Both sales are under 10b5-1 plans, so they are not opportunistic. The trivial size relative to market cap makes them non-informative. Monitor the next 10-Q for any further litigation or restructuring developments that could affect GAAP earnings.
Price Chart
Executive Summary
Two MRSH insiders (President & CEO of Marsh RE and VP/Controller) sold a total of $1.08M in open-market sales on October 23, 2026, both under 10b5-1 trading plans. The sales follow the company's Q3 earnings release 11 days prior, which showed an adjusted EPS beat but a large GAAP miss due to litigation and restructuring charges.
Key Financial Metrics
Key Facts
- Two insiders sold shares on October 23, 2026: Klisura Dean Michael (President & CEO, Marsh RE) sold 4,194 shares at $200 for $838,800; Mills Stacy (VP and Controller) sold 1,215 shares at $200 for $243,000.
- Both sales were executed under 10b5-1 trading plans, indicating pre-planned, non-discretionary transactions.
- Total sales of $1.08M represent approximately 0.001% of MRSH's $94.8B market cap, a trivial amount.
- The cluster follows MRSH's Q3 2026 earnings release on October 15, which reported adjusted EPS of $2.03 (beat consensus of $1.96) but GAAP EPS of $1.69 (missed consensus of $2.21) due to Greensill litigation settlement and restructuring charges.
Financial Impact
Total insider sales of $1.08M, or ~0.001% of market cap.
Risk Factors
- GAAP EPS miss of 23.5% due to large one-time charges may weigh on sentiment if recurring.
- Insider sales are pre-planned and routine; no immediate risk signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MRSH-1793045700830 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $190.67 | awaiting T+20 | — | $190.67 (−0.00%) |
Oct 26, 2026 1d ago | Insider Cluster | $194.72 | awaiting T+20 | — | $190.67 (−2.08%) |
Oct 23, 2026 4d ago | Institutional Cluster | $197.48 | awaiting T+20 | — | $190.67 (−3.45%) |
Oct 15, 2026 12d ago | 8-K | $186.54 | awaiting T+20 | — | $190.67 (+2.21%) |
Sep 3, 2026 7w ago | Insider Cluster | $185.74 $170.43 | ▼ −8.24% | ▼ −8.85% | $190.67 (+2.65%) |
Jul 31, 2026 12w ago | Insider Cluster | $192.84 $189.80 | ▼ −1.58% | ▼ −2.81% | $190.67 (−1.13%) |
Jul 29, 2026 12w ago | Insider Cluster | $191.51 $190.00 | ▼ −0.79% | ▼ −4.75% | $190.67 (−0.44%) |
Jul 23, 2026 13w ago | 144 | $176.40 $190.21 | ▲ +7.83% | ▲ +4.52% | $190.67 (+8.09%) |
Jul 21, 2026 14w ago | 8-K | $181.59 $186.37 | ▲ +2.63% | ▲ +0.07% | $190.67 (+5.00%) |
Apr 16, 2026 27w ago | 8-K | $182.57 $159.14 | ▼ −12.83% | ▼ −18.65% | $190.67 (+4.44%) |
US Market Status
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