Marsh & McLennan (MRSH) Director Tamara Ingram Receives 47.56 Shares

What Happened

• Tamara Ingram, a director of Marsh & McLennan Companies (MRSH), was credited with 47.56 derivative shares on 2026-08-14. The filing values the shares at $189.15 each for a total of $8,996. This was an acquisition (derivative issuance), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-14. Filing date: 2026-08-18 (filed four days after the transaction; typically Form 4s are due within two business days).
• Transaction type: Other acquisition or disposition (code J) — derivative shares credited/converted.
• Price/value: $189.15 per share; total reported value $8,996.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes:
  • F1: The security converts to Marsh & McLennan common stock on a 1-for-1 basis.
  • F2: These shares were acquired with dividend equivalents credited to the reporting person's account under the Marsh & McLennan Companies Directors Stock Compensation Plan.
  • F3: Not applicable.

Context

• This appears to be an administrative issuance: dividend equivalents under the directors' stock compensation plan were credited and converted into company common stock on a 1-for-1 basis. Such credits are routine compensation-related transactions and do not necessarily signal a change in insider sentiment.
• Because this is a derivative-to-stock conversion (not a market purchase), it differs from insider buys/sells and is generally viewed as standard plan activity.