Walter D. Bay - 16 May 2024 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
General Counsel
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
16 May 2024
Transactions value $
-$5,039,073
Form type
4
Filing time
20 May 2024, 20:42:11 UTC
Previous filing
19 Mar 2024
Next filing
18 Jun 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 Sale -$1.92M -7.58K -12.72% $253.00 52K 16 May 2024 Direct
transaction AJG Common Stock Options Exercise $515K +7.28K +13.93% $70.74 59.6K 16 May 2024 Direct
transaction AJG Common Stock Sale -$1.86M -7.28K -14.01% $256.04 44.7K 16 May 2024 Direct F1
transaction AJG Common Stock Options Exercise $617K +8.72K +19.51% $70.74 53.4K 17 May 2024 Direct
transaction AJG Common Stock Sale -$990K -3.86K -7.23% $256.27 49.5K 17 May 2024 Direct F2
transaction AJG Common Stock Sale -$1.15M -4.47K -9.02% $257.53 45.1K 17 May 2024 Direct F3
transaction AJG Common Stock Sale -$99.6K -386 -0.86% $258.11 44.7K 17 May 2024 Direct F4
transaction AJG Common Stock Options Exercise $56.6K +800 +1.79% $70.74 45.5K 20 May 2024 Direct
transaction AJG Common Stock Sale -$206K -800 -1.76% $257.24 44.7K 20 May 2024 Direct
holding AJG Common Stock 368 16 May 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 -7.28K -43.35% $0.00 9.52K 16 May 2024 Common Stock 7.28K $70.74 Direct F5
transaction AJG Non-qualified Stock Option Options Exercise $0 -8.72K -91.59% $0.00 800 17 May 2024 Common Stock 8.72K $70.74 Direct F5
transaction AJG Non-qualified Stock Option Options Exercise $0 -800 -100% $0.00* 0 20 May 2024 Common Stock 800 $70.74 Direct F5
* 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 on 5/16/2024 at prices ranging from $256.00 to $256.28. 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 price reported is an average weighted price. The shares were sold in multiple transactions on 5/17/2024 at prices ranging from $256.00 to $256.92. 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 ranges set forth in the footnotes to this Form 4.
F3 The price reported is an average weighted price. The shares were sold in multiple transactions on 5/17/2024 at prices ranging from $257.01 to $257.97.
F4 The price reported is an average weighted price. The shares were sold in multiple transactions on 5/17/2024 at prices ranging from $258.05 to $258.16.
F5 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.