THOMAS JOSEPH GALLAGHER - 06 Dec 2023 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
06 Dec 2023
Transactions value $
-$4,094,887
Form type
4
Filing time
12 Feb 2024, 19:06:13 UTC
Previous filing
18 Jul 2023
Next filing
05 Mar 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 $2.12M +37.3K +11.97% $56.86 349K 08 Feb 2024 Direct
transaction AJG Common Stock Tax liability -$3.29M -13.8K -3.97% $237.69 335K 08 Feb 2024 Direct
transaction AJG Common Stock Sale -$2.93M -12.3K -3.67% $237.65 323K 08 Feb 2024 Direct F1
transaction AJG Common Stock Gift $0 +480 +0.41% $0.00 118K 06 Dec 2023 By wife as trustee F2, F3
holding AJG Common Stock 62.3K 06 Dec 2023 By grantor retained annuity trust
holding AJG Common Stock 66.7K 06 Dec 2023 By Irrevocable Trust
holding AJG Common Stock 32.4K 06 Dec 2023 By wife
holding AJG Common Stock 292 06 Dec 2023 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 -37.3K -100% $0.00* 0 08 Feb 2024 Common Stock 37.3K $56.86 Direct F4
* 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 $237.62 to $237.79. 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 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.
F3 These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.
F4 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.