Douglas K. Howell - 19 Sep 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VP & Chief Financial Officer
Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
19 Sep 2023
Net transactions value
-$2,671,200
Form type
4
Filing time
19 Sep 2023, 21:29:06 UTC
Previous filing
28 Aug 2023
Next filing
22 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $852,900 +15,000 +12% $56.86 142,942 19 Sep 2023 Direct
transaction AJG Common Stock Sale $3,524,100 -15,000 -10% $234.94 127,942 19 Sep 2023 Direct F2
holding AJG Common Stock 3,165 19 Sep 2023 By Spouse F1
holding AJG Common Stock 293 19 Sep 2023 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 Non-qualified Stock Option Options Exercise $0 -15,000 -89% $0.000000 1,800 19 Sep 2023 Common Stock 15,000 $56.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
F2 The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $234.91 to $235.07. 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 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.