Marsh & McLennan (NYSE: MMC) director granted 1,349.82 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marsh & McLennan Companies director Jan Siegmund received an annual stock award of 1,349.82 restricted stock units on Marsh & McLennan common stock. The units were valued at $159.28 per underlying share and convert into common stock on a 1-for-1 basis.
Following this grant, Siegmund directly holds 2,298.24 restricted stock units linked to Marsh & McLennan common stock. This is a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siegmund Jan
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 — 2,298.24 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
Grant value per underlying share: $159.28 per share
Total RSUs after grant: 2,298.24 units
+2 more
5 metrics
Restricted stock units granted
1,349.82 units
Annual director stock award
Grant value per underlying share
$159.28 per share
Reported value for RSU grant
Total RSUs after grant
2,298.24 units
Director’s direct holdings following transaction
Conversion ratio
1-for-1
Each RSU converts into one common share
Transaction date
June 1, 2026
Grant date of restricted stock units
Key Terms
Restricted Stk. Units-Dir. Stk. Plan, Directors Stock Compensation Plan, restricted stock units, Grant, award, or other acquisition
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."
restricted stock units financial
"Annual stock award of 1,349.82 shares pursuant to the Marsh & McLennan Companies 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Marsh & McLennan (MMC) director Jan Siegmund report on this Form 4?
Director Jan Siegmund reported receiving an annual stock award of 1,349.82 restricted stock units. These units are granted under Marsh & McLennan’s Directors Stock Compensation Plan and represent a standard equity-based compensation grant rather than an open-market transaction.
How many restricted stock units did Jan Siegmund receive from Marsh & McLennan (MMC)?
Jan Siegmund received 1,349.82 restricted stock units linked to Marsh & McLennan common stock. The award was described as an annual stock grant under the company’s Directors Stock Compensation Plan and reflects equity compensation for board service during the year.
At what value were the Marsh & McLennan (MMC) restricted stock units granted to Jan Siegmund?
The 1,349.82 restricted stock units were reported with a value of $159.28 per underlying share. This price is used for reporting the grant’s fair value and does not represent an open-market purchase price paid by the director.
How many Marsh & McLennan (MMC) restricted stock units does Jan Siegmund hold after this grant?
After the grant, Jan Siegmund holds a total of 2,298.24 restricted stock units directly. This figure includes the newly awarded 1,349.82 units and represents his reported equity-based position from director compensation in Marsh & McLennan common stock.
Do Jan Siegmund’s Marsh & McLennan (MMC) restricted stock units convert into common stock?
Yes. The filing states that the restricted stock units convert into Marsh & McLennan Companies common stock on a 1-for-1 basis. Each unit ultimately represents one share of common stock once the conversion conditions specified by the compensation plan are met.