MMC director granted shares, some withheld for tax
Marsh & McLennan Companies director Peter Harrison reported compensation-related stock transactions.
Rhea-AI Filing Summary
Marsh & McLennan Companies director Peter Harrison reported compensation-related stock transactions. He received an annual stock award of 1,349 shares of common stock under the Marsh & McLennan Companies Directors Stock Compensation Plan at a reference price of $159.28 per share.
To cover applicable taxes on shares acquired with director fees under the same plan, 103.39 shares of common stock were withheld in a tax-withholding disposition. After these transactions and receipt of cash in lieu of a fractional share, Harrison directly holds 1,349.82 shares of Marsh & McLennan common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,349.82 | $159.28 | $215K |
| Exercise Price or Tax Liability | Common Stock | 103.39 | $159.28 | $16K |
Footnotes (3)
- F1. Annual stock award of 1,349 shares pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan.
- F2. Reflects shares withheld to cover applicable taxes on shares acquired with director fees pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan.
- F3. The total reflects the reporting person's receipt of cash in lieu of a fractional share.
Key Figures
Key Terms
tax-withholding disposition financial
Directors Stock Compensation Plan financial
annual stock award financial
Form 4 regulatory
FAQ
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