Every Form 4 that Marsh & McLennan Companies, Inc. (MMC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MMC filings page.
MARSH & MCLENNAN COMPANIES reported that Dean Michael Klisura, President & CEO of Guy Carpenter, received new equity awards. He was granted 24,858 stock options that were awarded on February 24, 2026 and vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030. The options convert into common stock on a 1-for-1 basis.
He also acquired 9,383 restricted stock units tied to performance stock units originally granted on February 23, 2023 for the 2023–2025 performance period, with the performance factor determined on February 24, 2026. Both holdings are reported as directly owned.
Marsh & McLennan Companies President and CEO John Q. Doyle reported two equity awards. He acquired 217,501 stock options on February 24, 2026 at a grant price of $0.00 per option. These options vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030.
He also acquired 59,510 restricted stock units on February 24, 2026. These RSUs relate to performance stock units originally granted on February 23, 2023 for the 2023–2025 performance period, with the performance factor determined on February 24, 2026. Both instruments convert into common stock on a 1-for-1 basis.
Marsh & McLennan Companies executive equity awards: South Martin, President & CEO of Marsh Risk, received stock options for 39,772 shares and 14,476 restricted stock units on February 24, 2026. The options were granted at a price of $0.00 per share.
The options vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030 and convert into common stock on a 1-for-1 basis. The restricted stock units relate to performance stock units granted on February 23, 2023 for the 2023–2025 performance period, with the performance factor determined on February 24, 2026.
Marsh & McLennan Companies executive Nicholas Mark Studer reported equity awards rather than open‑market trades. He received stock options covering 21,129 shares of Marsh & McLennan common stock at an exercise price of $0.0000 per share. These options were granted on February 24, 2026 and vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030.
He was also granted 8,044 restricted stock units tied to performance stock units originally granted on February 23, 2023 for the 2023–2025 performance period. The performance factor for these units was determined on February 24, 2026, and both the options and units convert into Marsh & McLennan common stock on a 1‑for‑1 basis.
Marsh & McLennan Companies Vice President and Controller Stacy Mills reported equity awards that increase her direct incentive stake in the company. On February 24, 2026, she was granted stock options for 3,574 shares at a price of $0.00 per share.
These options vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030 and convert into common stock on a 1-for-1 basis. On the same date, she also acquired restricted stock units of 1,342 and 1,625 shares under prior and new awards, with the earlier grant tied to 2023–2025 performance and the newer grant vesting in three equal installments on February 28 of 2027, 2028 and 2029.
Marsh & McLennan Companies executive Patrick Tomlinson, President and CEO of Mercer, reported new equity awards. He received 28,586 stock options that were granted on February 24, 2026 and will vest in four equal annual installments on February 24 of 2027, 2028, 2029 and 2030.
Tomlinson was also granted 1,609 restricted stock units tied to performance stock units originally awarded on February 23, 2023 for the 2023–2025 performance period, with the performance factor determined on February 24, 2026. Both instruments convert into Marsh & McLennan common stock on a 1-for-1 basis.
Marsh & McLennan Companies director Morton O. Schapiro reported compensation-related equity activity in company stock units. He acquired 237.74 restricted stock units on February 15, 2026 as a grant, and 456.03 units on February 13, 2026 through dividend equivalents and director fees under the Directors Stock Compensation Plan. These units convert into common stock on a 1-for-1 basis.
Marsh & McLennan Companies director Anthony Anderson reported administrative updates to his equity holdings. On February 13, 2026, an entry labeled as an “other” transaction involved 80.98 restricted stock units under the Directors Stock Plan, tied to a reference price of $172.98 per unit.
Footnotes explain these restricted stock units accrue from dividend equivalents and convert into common stock on a 1-for-1 basis. Following these updates, Anderson reported 15,644.66 restricted stock units and 2,014.102 common shares held directly. The activity reflects plan-related credits rather than open-market buying or selling.
MARSH & MCLENNAN COMPANIES director Deborah C. Hopkins reported an administrative equity adjustment. On February 13, 2026, she had 103.28 restricted stock units credited to her account as dividend equivalents under the Directors Stock Compensation Plan. These restricted stock units convert into common stock on a 1-for-1 basis, bringing her directly held restricted stock unit balance to 19,952.92 units following the transaction.
Marsh & McLennan Companies director Tamara Ingram reported an automatic increase in equity-based compensation. She received 39.82 restricted stock units as dividend equivalents under the company’s Directors Stock Compensation Plan, each convertible into one share of common stock, bringing her directly held restricted stock units to 7,693.42.
MARSH & MCLENNAN COMPANIES director Lloyd M. Yates reported stock-based compensation activity involving restricted stock units that convert into common shares on a 1-for-1 basis. On February 15, he received 208.92 restricted stock units at a reference price of $173.51 per unit as a grant under the Directors Stock Compensation Plan. On February 13, an additional 54.59 restricted stock units at $172.98 per unit were credited as dividend equivalents and director fee-related awards. Following these transactions, his directly held restricted stock units totaled 10,755.18.
Marsh & McLennan Companies director Jane H. Lute reported new equity-based compensation in the form of restricted stock units. On February 15, 2026, she acquired 156.69 restricted stock units at $173.51 per unit as a grant or award, bringing her direct holdings to 7,351.38 units.
On February 13, 2026, an additional 37.24 units at $172.98 were credited as an "other" transaction, tied to dividend equivalents and director fees under the company’s Directors Stock Compensation Plan. Each restricted stock unit converts into one share of Marsh & McLennan Companies common stock.
