Director Mills gets 1,349-share stock grant at Marsh & McLennan (NYSE: MMC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MILLS STEVEN A reported acquisition or exercise transactions in this Form 4 filing.
MARSH & MCLENNAN COMPANIES, INC. director Steven A. Mills reported an annual stock award, not an open‑market trade. He received a grant of 1,349 shares of common stock at $159.28 per share under the Marsh & McLennan Companies Directors Stock Compensation Plan. After this compensation grant, he holds 5,757.75 shares directly and 47,553 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MILLS STEVEN A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,349 | $159.28 | $215K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,757.75 shares (Direct, null);
Common Stock — 47,553 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 1,349 shares
Award price per share: $159.28/share
Direct holdings after award: 5,757.75 shares
+1 more
4 metrics
Stock award size
1,349 shares
Annual director stock award of common stock
Award price per share
$159.28/share
Reported price for 1,349-share grant
Direct holdings after award
5,757.75 shares
Common stock directly owned by Steven A. Mills
Indirect trust holdings
47,553 shares
Common stock held indirectly by trust
Key Terms
Grant, award, or other acquisition, Directors Stock Compensation Plan, By Trust
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Directors Stock Compensation Plan financial
"Annual stock award of 1,349 shares pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan."
By Trust financial
"direct_or_indirect: I, nature_of_ownership: By Trust"
FAQ
What insider transaction did MMC director Steven A. Mills report?
Steven A. Mills reported receiving an annual stock award of 1,349 Marsh & McLennan common shares. The Form 4 classifies this as a grant or award acquisition, reflecting routine director compensation rather than an open‑market stock purchase or sale.
Was Steven A. Mills’ MMC stock award an open-market purchase or sale?
The transaction was a grant, not an open‑market trade. The Form 4 lists code A for “Grant, award, or other acquisition,” indicating shares were issued as director compensation under the company’s Directors Stock Compensation Plan, with no market buying or selling involved.