Goltermann Lori 4
4 · Aon plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Aon (AON) Exec Lori Goltermann Receives Award; Withholds Shares
What Happened
Lori Goltermann, CEO, Regions & North America at Aon plc, had performance share units (PSUs) settle on Feb 12, 2026, resulting in 6,937 Class A shares issued to her. The company withheld 2,713.338 of those shares to cover taxes (disposed) at $314.49 per share for proceeds of $853,318. In addition, she was granted 1,113 restricted share units (RSUs) (derivative award) that convert to one Class A share each; under Irish law she agreed to pay the nominal €/$0.01 per share. Net immediate share increase after withholding was 4,223.662 shares; if the RSUs fully vest over time the total net increase would be 5,336.662 shares.
Key Details
- Transaction date: Feb 12, 2026. Filing date: Feb 17, 2026 (timely — Feb 16 was a U.S. holiday).
- Withheld (tax payment): 2,713.338 shares disposed at $314.49 = $853,318.
- Shares issued on settlement: 6,937 Class A Ordinary Shares (PSU settlement based on 2023–2025 performance).
- RSU grant: 1,113 restricted share units (derivative award) reported at $0.00; converts 1-for-1 to shares, with a nominal payment of $0.01 per share required.
- Vesting: RSUs vest 33 1/3% on each of the first through third anniversaries of the grant.
- Footnotes: settlement relates to PSUs granted ~3 years ago under Aon’s Leadership Performance Program; filing notes inclusion of shares from the Aon ESPP (Dec 31, 2025); withholding was to satisfy tax obligations.
- Shares owned after transaction: not disclosed in the provided excerpt.
Context and investor takeaway: This filing reflects award settlement and routine tax withholding rather than an open‑market sale or purchase. PSUs were paid out based on multi-year performance; the RSUs are unvested and will vest over three years. Tax‑withholding via share retention is common and does not by itself signal a change in insider sentiment.
Insider Transaction Report
- Award
Class A Ordinary Stock
[F1][F2]2026-02-12+6,937→ 9,216.109 total - Tax Payment
Class A Ordinary Stock
[F3]2026-02-12$314.49/sh−2,713.338$853,318→ 6,502.771 total - Award
Restricted Share Unit (Right to Receive)
[F4][F5]2026-02-12+1,113→ 1,113 totalExp: 2029-02-12→ Class A Ordinary Shares (1,113 underlying)
Footnotes (5)
- [F1]Represents Class A Ordinary Shares issued upon the settlement of performance share unit awards originally granted approximately three years ago under the eighteenth cycle of the Company's Leadership Performance Program. The number of shares issued was determined by the Organization and Compensation Committee of the Board of Directors on February 12, 2026, based on the Company's performance for the period from January 1, 2023 to December 31, 2025.
- [F2]Includes shares acquired under the Aon employee stock purchase plan on December 31, 2025.
- [F3]Class A Ordinary Shares withheld by the issuer for payment of taxes in connection with the vesting of the award.
- [F4]The restricted share unit award converts to Class A Ordinary Shares on a 1-for-1 basis. In accordance with Irish law, the reporting person agreed to pay the issuer the nominal value of $0.01 per share issued to the reporting person.
- [F5]The restricted share unit award vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan, as amended and restated, as follows: 33 1/3% of the award vests on each of the first through third anniversary of the date of the grant.