Douglas K. Howell - Nov 20, 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VP & Chief Financial Officer
Signature
/s/ Ryan Session, by power of attorney
Stock symbol
AJG
Transactions as of
Nov 20, 2023
Transactions value $
-$2,814,848
Form type
4
Date filed
11/22/2023, 04:31 PM
Previous filing
Sep 19, 2023
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $102K +1.8K +1.41% $56.86* 130K Nov 20, 2023 Direct
transaction AJG Common Stock Sale -$2.92M -11.8K -9.1% $247.22 118K Nov 20, 2023 Direct F2
holding AJG Common Stock 3.17K Nov 20, 2023 By Spouse F1
holding AJG Common Stock 293 Nov 20, 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 -1.8K -100% $0.00* 0 Nov 20, 2023 Common Stock 1.8K $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 $246.89 to $247.41. 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.

Remarks:

Exhibit List: Ex-24 Power of Attorney.