Reese Edmund 4
Research Summary
AI-generated summary
Aon (AON) CFO Reese Edmund Receives Award; 598 RSUs Vest
What Happened
- Reese Edmund, Chief Financial Officer of Aon plc, reported the vesting/conversion of restricted share units (RSUs). On Feb 13, 2026, 598 RSUs converted into 598 Class A ordinary shares. To satisfy tax withholding, 250.805 of those shares were withheld by the issuer at $321.70 per share, totaling $80,684; the net shares delivered to Edmund were about 347.2 shares.
- The filing also shows a 2,337-RSU award recorded on Feb 12, 2026 (derivative/award entry). Per the company plan the RSUs convert 1-for-1 to shares and vest 33 1/3% per year over three years.
Key Details
- Transaction dates: RSU award shown Feb 12, 2026; conversion/vesting and withholding occurred Feb 13, 2026. Form filed Feb 17, 2026.
- Conversion (code M): 598 RSUs → 598 Class A shares.
- Tax withholding (code F): 250.805 shares withheld at $321.70/share = $80,684.
- Net shares delivered to insider: ~347.195 shares (598 − 250.805).
- Footnotes: RSUs convert 1-for-1; reporting person paid nominal €/$0.01 per share under Irish law; award vests 33 1/3% on each of the first three anniversaries of grant.
- Shares owned after the transactions: not specified in the provided data.
- This was not an open-market sale or purchase by the insider—the share disposition was issuer withholding to cover taxes (routine).
Context
- This is a routine RSU vesting and tax-withholding event, not a discretionary sale or purchase in the open market. Tax-withholding via share retention is common and does not necessarily indicate the insider’s view on the stock.
- Transaction codes: A = award/grant, M = conversion/exercise of a derivative (here, RSU conversion), F = shares withheld to pay taxes (withholding/cashless-like).