MARSH & MCLENNAN COMPANIES, INC.·4

May 18, 4:06 PM ET

Anderson Anthony 4

Research Summary

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Marsh & McLennan (MRSH) Director Anthony Anderson Receives 87.67 Shares

What Happened
Anthony Anderson, a director of Marsh & McLennan Companies (MRSH), recorded an acquisition on 2026-05-15 of 87.67 shares at $160.60 per share, with a reported value of $14,080. The transaction is reported as an “Other acquisition or disposition” (SEC code J) and reflects a derivative conversion into common stock rather than an open-market purchase.

Key Details

  • Transaction date and price: 2026-05-15 at $160.60 per share (total ~$14,080).
  • Transaction type: SEC code J — other acquisition (derivative conversion).
  • Shares owned after transaction: Not disclosed in the Form 4 filing.
  • Footnotes: F1 — the security converts to common stock on a 1-for-1 basis; F2 — shares were acquired with dividend equivalents credited under the Marsh & McLennan Directors Stock Compensation Plan; F3 — not applicable.
  • Filing date: Form 4 filed 2026-05-18 (timely relative to the transaction date).

Context
This was a conversion of dividend equivalents under the company’s directors’ stock compensation plan, meaning the reporting person received shares as a plan credit rather than buying them on the open market. Such derivative conversions are common administrative events and do not necessarily signal a change in the director’s view of the company.