J. Patrick Gallagher Jr. - 02 Mar 2026 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
CEO, Director
Signature
/s/ Monica Norzagaray, by power of attorney
Issuer symbol
AJG
Transactions as of
02 Mar 2026
Net transactions value
-$6,322,064
Form type
4
Filing time
04 Mar 2026, 21:21:12 UTC
Previous filing
03 Mar 2026
Next filing
06 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GALLAGHER J PATRICK JR CEO, Director 2850 GOLF ROAD, ROLLING MEADOWS /s/ Monica Norzagaray, by power of attorney 04 Mar 2026 0001186006

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise +44,050 +55% $79.59* 123,905 02 Mar 2026 Direct
transaction AJG Common Stock Sale $6,322,064 -27,450 -22% $230.31 96,455 02 Mar 2026 Direct F1, F2
transaction AJG Common Stock Gift -1,350 -1.4% $0.000000* 95,105 03 Mar 2026 Direct
transaction AJG Common Stock Gift -1,350 -0.5% $0.000000* 270,175 03 Mar 2026 By Spouse F3
transaction AJG Common Stock Gift +600 +0.27% $0.000000* 219,955 03 Mar 2026 By Trust F4
holding AJG Common Stock 5,328 02 Mar 2026 By Spouse's Trust F5
holding AJG Common Stock 255,965 02 Mar 2026 By Corporation
holding AJG Common Stock 66,703 02 Mar 2026 By Irrevocable Trust
holding AJG Common Stock 419 02 Mar 2026 Gallagher 401(k) plan account

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 AJG Notional Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities +91,769 +150% $225.23* 153,073 03 Mar 2026 Common Stock 91,769 $0.000000 Direct F6, F7, F8
transaction AJG Non-qualified Stock Option Options Exercise -44,050 -100% $0.000000* 0 02 Mar 2026 Common Stock 44,050 $79.59 Direct F9
holding AJG Phantom Stock 136,061 02 Mar 2026 Common Stock 136,061 Direct F10, F11
holding AJG Non-qualified Stock Option 68,550 02 Mar 2026 Common Stock 68,550 $86.17 Direct F9
holding AJG Non-qualified Stock Option 76,975 02 Mar 2026 Common Stock 76,975 $127.90 Direct F9
holding AJG Non-qualified Stock Option 35,825 02 Mar 2026 Common Stock 35,825 $158.56 Direct F9
holding AJG Non-qualified Stock Option 30,029 02 Mar 2026 Common Stock 30,029 $177.09 Direct F12
holding AJG Non-qualified Stock Option 27,210 02 Mar 2026 Common Stock 27,210 $243.54 Direct F13
holding AJG Non-qualified Stock Option 22,727 02 Mar 2026 Common Stock 22,727 $337.74 Direct F9
holding AJG Non-qualified Stock Option 48,449 02 Mar 2026 Common Stock 48,449 $228.20 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Covers tax obligations and the exercise price relating to the exercise of expiring stock options.
F2 The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $230.210 to $230.780. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
F4 Held in trust for benefit of children.
F5 Shares held in trust for the benefit of my children of which I am sole Trustee.
F6 Each notional stock unit represents a right to receive one share of Gallagher common stock.
F7 The reporting person moved $20,669,228.36 in assets that he holds in the company's Supplemental Savings and Thrift Plan, a nonqualified deferred compensation plan, into the investment option representing Gallagher common stock, which is a discretionary transaction by the reporting person.
F8 The notional stock units become payable following the reporting person's separation from service with Gallagher.
F9 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F10 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F11 These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.
F12 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F13 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F14 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.

Remarks:

This report discloses several transactions by the reporting person, including an exercise of expiring stock options, gifts and a discretionary election to move $20,669,228.36 in assets that he holds in the company's Supplemental Savings and Thrift Plan, a nonqualified deferred compensation plan, into the investment option representing Gallagher common stock.