Yates Lloyd M 4
Research Summary
AI-generated summary
Marsh & McLennan (MRSH) Director Lloyd M. Yates Sells 12,000 Shares
What Happened
Lloyd M. Yates, a director of Marsh & McLennan Companies (MRSH), sold 12,000 shares in an open-market transaction on July 23, 2026. The shares were disposed at $175.65 each, generating proceeds of $2,107,800. This was a straightforward sale (transaction code S), not a purchase or option exercise.
Key Details
- Transaction date: 2026-07-23 (reported on Form 4 filed 2026-07-24).
- Price and size: 12,000 shares at $175.65 per share — total proceeds $2,107,800.
- Transaction type: Open-market sale (S).
- Shares owned after transaction: Not specified in the summary provided here — see the full Form 4 (Accession 0000062709-26-000198) for post-transaction holdings and any footnotes.
- Filing timeliness: Filed one day after the transaction date; not flagged as late in the provided data.
- No 10b5‑1 plan, tax withholding, or other special instructions were noted in the transaction details provided.
Context
Insider sales are common and can reflect routine portfolio management, diversification, or other personal reasons; they are not by themselves a clear signal about company fundamentals. Purchases generally attract more attention from investors as possible positive signals; this filing documents a routine director sale. For a fuller picture, check the full Form 4 for total holdings, any 10b5‑1 plan disclosures, and other recent insider trades.