Case Gregory C 4

What Happened
Gregory C. Case, President & CEO of Aon plc, had restricted share units (RSUs) vest on Feb 17, 2026 that converted into Class A ordinary shares. The filing shows 2,357 shares issued on conversion, with 1,001.695 shares withheld by the issuer to cover withholding taxes (1,001.695 × $325.96 = $326,513). The filing also reports multiple gift transactions of 3,214 shares (no proceeds).

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (filed within the normal two-business-day window).
• RSU conversion/exercise entries: 2,357 shares (conversion of derivative/RSU).
• Tax withholding: 1,001.695 shares surrendered/withheld at $325.96 per share, total ~$326,513 (code F).
• Gifts: multiple gift entries of 3,214 shares reported (code G), showing $0 proceeds.
• Footnotes:
  • F1: Shares acquired upon vesting of an RSU award.
  • F2: Shares withheld by issuer to satisfy tax-withholding on vesting.
  • F3: RSU converts 1-for-1; reporting person agreed to pay nominal €/$0.01 per share under Irish law.
  • F4: Award was granted Feb 17, 2023 and vests 33 1/3% on each of the first three anniversaries.
• Shares owned after the transactions: not specified in this filing.

Context

• This appears to be a routine RSU vesting event rather than an open-market purchase or sale. The withholding of shares to cover taxes is common and should not be interpreted as a market-direction bet. Gift transactions likewise do not necessarily reflect insider sentiment about the stock.
• The conversion was effectively a vesting of RSUs (derivative conversion), with some shares withheld for taxes (a form of cashless settlement).