MMC (NYSE: MMC) CIO Paul Beswick receives option and RSU awards

Rhea-AI Filing Summary

Marsh & McLennan Companies reported that SVP and Chief Information Officer Paul Beswick acquired equity awards on February 24, 2026. He received 22,372 stock options that vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030.

Beswick also acquired 6,970 restricted stock units tied to performance stock units originally granted on February 23, 2023 for the 2023–2025 performance period. Both the options and units convert into common stock on a 1‑for‑1 basis.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Beswick Paul

Role SVP, Chief Information Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Options (Right to Buy)	22,372	$0.00	--
Grant/Award	Restricted Stock Units	6,970	$0.00	--

Holdings After Transaction: Stock Options (Right to Buy) — 22,372 shares (Direct); Restricted Stock Units — 6,970 shares (Direct)

Footnotes (1)

1. These options were granted on February 24, 2026 and vest in four equal annual installments on February 24th of 2027, 2028, 2029 and 2030. The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis. These restricted stock units relate to performance stock units that were granted on February 23, 2023 for the performance period 2023-2025. The performance factor for these performance stock units was determined on February 24, 2026. Not Applicable

Form 4 Insider Transactions: What Each Field Means →

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^*

Beswick Paul

(Last) (First) (Middle)

1166 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Information Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$176.99	02/24/2026		A		22,372		(1)	02/23/2036	Common Stock	22,372	$0	22,372	D
Restricted Stock Units	(2)	02/24/2026		A(3)		6,970		(4)	(4)	Common Stock	6,970	$0	6,970	D

Explanation of Responses:

1. These options were granted on February 24, 2026 and vest in four equal annual installments on February 24th of 2027, 2028, 2029 and 2030.

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

3. These restricted stock units relate to performance stock units that were granted on February 23, 2023 for the performance period 2023-2025. The performance factor for these performance stock units was determined on February 24, 2026.

4. Not Applicable

	/s/ Tessa Patti, Attorney-in-fact	02/26/2026
	** 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.

FAQ

What insider transactions did MMC report for Paul Beswick on February 24, 2026?

MMC reported that Paul Beswick received equity awards on February 24, 2026. He was granted 22,372 stock options and 6,970 restricted stock units that convert into Marsh & McLennan common stock on a 1‑for‑1 basis under the company’s compensation programs.

How many stock options did MMC executive Paul Beswick receive in this Form 4 filing?

Paul Beswick received 22,372 stock options according to the Form 4. These options were granted on February 24, 2026 and vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030, subject to continued service and plan terms.

What is the vesting schedule for Paul Beswick’s MMC stock options?

The 22,372 stock options granted to Paul Beswick vest in four equal annual installments. Vesting dates are February 24 of 2027, 2028, 2029 and 2030, aligning with typical multi‑year executive incentive structures at Marsh & McLennan Companies under its equity compensation plan.

What restricted stock units did MMC grant or credit to Paul Beswick?

MMC reported that Paul Beswick acquired 6,970 restricted stock units. These RSUs relate to performance stock units granted on February 23, 2023 for the 2023‑2025 performance period, with the final performance factor determined on February 24, 2026, resulting in this RSU amount.

How do Paul Beswick’s MMC options and RSUs convert into common shares?

Both the options and the restricted stock units convert into Marsh & McLennan Companies common stock on a 1‑for‑1 basis. Each vested option or RSU corresponds to one MMC common share, aligning the executive’s potential value directly with the company’s share price performance over time.

Does the MMC Form 4 for Paul Beswick indicate any stock sales or disposals?

The Form 4 for Paul Beswick discloses only acquisitions of derivative securities. It reports grants of 22,372 stock options and 6,970 restricted stock units, with no sales or other dispositions shown in the summarized transactions for this specific February 24, 2026 filing event.