Marsh & McLennan Companies director Jan Siegmund reported a small change in his equity holdings. On February 13, 2026, he received 4.88 restricted stock units under the Marsh & McLennan Companies Directors Stock Compensation Plan as dividend equivalents credited to his account.
The restricted stock units convert into Marsh & McLennan common stock on a 1-for-1 basis. Following this transaction, Siegmund directly holds a total of 943.13 restricted stock units under this plan.
Marsh & McLennan Companies director Steven A. Mills received a stock grant of common shares as part of his board compensation. On February 15, 2026, he acquired 244 shares of common stock at a reference value of $173.51 per share under the Marsh & McLennan Companies Directors Stock Compensation Plan. After this award, he directly owned 4,144.75 common shares. A separate line also reports 47,553 common shares held indirectly by a trust.
Marsh & McLennan Companies President and CEO John Q. Doyle exercised stock options for 21,079 shares of common stock at $63.09 per share on December 1, 2025, then sold 21,079 shares at $182.22 per share in a sale reported as an open market or private transaction under a previously adopted Rule 10b5-1 trading plan. The options exercised were granted on May 1, 2016 and vested annually through 2020. After these transactions, he directly holds 87,681.0205 shares of common stock.
Marsh & McLennan Companies (MMC) director reports routine equity awards. A company director filed a Form 4 disclosing changes in derivative securities tied to MMC common stock. On 11/14/2025, the director reported 426.84 restricted stock units under the Directors Stock Compensation Plan, acquired through dividend equivalents that convert into MMC common stock on a 1-for-1 basis. On 11/15/2025, the director acquired an additional 225.07 restricted stock units in connection with director fees under the same plan. Following these transactions, the director beneficially owned 87,649.88 restricted stock units on a direct basis.
Marsh & McLennan Companies, Inc. (MMC) reported an insider equity transaction by a company director on a Form 4. On 11/14/2025, the director acquired 75.99 restricted stock units under the Marsh & McLennan Companies Directors Stock Compensation Plan, coded as transaction type "J" and described as dividend equivalents credited to the reporting person's account. Each restricted stock unit converts into Marsh & McLennan common stock on a 1-for-1 basis. Following this transaction, the director beneficially owned 15,563.68 derivative securities in the form of restricted stock units, held directly.
Marsh & McLennan Companies, Inc. (MMC) reported an insider equity transaction by one of its directors. On 11/14/2025, the director acquired 96.91 restricted stock units under the Marsh & McLennan Companies Directors Stock Compensation Plan, recorded as a transaction code J.
The filing shows these units were credited as dividend equivalents to the director’s account, meaning additional units were granted in lieu of cash dividends. Each restricted stock unit converts into Marsh & McLennan common stock on a 1-for-1 basis. Following this transaction, the director beneficially owned 19,849.64 derivative securities (restricted stock units) held directly, with a reported derivative security price of $183.435.
Marsh & McLennan Companies director reports additional stock units. A director of MARSH & MCLENNAN COMPANIES, INC. (MMC) reported an acquisition of derivative securities on 11/14/2025. The filing shows the director received 37.37 restricted stock units through dividend equivalents credited under the Marsh & McLennan Companies Directors Stock Compensation Plan. These units convert into Marsh & McLennan common stock on a 1-for-1 basis. Following this transaction, the director beneficially owned 7,653.6 restricted stock units, held in direct ownership.
Marsh & McLennan Companies (MMC) reported a Form 4 filing showing a director’s routine equity compensation activity. On 11/14/2025, the director acquired 50.26 restricted stock units credited as dividend equivalents under the Marsh & McLennan Companies Directors Stock Compensation Plan. Each unit converts into one share of Marsh & McLennan common stock.
On 11/15/2025, the same director acquired an additional 197.78 restricted stock units in connection with director fees under the same plan. Following these transactions, the director beneficially owns 10,491.67 restricted stock units, held directly.
Marsh & McLennan Companies (MMC) reported a director equity transaction on Form 4. On 11/14/2025, the director had 34.22 restricted stock units under the Directors Stock Compensation Plan credited as dividend equivalents, each convertible into one share of common stock. On 11/15/2025, the director acquired an additional 148.34 restricted stock units in connection with director fees under the same plan. The reported prices were $183.435 and $183.28 per unit, and following these transactions the director directly beneficially owned 7,157.45 restricted stock units.
Marsh & McLennan Companies (MMC) director reports small equity award. A company director filed a Form 4 showing the acquisition of 4.58 restricted stock units on 11/14/2025 under the Marsh & McLennan Companies Directors Stock Compensation Plan. These units were credited as dividend equivalents, meaning the director received additional units in lieu of cash dividends. Each restricted stock unit converts into one share of Marsh & McLennan common stock. The filing reports a price of $183.435 per unit and shows the director now beneficially owns 938.25 derivative securities in this form, held directly. This reflects routine director equity compensation rather than a market purchase or sale.
Marsh & McLennan Companies, Inc. (MMC) reported a Form 4 insider transaction for a director. On 11/15/2025, the director acquired 231 shares of common stock at $183.28 per share, received as compensation under the Marsh & McLennan Companies Directors Stock Compensation Plan rather than through an open-market purchase. Following this grant, the director beneficially owns 3,900.75 shares directly and 47,553 shares indirectly through a trust, showing both personal and trust-based holdings in the company.