Thomas Joseph Gallagher - Apr 29, 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
Apr 29, 2024
Transactions value $
-$46,412
Form type
4
Date filed
5/1/2024, 07:29 PM
Previous filing
Mar 19, 2024
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $0 +199 +0.06% $0.00 329K Apr 29, 2024 Direct
transaction AJG Common Stock Tax liability -$46.4K -199 -0.06% $232.91 329K Apr 29, 2024 Direct
holding AJG Common Stock 62.3K Apr 29, 2024 By grantor retained annuity trust
holding AJG Common Stock 66.7K Apr 29, 2024 By Irrevocable Trust
holding AJG Common Stock 32.4K Apr 29, 2024 By wife
holding AJG Common Stock 118K Apr 29, 2024 By wife as trustee F1, F2
holding AJG Common Stock 368 Apr 29, 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 -1.27% $0.00 15.5K Apr 29, 2024 Common Stock 199 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F2 These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.
F3 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F4 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.