Walter D. Bay - 10 Mar 2025 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
10 Mar 2025
Net transactions value
+$450,000
Form type
4
Filing time
11 Mar 2025, 20:40:08 UTC
Previous filing
05 Mar 2025
Next filing
14 Mar 2025

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 $450,000 +1,401 +68% $321.23 3,470 10 Mar 2025 Common Stock 1,401 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 in the year they attain age 62, or after a one-year period for participants who have attained age 61.