HANWAY H EDWARD 4

What Happened

Hanway H Edward, a director of Marsh & McLennan Companies, received an annual equity award of 1,349 shares on June 1, 2026. The award is recorded at a grant price of $159.28 per share, for a total reported value of approximately $214,869. This transaction is an award/grant (code A) under the company's director compensation program — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01 (Form 4 filed 2026-06-03) — filing appears timely.
• Security: Common stock; amount: 1,349 shares; reported price per share: $159.28; total value: ~$214,869.
• Transaction type/code: Award/Grant (A) — annual director stock award.
• Plan/footnote: Annual stock award pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan.
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding, or cashless-sale details are reported in this filing.

Context

Director equity awards are routine compensation intended to align directors with shareholder interests and do not necessarily signal the director’s short-term view of the stock. This was an awarded grant of shares, not a purchase or sale.