Fernandez Carmen 4

What Happened Carmen Fernandez, SVP and Chief People Officer at Marsh & McLennan Companies (MRSH), was granted 5,963 restricted stock units (RSUs) on 2026-05-01. The filing reports an acquisition price of $0.00 (typical for RSU grants); the filing lists the transaction as a derivative award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01; transaction type: Award/Grant (code A); reported acquisition price: $0.00.
• Shares/units granted: 5,963 RSUs (derivative). Reported total value on form: $0.
• Conversion: RSUs convert to Marsh & McLennan common stock on a 1-for-1 basis (Footnote F1).
• Vesting: Three equal annual installments on May 15, 2027, 2028 and 2029 (Footnote F2).
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing timeliness: report filed 2026-05-01 for a 2026-05-01 grant (no late filing indicated).

Context RSU awards are compensation grants that convert into company shares over time as they vest; they are not an immediate open-market purchase and do not necessarily indicate the insider is buying or selling stock. Because these RSUs vest over three years, the actual transfer of shares (and any subsequent sale) will occur only as vesting conditions are met.