Ingram Tamara 4

What Happened
Tamara Ingram, a director of Marsh & McLennan Companies, acquired 43.11 shares on 2026-05-15 via a derivative conversion tied to the company’s directors' stock compensation plan. The shares were recorded at $160.60 each for a total value of approximately $6,923. The transaction was an acquisition (reported with code J) rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-18 (filed timely).
• Price: $160.60 per share; Total value: ~$6,923.
• Shares involved: 43.11 (derivative conversion to common stock).
• Shares owned after transaction: Not reported in the Form 4 filing.
• Footnotes: F1 — derivative 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.
• Transaction type: Code J (other acquisition/disposition); this was a compensation-related issuance, not an open-market trade.

Context
This was a compensation-related acquisition where dividend equivalents under the directors' plan were converted into shares (1-for-1 conversion). Such plan-related issuances are routine and reflect director compensation mechanics rather than a discretionary market buy.