Cai Jin-Yong 4
Research Summary
AI-generated summary
Aon Director Cai Jin‑Yong Receives 776‑Share Award
What Happened
Cai Jin‑Yong, a non‑employee director of Aon plc (AON), was granted 776 Class A ordinary shares on 2026‑06‑25 as part of the company’s annual director award program. To satisfy tax withholding obligations, 396.524 of those shares were withheld (disposed) at an implied price of $315.95, producing $125,282 in proceeds/withholding value. The grant itself is an acquisition (award), while the withholding is a routine disposition to cover taxes.
Key Details
- Transaction date: 2026‑06‑25; Form 4 filed 2026‑06‑29 (appears timely).
- Award: 776 Class A ordinary shares granted (price not applicable for the grant).
- Tax withholding/disposition: 396.524 shares withheld at $315.95 per share, total $125,282.
- Shares owned after the transaction: not reported in the provided data.
- Footnotes: (F1) Annual non‑employee director grant; under Irish law the director pays a nominal $0.01 per share. (F2) Shares were withheld by the issuer to satisfy tax withholding.
- Transaction codes: A = award/grant (acquisition); F = tax withholding (disposition).
Context
This appears to be a routine annual equity award to a non‑employee director with a standard cashless‑style withholding to cover taxes, not an open‑market sale or purchase. Such withholding is common and typically reflects tax mechanics rather than a judgment about the company’s prospects.