Douglas K. Howell - 29 Apr 2024 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VP & Chief Financial Officer
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
29 Apr 2024
Net transactions value
-$46,412
Form type
4
Filing time
01 May 2024, 19:25:12 UTC
Previous filing
19 Mar 2024
Next filing
06 May 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 $0 +199 +0.21% $0.000000 94,231 29 Apr 2024 Direct
transaction AJG Common Stock Tax liability $46,412 -199 -0.21% $232.91 94,031 29 Apr 2024 Direct
holding AJG Common Stock 3,165 29 Apr 2024 By Spouse F1
holding AJG Common Stock 368 29 Apr 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 Phantom Stock Options Exercise $0 -199 -2.7% $0.000000 7,156 29 Apr 2024 Common Stock 199 Direct F2, 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 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F3 These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.

Remarks:

The transactions in this report relate solely to the payment of applicable taxes, in accordance with a schedule determined earlier in the year, with respect to a vested award under the Age 62 Plan.