Director Fanjul sells 5,000 MMC shares (9.8% of holdings) for $1,105,225 across two transactions at $221.04 average.
Oscar Fanjul, a director at Marsh & McLennan, executed two separate sales on consecutive days—2,500 shares at $221.55 on 2024-10-30 and 2,500 shares at $220.54 on 2024-10-31—totaling 5,000 shares for $1,105,225.00 at a blended average price of $221.04. This transaction reduced his holdings from 51,049 shares to 46,049 shares, representing a 9.8% reduction in his position. Fanjul's prior trade history at MMC shows mixed timing outcomes: three sales on 2024-06-13 each achieved +4.5% 30-day and +9.6% 90-day returns (poorly timed, as the stock rose after), while a 2023-11-28 sale posted -5.7% 30-day but +1.7% 90-day returns. The current price of $218.24 sits 5.9% below the 52-week high and 1.4% below his average transaction price, suggesting the recent sale has not yet been validated by subsequent stock weakness. At the cross-ticker level, his prior four open-market sales averaged +1.9% 30-day and +7.6% 90-day returns with a 0.00% well-timed rate, indicating a pattern of selling into strength rather than ahead of declines.