

Total RSUs after transaction 20,064.74 units Director holdings following transaction

Conversion ratio 1-for-1 RSUs to common stock

Key Terms

Restricted Stk. Units-Dir. Stk. Plan, dividend equivalents, Directors Stock Compensation Plan, Form 4

4 terms

Restricted Stk. Units-Dir. Stk. Plan financial

"security_title: Restricted Stk. Units-Dir. Stk. Plan"

dividend equivalents financial

"Acquired with dividend equivalents credited to the reporting person's account"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Directors Stock Compensation Plan financial

"under the Marsh & McLennan Companies Directors Stock Compensation Plan"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 04:14 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HOPKINS DEBORAH C

(Last)

(First)

(Middle)

C/O MARSH & MCLENNAN COMPANIES, INC.

1166 AVENUE OF THE AMERICAS

(Street)

NEW YORK

10036

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MARSH & MCLENNAN COMPANIES, INC. [ MRSH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stk. Units-Dir. Stk. Plan	⁽¹⁾	05/15/2026		J⁽²⁾	V	111.82		⁽³⁾	⁽³⁾	Common Stock	111.82	$160.6	20,064.74	D

Explanation of Responses:

1. The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.

2. Acquired with dividend equivalents credited to the reporting person's account under the Marsh & McLennan Companies Directors Stock Compensation Plan.

3. Not applicable.

	/s/ Tessa Patti, Attorney-in-fact	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MMC director Deborah C. Hopkins report on this Form 4?

Deborah C. Hopkins reported an administrative transaction involving 111.82 restricted stock units. These units were credited to her account through dividend equivalents under Marsh & McLennan Companies’ Directors Stock Compensation Plan, rather than through an open-market purchase or sale of common shares.

How many restricted stock units does Deborah C. Hopkins hold in MMC after this filing?

After the reported transaction, Deborah C. Hopkins directly holds 20,064.74 restricted stock units. These units are part of the Marsh & McLennan Companies Directors Stock Compensation Plan and are designed to convert into common stock on a 1-for-1 basis in the future.

What is the nature of the 111.82 MMC restricted stock units reported in this Form 4?

The 111.82 restricted stock units were acquired through dividend equivalents credited to Hopkins’ account. This occurs when cash dividends on Marsh & McLennan Companies common stock are converted into additional units under the company’s Directors Stock Compensation Plan.

At what reference price were Deborah C. Hopkins’ new MMC restricted stock units recorded?

The additional 111.82 restricted stock units were recorded at a reference price of $160.60 per unit. This price is used for reporting purposes and reflects the value used to calculate the number of units credited via dividend equivalents.

How do Deborah C. Hopkins’ MMC restricted stock units convert into common shares?

The restricted stock units convert into Marsh & McLennan Companies common stock on a 1-for-1 basis. This means each unit ultimately represents one share of common stock when settlement occurs under the terms of the Directors Stock Compensation Plan.