Walter D. Bay - 31 Mar 2025 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
31 Mar 2025
Transactions value $
$-27,189
Form type
4
Filing time
02 Apr 2025, 21:40:23 UTC
Previous filing
18 Mar 2025
Next filing
23 Dec 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 Options Exercise $0 +79 +0.1% $0.000000 79,549 31 Mar 2025 Direct
transaction AJG Common Stock Tax liability $-27,189 -79 -0.1% $345.24 79,470 31 Mar 2025 Direct
holding AJG Common Stock 419 31 Mar 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 Options Exercise $0 -79 -2.27% $0.000000 3,395 31 Mar 2025 Common Stock 79 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.

Remarks:

The transactions in this report relate solely to the withholding of shares to cover applicable income and employment taxes with respect to the vesting of an award under the Age 62 Plan.