Marsh & McLennan director adds 112.08 RSUs

MARSH & MCLENNAN COMPANIES, INC.

Rhea-AI Filing Summary

MARSH & MCLENNAN COMPANIES, INC. (MRSH) director Deborah C. Hopkins reported an acquisition of derivative equity under the company’s directors stock plan. On 2026-08-14, she acquired 112.08 Restricted Stock Units labeled "Restricted Stk. Units-Dir. Stk. Plan," which convert into Marsh & McLennan common stock on a 1-for-1 basis. These units were credited as dividend equivalents under the Marsh & McLennan Companies Directors Stock Compensation Plan. Following this transaction, Hopkins directly holds a reported total of 21,526.64 restricted stock units linked to common stock.

Insider Trade Summary

Other: 112.08 shares

Other 1 txn

Insider HOPKINS DEBORAH C

Role Director

Type	Security	Shares	Price	Value
Other	Restricted Stk. Units-Dir. Stk. Plan F1, F2, F3	112.08	$189.15	$21K

Holdings After Transaction: Restricted Stk. Units-Dir. Stk. Plan — 21,526.64 contracts (Direct)

Footnotes (3)

1. F1. The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
2. F2. Acquired with dividend equivalents credited to the reporting person's account under the Marsh & McLennan Companies Directors Stock Compensation Plan.
3. F3. Not applicable.

Key Figures

Restricted Stock Units acquired: 112.08 units Transaction price per unit: $189.15 Units following transaction: 21,526.64 units +2 more

5 metrics

Restricted Stock Units acquired 112.08 units RSUs acquired on 2026-08-14 as dividend equivalents under Directors Stock Compensation Plan

Transaction price per unit $189.15 Per-unit transaction price for the 112.08 restricted stock units

Units following transaction 21,526.64 units Total restricted stock units directly held by Deborah C. Hopkins after the transaction

Conversion ratio 1-for-1 Each restricted stock unit converts into one share of common stock

Transaction date 2026-08-14 Date the restricted stock unit acquisition was effective

Key Terms

Restricted Stk. Units-Dir. Stk. Plan, dividend equivalents, Directors Stock Compensation Plan

3 terms

Restricted Stk. Units-Dir. Stk. Plan financial

"security_title is listed as "Restricted Stk. Units-Dir. Stk. Plan""

dividend equivalents financial

"Acquired with dividend equivalents credited to the reporting person's account"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Directors Stock Compensation Plan financial

"under the Marsh & McLennan Companies Directors Stock Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MRSH director Deborah C. Hopkins report?

Deborah C. Hopkins reported acquiring 112.08 Restricted Stock Units on 2026-08-14 under Marsh & McLennan’s Directors Stock Compensation Plan. These units were credited as dividend equivalents and each converts into one share of common stock.

How many Marsh & McLennan (MRSH) units does Deborah C. Hopkins hold after this Form 4?

After the reported transaction, Deborah C. Hopkins holds 21,526.64 restricted stock units directly. Each unit is convertible into one share of common stock, according to the filing’s footnote disclosure.

What type of security did Deborah C. Hopkins acquire in the MRSH Form 4 filing?

She acquired Restricted Stock Units described as "Restricted Stk. Units-Dir. Stk. Plan". These RSUs are part of the Directors Stock Compensation Plan and convert into Marsh & McLennan common stock on a 1-for-1 basis.

At what reference price were the MRSH restricted stock units recorded for Deborah C. Hopkins?

The 112.08 restricted stock units for Deborah C. Hopkins were recorded at $189.15 per unit. This price is listed on the Form 4 as the transaction price per share for the RSUs credited to her account.

How were the new MRSH restricted stock units for Deborah C. Hopkins generated?

The new 112.08 restricted stock units were acquired as dividend equivalents credited to Hopkins’ account under the Marsh & McLennan Companies Directors Stock Compensation Plan, rather than through an open-market purchase or option exercise.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2026 - 04:11 PM EDT Learn about SEC filing dates

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^*

HOPKINS DEBORAH C

(Last) (First) (Middle)

C/O MARSH & MCLENNAN COMPANIES, INC.

1166 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

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

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

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

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
Restricted Stk. Units-Dir. Stk. Plan	(1)	08/14/2026		J(2)	V	112.08		(3)	(3)	Common Stock	112.08	$189.15	21,526.64	D

Explanation of Responses:

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

2. Acquired with dividend equivalents credited to the reporting person's account under the Marsh & McLennan Companies Directors Stock Compensation Plan.

3. Not applicable.

	/s/ Tessa Patti, Attorney-in-fact	08/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)