Schapiro Morton O - 13 Feb 2026 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MRSH)

Role: Director
Signature: /s/ Tessa Patti, Attorney-in-fact
Issuer symbol: MRSH
Transactions as of: 13 Feb 2026
Net transactions value: +$120,134
Form type: 4
Filing time: 18 Feb 2026, 17:12:45 UTC
Previous filing: 18 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SCHAPIRO MORTON O	Director	C/O NORTHWESTERN UNIVERSITY, 633 CLARK ST., ROOM 2-130, EVANSTON	/s/ Tessa Patti, Attorney-in-fact	18 Feb 2026	0001194450

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MRSH	Restricted Stk. Units-Dir. Stk. Plan	Other	$78,884	+456	+0.52%	$172.98	88,106	13 Feb 2026	Common Stock	456		Direct	F1, F2, F3
transaction	MRSH	Restricted Stk. Units-Dir. Stk. Plan	Award	$41,250	+238	+0.27%	$173.51	88,344	15 Feb 2026	Common Stock	238		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F2	Acquired with dividend equivalents credited to the reporting person's account under the Marsh & McLennan Companies Directors Stock Compensation Plan.
F3	Not Applicable
F4	Acquired in connection with director fees pursuant to the Marsh & McLennan Companies Directors Stock Compensation Plan.