Scott R. Hudson - Mar 12, 2024 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Vice President
Signature
/s/ Ryan Session, by power of attorney
Stock symbol
AJG
Transactions as of
Mar 12, 2024
Transactions value $
-$6,022,525
Form type
4
Date filed
3/14/2024, 05:11 PM
Previous filing
Mar 5, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $853K +15K +15.51% $56.86 112K Mar 12, 2024 Direct
transaction AJG Common Stock Sale -$3.83M -15K -13.43% $255.06 96.7K Mar 12, 2024 Direct F1
transaction AJG Common Stock Options Exercise $870K +15.3K +15.82% $56.86 112K Mar 13, 2024 Direct
transaction AJG Common Stock Options Exercise $11.2K +158 +0.14% $70.74 112K Mar 13, 2024 Direct
transaction AJG Common Stock Sale -$3.93M -15.5K -13.78% $254.28 96.7K Mar 13, 2024 Direct F2
holding AJG Common Stock 288 Mar 12, 2024 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 -15K -49.5% $0.00 15.3K Mar 12, 2024 Common Stock 15K $56.86 Direct F3
transaction AJG Non-qualified Stock Option Options Exercise $0 -15.3K -100% $0.00* 0 Mar 13, 2024 Common Stock 15.3K $56.86 Direct F3
transaction AJG Non-qualified Stock Option Options Exercise $0 -158 -0.68% $0.00 23K Mar 13, 2024 Common Stock 158 $70.74 Direct F3
* 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 $254.84 to $255.18. 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 The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $254.22 to $254.60. 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.