J. Patrick Gallagher Jr - Mar 7, 2025 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role: CEO, Director
Signature: /s/ Ryan Session, by power of attorney
Stock symbol: AJG
Transactions as of: Mar 7, 2025
Transactions value $: $1,700,000
Form type: 4
Date filed: 3/11/2025, 08:16 PM
Previous filing: Mar 5, 2025
Next filing: Mar 21, 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	Gift	$0	-75.2K	-45.46%	$0.00	90.2K	Mar 7, 2025	Direct
transaction	AJG	Common Stock	Gift	$0	+75.2K	+27.7%	$0.00	347K	Mar 7, 2025	By Spouse	F1
transaction	AJG	Common Stock	Gift	$0	-5.33K	-22.72%	$0.00	18.1K	Mar 11, 2025	By Spouse's Trust	F2
transaction	AJG	Common Stock	Gift	$0	-75.2K	-21.69%	$0.00	272K	Mar 11, 2025	By Spouse	F1
holding	AJG	Common Stock						256K	Mar 7, 2025	By Corporation
holding	AJG	Common Stock						66.7K	Mar 7, 2025	By Irrevocable Trust
holding	AJG	Common Stock						220K	Mar 7, 2025	By Trust	F3
holding	AJG	Common Stock						368	Mar 7, 2025	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	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$1.7M	+5.29K	+3.87%	$321.23	142K	Mar 10, 2025	Common Stock	5.29K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
F2	Shares held in trust for the benefit of my children of which I am sole Trustee.
F3	Held in trust for benefit of children.
F4	Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F5	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.