MILLS STEVEN A 4

What Happened
Steven A. Mills, a director of Marsh & McLennan Companies (MRSH), was awarded 244 shares on February 15, 2026. The reported acquisition price was $173.51 per share, for a total value of about $42,336. This was an award tied to director compensation (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-02-15; per-share price: $173.51; total value: ~$42,336.
• Transaction type: Award/Acquisition (Form 4 code A).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Shares were "acquired in connection with director fees pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan."
• Filing: Form 4 was filed on 2026-02-18; the filing record does not indicate a delinquent report.

Context
This award is routine director compensation and should be viewed as such rather than a direct buy/sell signal about the director’s market view. Director stock awards are commonly used to compensate and align directors with shareholder interests; they differ from open‑market purchases, which some investors treat as a stronger signal of insider conviction.