HOPKINS DEBORAH C 4

What Happened
Deborah C. Hopkins, a director of Marsh & McLennan Companies (MRSH), received an annual director stock award (transaction code A) of 1,349.82 shares on June 1, 2026. The award is reported at a grant price of $159.28 per share for a total reported value of $214,999. The award is a derivative security that converts to common stock on a 1-for-1 basis.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-03 (filed within the normal Form 4 window).
• Amount: 1,349.82 shares; price used for reporting: $159.28; total value: $214,999.
• Shares owned after transaction: not disclosed in the Form 4.
• Transaction type/code: A = grant/award (annual director award under the Directors Stock Compensation Plan).
• Footnotes of note:
  • F1: The security converts to Marsh & McLennan common stock on a 1-for-1 basis.
  • F2: The award is the annual stock award under the Marsh & McLennan Companies Directors Stock Compensation Plan.
  • F3: Not applicable.

Context
Director stock awards are routine compensation for board service and are not the same as an open-market purchase or sale; they do not necessarily signal insider sentiment about the company. Because this was an award (not a sale or purchase), it increases Hopkins’ potential share stake once the derivative converts to common stock per the 1-for-1 conversion.