Christopher C. Miskel - 01 Dec 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Director
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
01 Dec 2023
Net transactions value
+$36,250
Form type
4
Filing time
04 Dec 2023, 16:21:40 UTC
Previous filing
05 Sep 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

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 $36,250 +146 +12% $248.00 1,321 01 Dec 2023 Common Stock 146 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each notional stock unit represents a right to receive one share of Gallagher common stock.
F2 This acquisition resulted from the reporting person's election (pursuant to the Company's Director Deferral Plan) to defer the reporting person's annual cash retainer, which the Company pays on a quarterly basis, into deferred share units that will be distributed in the form of the Company's common stock.
F3 The notional stock units become payable in January 2034 in accordance with the reporting person's election.