J. PATRICK GALLAGHER JR - 16 Feb 2024 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
President & CEO, Director
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
16 Feb 2024
Transactions value $
-$4,629,878
Form type
4
Filing time
20 Feb 2024, 16:28:29 UTC
Previous filing
16 Jun 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 $3.31M +58.3K +53.8% $56.86 167K 16 Feb 2024 Direct
transaction AJG Common Stock Tax liability -$7.94M -33K -19.77% $241.11 134K 16 Feb 2024 Direct
holding AJG Common Stock 23.4K 16 Feb 2024 By Spouse's Trust F1
holding AJG Common Stock 256K 16 Feb 2024 By Corporation
holding AJG Common Stock 94.9K 16 Feb 2024 By Irrevocable Trust
holding AJG Common Stock 242K 16 Feb 2024 By Spouse F2
holding AJG Common Stock 218K 16 Feb 2024 By Trust F3
holding AJG Common Stock 292 16 Feb 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 -58.3K -100% $0.00* 0 16 Feb 2024 Common Stock 58.3K $56.86 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trust for the benefit of my children of which I am sole Trustee.
F2 Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
F3 Held in trust for benefit of children.
F4 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.

Remarks:

Exhibit List: Ex-24 Power of Attorney.