Reese Edmund 4
Research Summary
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Aon (AON) CFO Reese Edmund Receives RSUs; Shares Withheld for Taxes
What Happened Reese Edmund, Chief Financial Officer of Aon plc, had 3,975 restricted share units (RSUs) vest on July 1, 2026. The RSUs converted 1-for-1 into 3,975 Class A ordinary shares. To satisfy tax withholding, the issuer withheld 2,198.112 of those shares; the withholding was valued at $343.56 per share, totaling $755,183. The vesting is part of a grant that vests 33 1/3% on each of the first three anniversaries of the July 1, 2024 grant.
Key Details
- Transaction date: July 1, 2026; Form filed July 6, 2026 (filed 5 days after the transaction).
- Primary action: RSU vesting / conversion (reported as code M — exercise/conversion of derivative) for 3,975 shares.
- Tax withholding: 2,198.112 shares were withheld (reported as code F) at $343.56/share = $755,183.
- Net shares delivered to Edmund: 3,975 vested − 2,198.112 withheld = 1,776.888 shares (approximately).
- Nominal payment: The RSU converts 1-for-1 and the reporting person agreed to pay nominal value ($0.01 per share) per issuer requirements.
- Shares owned after transaction: Not specified in the provided filing data.
- Timeliness: Filed July 6, 2026 for a July 1 transaction — Form 4s are normally due within two business days, so this filing appears late.
Context
- This was a standard RSU vesting event with shares issued and a portion withheld to cover taxes (common and not necessarily a signal about outlook).
- The transaction was not an open-market sale by the insider; withheld shares satisfy tax obligations rather than represent a discretionary sale.
- Reporting codes: M = conversion/exercise of a derivative (the RSU converting to shares); F = shares withheld for tax withholding.