Alvarez Jose Antonio 4
Research Summary
AI-generated summary
Aon (AON) Director Jose Alvarez Receives 776-Share Award; 372 Withheld
What Happened
- Director Jose Antonio Alvarez received an annual non-employee director award of 776 Class A ordinary shares of Aon plc on June 25, 2026. To cover the tax liability on the award, 372.469 shares were withheld by the issuer at $315.95 per share, generating proceeds of $117,682. Net of withholding, the director retained approximately 403.531 shares from this grant.
- This was an award (A) with a related tax-withholding disposition (F), not an open-market purchase or sale — awards are routine compensation for non-employee directors and are not a direct buy/sell signal.
Key Details
- Transaction date: June 25, 2026. Form filed June 29, 2026 (filed on time).
- Award: 776 Class A ordinary shares granted (annual non-employee director grant).
- Withholding: 372.469 shares withheld to satisfy tax liability at $315.95/share, proceeds $117,682 (reported as disposition code F).
- Net shares retained from this grant: ~403.531 shares (776 − 372.469).
- Shares owned after the transaction: not specified in the filing.
- Footnotes: F1 — annual grant to each non-employee director; per Irish law the reporting person paid the nominal share value ($0.01/share). F2 — shares withheld by issuer to pay taxes.
Context
- This was a compensatory equity award to a non-employee director, with a routine withholding for taxes (common practice). Such awards are standard director compensation and do not necessarily indicate personal bullish or bearish trading intent.