William F. Ziebell - 18 Dec 2024 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VICE PRESIDENT
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
18 Dec 2024
Net transactions value
-$809,685
Form type
4
Filing time
20 Dec 2024, 16:53:24 UTC
Previous filing
05 Jun 2024
Next filing
19 Feb 2025
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 +2,907 +7.3% $0.000000 42,940 18 Dec 2024 Direct
transaction AJG Common Stock Tax liability $809,685 -2,907 -6.8% $278.49 40,033 18 Dec 2024 Direct
holding AJG Common Stock 368 18 Dec 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 -2,907 -4.2% $0.000000 66,154 18 Dec 2024 Common Stock 2,907 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F2 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 withholding of applicable income and employment taxes with respect to the vesting of an award under the Age 62 Plan.