Joel D. Cavaness - 31 Oct 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Vice President
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
31 Oct 2023
Net transactions value
-$180,337
Form type
4
Filing time
02 Nov 2023, 16:37:40 UTC
Previous filing
18 Jul 2023
Next filing
28 Feb 2024
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 $37,656 +437 +22% $86.17 2,460 31 Oct 2023 By Spouse
transaction AJG Common Stock Options Exercise $58,419 +734 +30% $79.59 3,194 31 Oct 2023 By Spouse
transaction AJG Common Stock Sale $276,412 -1,171 -37% $236.05 2,023 31 Oct 2023 By Spouse F1
holding AJG Common Stock 136,753 31 Oct 2023 Direct
holding AJG Common Stock 293 31 Oct 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 -437 -2.1% $0.000000 20,033 31 Oct 2023 Common Stock 437 $86.17 Direct F2
transaction AJG Non-qualified Stock Option Options Exercise $0 -734 -4% $0.000000 17,616 31 Oct 2023 Common Stock 734 $79.59 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $236.026 to $236.085. 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.
F2 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.

Remarks:

Exhibit List: Ex-24 Power of Attorney.