Patrick Murphy Gallagher - 15 Mar 2026 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Signature
/s/ Monica Norzagaray, by power of attorney
Issuer symbol
AJG
Transactions as of
15 Mar 2026
Net transactions value
$0
Form type
4
Filing time
17 Mar 2026, 21:31:07 UTC
Previous filing
06 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gallagher Patrick Murphy Chief Operating Officer 2850 GOLF ROAD, ROLLING MEADOWS /s/ Monica Norzagaray, by power of attorney 17 Mar 2026 0001929606

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock (restricted) Award +4,620 $0.000000* 4,620 15 Mar 2026 Direct F1
transaction AJG Common Stock (restricted) Options Exercise -4,620 -100% $0.000000* 0 15 Mar 2026 Direct
transaction AJG Common Stock Options Exercise +4,620 +13% $0.000000* 41,063 15 Mar 2026 Direct
transaction AJG Common Stock Tax liability -1,962 -4.8% $207.93* 39,101 15 Mar 2026 Direct
transaction AJG Common Stock Tax liability -525 -1.3% $207.93* 38,576 16 Mar 2026 Direct F2
holding AJG Common Stock 10,560 15 Mar 2026 By Spouse as Trustee F3
holding AJG Common Stock 491 15 Mar 2026 Gallagher 401(k) plan account
holding AJG Common Stock 53,262 15 Mar 2026 By Spouse's Trust F4
holding AJG Common Stock 83,407 15 Mar 2026 By Trust
holding AJG Common Stock 21,032 15 Mar 2026 By Trust F5
holding AJG Common Stock 55,109 15 Mar 2026 By Irrevocable Trust

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
holding AJG Non-qualified Stock Option 17,775 15 Mar 2026 Common Stock 17,775 $228.20 Direct F6
holding AJG Phantom Stock 17,595 15 Mar 2026 Common Stock 17,595 Direct F7, F8
holding AJG Non-qualified Stock Option 11,901 15 Mar 2026 Common Stock 11,901 $337.74 Direct F9, F10
holding AJG Non-qualified Stock Option 11,386 15 Mar 2026 Common Stock 11,386 $243.54 Direct F11
holding AJG Non-qualified Stock Option 7,255 15 Mar 2026 Common Stock 7,255 $127.90 Direct F10, F12
holding AJG Non-qualified Stock Option 6,270 15 Mar 2026 Common Stock 6,270 $86.17 Direct F10, F13
holding AJG Non-qualified Stock Option 6,160 15 Mar 2026 Common Stock 6,160 $177.09 Direct F14
holding AJG Notional Stock Units 907 15 Mar 2026 Common Stock 907 Direct F15, F16, F17
holding AJG Phantom Stock 3,805 15 Mar 2026 Common Stock 3,805 Direct F7, F18
holding AJG Non-qualified Stock Option 5,510 15 Mar 2026 Common Stock 5,510 $158.56 Direct F10, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance share units (awarded on March 15, 2023) earned and vested as of March 15, 2026.
F2 Shares withheld to cover applicable tax obligations relating to the vesting of restricted stock units.
F3 Shares held in trusts, for the benefit of the reporting person's children, of which his wife is sole trustee.
F4 Shares held in a revocable trust and an irrevocable trust of which the reporting person's spouse is sole Trustee and as to which he disclaims beneficial ownership
F5 Shares held in trust for the benefit of the reporting person's children, of which he is a trustee.
F6 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F7 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F8 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.
F9 Closing price of Gallagher common stock on February 28, 2025.
F10 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F11 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F12 Grant date of 3/16/2021.
F13 Grant date of 3/12/2020.
F14 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F15 Each notional stock unit represents a right to receive one share of Gallagher common stock.
F16 The notional stock units become payable following the reporting person's separation from service with Gallagher.
F17 The notional stock units become payable following the reporting person's separation from service with Gallagher.
F18 These shares represent awards under the Deferred Cash Participation Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the participant. These awards are payable in a lump sum on the six-month anniversary of the reporting person's separation from service.
F19 Grant date of 3/15/2022.